Mining Firm Marathon Inks Deals to Host 254 MW of Mining Capacity

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Mining company Marathon Digital Holdings has provided about 254 MW of power for its Bitcoin mining operations as a result of new agreements with several hosting providers.

Marathon chairman and CEO Fred Thiel has said:

“With these new arrangements, we believe we have now secured sufficient hosting capacity to support our goal of achieving approximately 23.3 EH/s of computing power for Bitcoin mining in 2023.”

One of the firm’s deals was a contract with Applied Blockchain to provide approximately 200 MW for deployed miners. The provider will host approximately 66,000 devices at facilities in Texas (90 MW) and North Dakota (110 MW) with a total hashrate of about 9.2 EH/s.

As part of the agreement, Applied Blockchain provided Marathon with the option to add an additional 70 MW of capacity at its data center in North Dakota, if needed.

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