TechFlow, July 1 — According to Businessinsider, BTC mining firm MARA Holdings (Nasdaq: MARA) released its Bitcoin production report for June. In June, MARA mined a total of 211 blocks, producing 713 bitcoins, a 25% decrease compared to May. As of the end of June, MARA held 49,940 bitcoins and did not sell any bitcoins during the month.
Fred Thiel, Chairman and CEO of MARA, stated that the decline in production was primarily due to weather-related power restrictions, the temporary deployment of older equipment in Garden City, and natural fluctuations in block luck.
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