Marathon Digital: 616 Bitcoins Produced in May, Holdings Rise to 17,857 BTC

Bitcoin miner Marathon Digital Holdings has released its May bitcoin production and mining operations report, increasing the number of blocks won by 32% YoY, from 129 to 170, and its share of available miner rewards from 3.2% to 4.2%. 616 bitcoins were produced in May, a decrease of 27%. btc holdings increased to 17,857 BTC; $1.5 billion in cash and BTC as of May 31, 2024