Despite the recent volatility in Bitcoin prices, the
most recent caused by Trump’s tariff announcement, some of the top miners are weathering
the storm, among them Mara Holdings.
The NASDAQ-listed firm recorded a 17% month-over-month
increase in blocks won. This growth came despite rising global mining
difficulty and hashrate competition.
More than 47,000 BTC Holdings
The company’s BTC holdings surpassed 47,000, further
cementing its influence in the market. With 242 blocks mined, MARA posted one
of its highest monthly totals on record, signaling strong operational
efficiency.
“In March, our production saw a 17% month-over-month
increase in blocks won, even as global hashrate and mining difficulty grew,”
said Fred Thiel, MARA’s chairman and CEO. “Our bitcoin holdings surpassed
47,000 BTC during March, and the 242 blocks mined were the third most in a month
on record.”
MARA Pool’s Performance Outshines Network AveragesA
key driver behind MARA’s mining success is its self-operated mining pool,
MARAPool. Unlike many competitors who rely on third-party operators, MARA
manages its own infrastructure, eliminating external fees and increasing
profitability.
The company reported that MARAPool’s “luck factor”
exceeded the network average by over 10% since launch, leading to more blocks
won and higher earnings.
Hashrate Growth
Beyond operational improvements, MARA continued
expanding its infrastructure. The company’s energized hashrate grew by 1%
compared to February, and it remains on track to complete a 40-megawatt data
center in Ohio by the end of April.
This facility will further enhance MARA’s mining
capacity and strengthen its position as a dominant player in the industry. As
of March 31, MARA reportedly held a total of 47,531 BTC.
Expect ongoing updates as this strory evolves.
This article was written by Jared Kirui at www.financemagnates.com.
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