The post Marathon Digital Battles Weather Woes as BTC Output Slides, Growth Plan Intact appeared on BitcoinEthereumNews.com.

TLDR: Marathon Digital targets 75 EH/s by end of 2025, up over 40% from current levels. June BTC output fell 25% due to weather, old machines, and pool volatility. Energized hashrate dipped to 57.4 EH/s, but reserves hit 49,940 BTC. Growth is backed by 1.7 GW of energy, with 3 GW pipeline under development. Marathon Digital Holdings has set an ambitious target to push its total hashrate to 75 exahash per second (EH/s) by the end of 2025.  The goal marks a more than 40% increase from 2024 levels, reflecting the firm’s confidence in its current infrastructure and upcoming deployments. Despite a production dip in June, the company’s bitcoin holdings continue to climb, approaching a major milestone of 50,000 BTC.  Chairman and CEO Fred Thiel highlighted the firm’s strategy, noting its reliance on low-cost energy and disciplined capital use. Marathon appears focused on long-term growth, even as short-term production remains under pressure. Marathon June Production Dips on Weather and Equipment Strain According to a press release issued July 1, Marathon’s June output fell sharply, with 211 blocks mined, down 25% from May’s 282.  The decline stemmed from weather-related curtailments and the temporary use of older machines at its Garden City facility. The company also cited the natural volatility in block rewards due to mining pool dynamics.  As a result, daily bitcoin output averaged 23.8 BTC, compared to 30.7 BTC in May. These conditions led to a monthly Bitcoin production of 713 BTC, down from 950 BTC the previous month. Energized hashrate also slipped slightly, falling from 58.3 EH/s to 57.4 EH/s. Despite these setbacks, Marathon did not liquidate any of its BTC holdings in June. Marathon Digital Eyes 75 EH/s by end of 2025! The Chairman and CEO, of @MARA, @fgthiel, announced the company’s target to reach 75 EH/s by…

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Filed under: News - @ July 2, 2025 5:28 am