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HomeCryptoBitcoin Miner Marathon Digital Misses Q3 Revenue Estimates, Lowers Hashrate Outlook for...

Bitcoin Miner Marathon Digital Misses Q3 Revenue Estimates, Lowers Hashrate Outlook for 2022



Jefferies said that Marathon’s expectation for 3.2 EH/s is the biggest risk. It will be connected to a Compute North Texas facility. Compute North’s bankruptcy is another concern. Marathon may have to revise terms with their hosting company. Another risk was 12.2 EH/s that are expected to be triggered by Applied Blockchain (APLD), facilities in North Dakota, and Texas. Both of these areas face regulatory delays.

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