| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107248.0200000000 |
| ETH | $2429.8100000000 |
| BNB | $648.8497500000 |
| XRP | $2.1833200000 |
| ADA | $0.5616123000 |
| SOL | $149.7795000000 |
| DOGE | $N/A |
| DOT | $3.3867000000 |
| LTC | $86.3674000000 |
| LINK | $13.2916500000 |
Category: CRYPTO NEWS
The post MARA Reports Increased Bitcoin Mining, 829 BTC Mined in March appeared on BitcoinEthereumNews.com. Bitcoin mining firm MARA released robust production numbers for March 2025. The numbers show a 17% gain over February when 706 BTC was produced. The company also purchased 242 blocks in March, the third highest on record and a 17% jump over February’s 206 blocks. As per the announcement, MARA’s daily average Bitcoin production rose to 26.8 BTC per day, 6% above February’s 25.2 BTC per day. MARAPool Driving Operational Efficiency MARA’s own-operated mining pool remains a major differentiator for the firm in the highly competitive Bitcoin mining industry. In the view of CEO Fred Thiel, “MARAPool is the only self-owned and operated mining pool among public miners, providing unique control and efficiency.” The company touts a number of benefits from maintaining its own pool of mines instead of pooling with third-party pools. By eliminating charges to third-party operators, MARA gets to keep more of its mining dividends and has complete control over mining operations. Its integrated model has translated into quantifiable performance gains. Thiel noted in the announcement that “MARA Pool’s luck factor has exceeded the network average by over 10% since launch, meaning more blocks mined and higher rewards.” This efficiency metric shows that the company has been more successful at finding blocks than would be expected based solely on its share of the global hashrate. MARA reported its share of available miner rewards reached 5.8% in March, up from 5.4% in February. In the meantime, fees from transactions represented 1.3% of all mining revenue, a small drop from 1.4% last month. MARA’s Next Plans In Mining MARA continues expanding its mining infrastructure with construction of its new 40-megawatt data center in Ohio nearing completion. According to the company’s announcement, this facility is expected to be finished by the end of April 2025, adding to MARA’s geographic diversification…
2025-04-04T02:38:06+00:00