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The Coin Rise 2025-07-01 22:00:59

MARA Holdings Sees Low BTC Mining Production In June: Report

MARA Holdings, a leading Bitcoin mining company, has shared its operational update for June 2025. The company reported a noticeable drop in Bitcoin production for the month, reflecting some of the ongoing challenges in the mining space. Despite the dip, MARA remains focused on its long-term strategy. It plans to keep expanding its mining capacity and energy infrastructure as part of its broader goal to lead in the fast-growing Bitcoin mining industry. Bitcoin Mining Drops 25% in June In June, MARA mined 713 Bitcoin, down 25% from May. The company stated that this was due to short-term operational issues. The crypto miner reported that adverse weather conditions affected operations, resulting in reduced uptime. Additionally, the company had to temporarily use older machines at its Garden City site while storm damage was being repaired. This further affected its monthly output expectation. Beyond these external factors, the company also experienced natural fluctuations in block rewards. Meanwhile, block reward reduction is a common phenomenon in Bitcoin mining, and it is known to impact mining production. MARA Eyes Growth as Hash Rate and Reward Slip In June, MARA’s energized hash rate dropped slightly to 57.4 EH/s, down from 58.3 EH/s in May. The company’s share of total mining rewards also fell from 6.5% to 5.4%. These shifts highlight how challenging it can be to remain efficient as the Bitcoin network becomes increasingly competitive . Still, MARA is aiming high, with plans to reach a hash rate of 75 EH/s by the end of 2025. That would be over 40% more than last year, made possible by new mining machines the company has already ordered. MARA’s mining efforts are powered by 1.1 gigawatts (GW) of active energy, drawn from a total capacity of 1.7 GW. This robust energy supply is crucial to supporting the company’s ambitious expansion plans. MARA Continues HODLing Strategy Despite Lower Output Even with a drop in production, MARA remains confident in its long-term Bitcoin plans and continues to add to its BTC holdings . By the end of June, the company held 49,940 BTC. Importantly, MARA did not sell any of its digital assets during the month. The Bitcoin miner remains committed to its “hodl” approach as seen in past strategies. However, it is important to note that the total Bitcoin stash is not fully available to the company. Approximately 15,534 BTC, or about 31% of the total holdings, is currently loaned out, used as collateral, or held in managed accounts. This setup is part of MARA’s broader plan to manage risk while striking a balance between liquidity and long-term growth. The post MARA Holdings Sees Low BTC Mining Production In June: Report appeared first on TheCoinrise.com .

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