Marathon Digital Holdings is set to dramatically increase its Bitcoin mining operations by acquiring a 200MW facility in Texas from Applied Digital for $87.3 million. This acquisition not only expands Marathon's mining capacity to around 1.1 gigawatts but also allows for greater operational control and cost efficiency per mined coin. With the Bitcoin halving event on the horizon, this strategic move positions Marathon to enhance its global mining influence significantly, emphasizing its commitment to leading in the competitive mining sector.
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