Crypto mining firm Marathon Digital Holdings produced 702 BTC (currently worth $20 million). That amount, measured in Bitcoin, represents a 134% year-over-year increase but a decrease from March, when Marathon mined a record 825 BTC.

The company added that it began to power 10,600 Bitcoin mining devices at Applied Digital’s locations in North Dakota for the first time. This addition increased the company’s total collection of mining devices to 122,900 devices.

Marathon also said that it increased its operational hashrate by 22% to 14 exahashes per second (EH/s) and increased its installed hash rate by 16% to 17.9 EH/s in April. The company said that it aims to reach 23 EH/s by mid-2023.

Marathon then disclosed its financial standing and reported unrestricted Bitcoin holdings of 11,568 BTC ($319.2 Million). 

The company reported $123.5 million in unrestricted cash and cash equivalents.