{"id":53973,"date":"2021-12-02T14:03:03","date_gmt":"2021-12-02T12:03:03","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=53973"},"modified":"2025-09-03T17:49:25","modified_gmt":"2025-09-03T14:49:25","slug":"marathon-to-host-more-than-100000-bitcoin-miners-at-compute-north-facilities","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/marathon-to-host-more-than-100000-bitcoin-miners-at-compute-north-facilities\/","title":{"rendered":"Marathon to host more than 100,000 Bitcoin miners at Compute North facilities"},"content":{"rendered":"<p>The Nasdaq-listed Marathon Digital Holdings has expanded its agreement with infrastructure provider Compute North to house more than 100,000 Bitcoin mining devices.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Remember <a href=\"https:\/\/twitter.com\/fgthiel?ref_src=twsrc%5Etfw\">@fgthiel<\/a>&#8216;s talks on the future of power and <a href=\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#bitcoin<\/a> mining?<a href=\"https:\/\/twitter.com\/computenorthllc?ref_src=twsrc%5Etfw\">@computenorthllc<\/a> now to host over 100,000 of <a href=\"https:\/\/twitter.com\/search?q=%24MARA&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$MARA<\/a>&#8216;s <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&#038;ref_src=twsrc%5Etfw\">#BTC<\/a> miners at predominantly wind and solar farms operated by one of the largest <a href=\"https:\/\/twitter.com\/hashtag\/renewableenergy?src=hash&#038;ref_src=twsrc%5Etfw\">#renewableenergy<\/a><br \/>providers in NA<a href=\"https:\/\/t.co\/oEHqtrn1Ro\">https:\/\/t.co\/oEHqtrn1Ro<\/a><\/p>\n<p>\u2014 MARA (@MARA) <a href=\"https:\/\/twitter.com\/MARA\/status\/1466068822880784390?ref_src=twsrc%5Etfw\">December 1, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div>\n<\/figure>\n<p>Under previous agreements, the infrastructure firm was to install 73,000 of the company&#8217;s miners at Texas facilities.<\/p>\n<p>Upon execution of the new agreement with Compute North, Marathon will deploy all previously purchased equipment.<\/p>\n<p>As a result, Marathon&#8217;s total bitcoin miners will number 133,000 units, delivering a hash rate of about 13.3 EH\/s. Marathon&#8217;s mining operations will be around 77% carbon-neutral.<\/p>\n<p>Compute North <a href=\"https:\/\/u1f987.com\/en\/news\/compute-north-to-lift-bitcoin-mining-data-centre-capacity-to-1-2-gw\">continues the construction of new data centres<\/a> with a focus on renewable energy. The first 280 MW facility in Texas is expected to come online in Q1 2022, with the remaining mining operations coming online by mid-year.<\/p>\n<p>Deployment of Marathon&#8217;s miners at the company&#8217;s existing facilities continues.<\/p>\n<p>Earlier in November, Marathon announced <a href=\"https:\/\/u1f987.com\/en\/news\/marathon-to-raise-500-million-to-buy-bitcoin-and-asic-hardware\">a $500 million debt financing facility<\/a> to buy bitcoin and mining equipment.<\/p>\n<p>In October, the firm agreed with Silvergate Bank on <a href=\"https:\/\/u1f987.com\/en\/news\/marathon-boosts-bitcoin-production-by-91-in-q3\">opening a revolving credit line of $100 million<\/a>.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/twitter.com\/ForkLog\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nasdaq-listed Marathon Digital Holdings has expanded its agreement with infrastructure provider Compute North to house more than 100,000 Bitcoin mining devices.<\/p>\n","protected":false},"author":1,"featured_media":53974,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137,1185,26],"class_list":["post-53973","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-marathon-digital-holdings","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"27","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/53973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=53973"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/53973\/revisions"}],"predecessor-version":[{"id":53975,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/53973\/revisions\/53975"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/53974"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=53973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=53973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=53973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}