Mara Holdings says mined 254 blocks in November, up 27% from October

“November was a record-breaking month for MARA, with our mining operations achieving unprecedented levels of production driven by the successful deployment of additional miners and enhanced operational efficiency,” said Fred Thiel, MARA’s chairman and CEO. “We mined 254 blocks, a 27% increase over October and the most blocks in a month on record. “Our BTC production grew 26% month-over-month to 907 BTC and energized hash rate increased to 46.1 EH/s, a 15% increase over October. Notably, a portion of our bitcoin and hash rate was acquired outside of our own mining pool. These results highlight the significant strides we’ve made in scaling our operations and optimizing performance, reinforcing our leadership position in the industry. As of the end of November, we have acquired 12,965 BTC year-to-date at an average price of $77,692 and mined an additional 8,563 BTC. This brings our year-to-date BTC yield per share to 37.2%. Overall, we now hold a total of 34,959 BTC, valued at $3.3B based on a spot price of $95,000 per BTC.