Marathon

Bitcoin Miner Marathon to Start Energizing Texas Rigs At Compute North Facility

Compute North has now energized 40 megawatts (MW) of a 280 MW wind powered facility in Upton County in West Texas, according to a Monday press release sent to CoinDesk. Marathon will be the exclusive client of this site, which is Compute North’s fifth TIER 0™ site, said the statement. The rest of the 280 …

Bitcoin Miner Marathon to Start Energizing Texas Rigs At Compute North Facility Read More »

Marathon Doubles Loan Borrowing Capacity to $200M as Mining Rigs Sit Idle

The firm has 29,640 bitcoin mining rigs waiting energization in in West Texas, it said in the update. This is largely because hosting firm Compute North’s energy provider is waiting for federal regulators to approve its tax-exempt status, Marathon said. Compute North hosted about 20,000 of Marathon’s machines as of the end of June and …

Marathon Doubles Loan Borrowing Capacity to $200M as Mining Rigs Sit Idle Read More »