Marathon’s Planned Facility in Texas to House 73,000 Bitcoin Miners

On May 24, Marathon Digital announced plans to build a new bitcoin mining facility in partnership with Compute North, according to theblock. The company promises that the new facility will house 73,000 ASIC miners in Texas and will be approximately 70% carbon neutral. marathon estimates that its total hash rate will grow to 10.37 EH/s, achieving a cost of $0.0453 per kWh. The news sent MARA’s stock up nearly 5 percent.