. The decision likely came after the price of bitcoin rose about 40% in January. The miner intends to continue to sell some of its mined bitcoin this year, to fund its monthly operating costs, according to the statement.
The miners had an operating hashrate or computing power of 11 exahash per second in January and plans to reach 23 EH/s near the middle of 2023, the statement said. Bitcoin network's hashrate is currently aroundMarathon said it mined a record 687 bitcoin, which is up 45% from December of last year.
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