Marathon Digital’s Bitcoin Production Fell in November as Maintenance Work Cut Capacity

Marathon Digital’s Bitcoin Production Fell in November as Maintenance Work Cut Capacity
Bitcoin miner Marathon Digital Holdings produced 196 bitcoins in November, down from 417.7 in October, as maintenance and upgrades to its power generating stations in Hardin, Montana, cut computing power.“While these upgrades caused our miners in Hardin to operate below capacity in November, which negatively impacted our bitcoin production for the month, we believe they were necessary in the near term and will be beneficial in the long run,” Marathon CEO Fred Thiel said in a statement Friday.Marathon said after many of its plant issues were fixed, the Hardin fleet was operating near full capacity, allowing the company to produce…