June 5, 2025
Bitcoin Miner Mara Holdings Posts Record Block Wins, Produces 950 BTC in May thumbnail
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Bitcoin Miner Mara Holdings Posts Record Block Wins, Produces 950 BTC in May

The Company’s Bitcoin Output Rose 35% MONTH-Over-Month, Hitting ITS Highest Level Since the 2024 Halning.”, – WRITE: www.coindesk.com

Bitcoin Miner Mara Holdings Posts Record Block Wins, Produces 950 BTC in MayThe Company’s Bitcoin Output Rose 35% MONTH-Over-Month, Hitting ITS Highest Level Since the 2024 Halning.Updated Jun 3, 2025, 5:41 pm PUBLISHED JUN 3, 2025, 4:44 PM

Bitcoin Miner Mara Holdings (Mara) Produced 950 BTC in May, A 35% Increase from the Previous MONTH AND ITS STRONGEST OUTPUT SINCE The Bitcoin Halning in April 2024, The Company.

The FIRM ALSO SET A NEW INTERNAL MONTHLY RECORD FOR BLOKS Won, Totaling 282, A 38% Jump from April.

CEO FRED Thiel Attributed the Gains to the Company’s Vertical Integrated Tech Stack and Its Self-Rev. “OPERATING OUR OWN POW MEANS We KEEP ALL BLOCK Rewards Without Paying Fees to Third Parties,” Thiel Said, Adding that Mara Pool’s Block Reward Luckskk Has O and%. Launch.

The Company’s Energized Hashrate Ticked Up Slightly to 58.3 EH/S IN MAY, WHILE ITS Share of Avalable Miner Rewards Rose to 6.5%, Up from 5.1% The Prior MONT. TRANSACTION FEES MADE UP 1.5% OF THE TOTAL REWARDS, SLIGHTLY HIGHER THAN April.

Mara Held 49.179 BTC As of May 31 and Didn’t Sell Any Bitcoin During the MONTH, KEEPING All Holdings on Its Balance Sheet.

Shares Are Higher by 5.5% in Tuesday Trade Alongside A Modest Rise in The Price of Bitcoin to Just Over $ 106,000.

Disclaimer: Parts of this Article Were Generated with the Assistance from Ai Tools and Review by Our Editorial Team to Enseure Accucy and Adherence to Our Standards. For more information, See Coindesk’s Full Ai Policy.

Tom Carreras

Tom Writs About Markets, Bitcoin Mining and Crypto Adoption in Latin America. He have a bachelor’s Degree in English Literature from McGill University, and CAN USUALLY BE FOR COSTA Rica. He Holds Btc Above Coindesk’s Discalosure Threshold of $ 1,000.

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