Fred Thiel

BTC block reward miners drowning in red ink as chasing the green gets harder
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14 August, 2024

BTC block reward miners drowning in red ink as chasing the green gets harder

The economic outlook for block reward mining in the U.S. is getting grimmer each day, with numerous miners registering plummeting...
BTC miner Marathon Digital partners with Kenya to monetize unutilized energy
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31 May, 2024

BTC miner Marathon Digital partners with Kenya to monetize unutilized energy

Marathon Digital pledged to invest $80 million in Kenya to develop tech projects, including green data centers, with the government...
BTC miner Marathon Digital records $686M loss in 2022, revenue down 58%
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20 March, 2023

BTC miner Marathon Digital records $686M loss in 2022, revenue down 58%

Marathon Digital was dealt a blow by the BTC price decline towards the end of 2022, with an impairment charge...
Marathon Digital settles with former CEO for $24 million
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20 October, 2022

Marathon Digital settles with former CEO for $24 million

The block reward mining company agreed to stock unit awards with former CEO Merrick Okamoto who stepped down last year...
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