Marathon Bitcoin Production Q3 $100 Million Line Credit


  • Marathon Digital Holdings produced 340.6 bitcoin during September and a total of 1,252.4 BTC during Q3 2021, a 91% increase in production quarter-over-quarter.
  • The company now holds 7,035 bitcoin worth approximately $337.7 million at the time of writing.
  • Marathon also obtained a $100 million revolving line of credit on October 1, secured by BTC and USD, with Silvergate Bank.
  • The miner’s current fleet consists of 25,272 active miners with a hashrate capacity of around 2.7 exahashes per second (EH/s).

Bitcoin miner Marathon Digital Holdings has published updates to its bitcoin production and miner installation for September and announced a new $100 million revolving line of credit (RLOC) with Silvergate Bank, according to a press release.

Marathon produced 340.6 new bitcoin during September, a 27% decrease from August. The firm produced 1,252.4 BTC during the third quarter, increasing its production by 91% quarter-over-quarter. The company holds approximately 7,035 bitcoin, worth around $337.7 million at the time of writing.

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