One of the leading crypto mining firms – Marathon Digital – mined a record 2,195 BTC during the year’s first quarter and increased its holdings to 11,466 bitcoin (equivalent to over $321 million at current prices).

Fred Thiel – Chairman and CEO of the organization – said Q1 was the most successful one, with a record 2,195 BTC produced. In comparison, Marathon mined 1,259 BTC in Q1 last year and 1,562 BTC during the last quarter of 2022.