Cost ManagementAverage cost per coin increased 36% sequentially, which includes significant power costs and cash SG&A expenses.
Financial PerformanceMarathon Digital reported below consensus results due to poor uptime driven by a number of problems including blown transformer, utility line maintenance, and weather.
Operational LimitationsThe Hansford County site will only mine when the wind blows, as MARA does not intend to draw off the grid, which limits operational hours.