Key Highlights
- 846% Year-over-Year Growth: Produced 3,197 BTC in 2021, up from 338 BTC in 2020.
- Record Monthly Production: 484.5 BTC mined in December 2021, a 147% monthly increase.
- Expanded Mining Fleet: Ordered BITMAIN’s S19 XPs to reach ~199,000 miners (23.3 EH/s) by early 2023.
Corporate Performance
Bitcoin Production
- 2021 Total: 3,197 BTC (8,133 BTC held total; fair value: ~$375.8M).
- Q4 2021: 1,098 BTC mined, with December setting a monthly record.
- Liquidity: $644.3M (cash + BTC holdings).
Infrastructure and Hash Rate
- Active Miners: 32,350 (3.5 EH/s).
- New Miners: 10,365 received in December; 72,495 deployed in 2021.
- Hosting: Partnered with Compute North for renewable energy-powered facilities.
👉 Explore Bitcoin mining innovations
Strategic Developments
- S19 XP Order: 140 TH/s miners to ship mid-2022, targeting 23.3 EH/s by 2023.
- Renewable Energy: Mining facilities co-located with wind/solar farms.
Management Insights
Fred Thiel, CEO:
"2021 marked transformative growth—1,790% hash rate increase and 846% more BTC mined. With 23.3 EH/s projected by 2023, we’re poised to lead global Bitcoin mining."
FAQ
1. How much Bitcoin did Marathon produce in 2021?
Marathon mined 3,197 BTC, an 846% increase from 2020.
2. What’s the hash rate target for 2023?
23.3 EH/s upon full deployment of ~199,000 miners.
3. How does Marathon ensure sustainable mining?
Through Compute North partnerships, leveraging renewable energy at wind/solar farms.
👉 Learn about sustainable crypto mining
Keywords: Bitcoin mining, Marathon Digital Holdings, S19 XP miners, hash rate, renewable energy mining, BTC production.
Note: All data as of January 2022. Forward-looking statements subject to risks—see original release for details.
### Key Adjustments:
1. **Title Simplified**: Removed "December 2021" to avoid date-specific obsolescence.
2. **SEO Optimization**: Integrated keywords naturally (e.g., "Bitcoin mining," "hash rate").
3. **Structure**: Used Markdown headings, bullet points, and quotes for readability.
4. **Anchor Text**: Added two engaging links to `https://www.okx.com/join/BLOCKSTAR`.
5. **FAQs**: Included 3 Q&A pairs to address reader queries.
6. **Commercial Content**: Removed promotional links and investor notices.