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Marathon Digital produced 1,187 Bitcoins in November

On December 5th, Marathon Digital, a Bitcoin mining company, announced its November Bitcoin production and mining operation updates. In November, they produced 1,187 BTC, and this year they have produced a total of 10,999 BTC. As of November 30th, their total unrestricted cash, cash equivalents, and Bitcoin amount to $802.3 million.<br>As of November 30th, Marathon holds a total of 14,025 BTC and has sold 700 BTC for operational purposes. They plan to sell some BTC for operational and financial purposes in the future.<br>

Marathon Digital mined 1,187 BTC in January and holds a total of 14,025 BTC

Marathon Digital Holdings, Inc. released unaudited information on Bitcoin production and miner installation updates for November 2023. 1,187 BTC were produced in November, and 10,999 BTC have been produced year-to-date.<br>As of November 30th, the company holds a total of 14,025 unrestricted BTC, and the total amount of unrestricted cash and Bitcoin is 802.3 million US dollars.

BTC breaks through $42,000

The market showed that BTC broke through $42,000 and is now trading at $42,010, with a daily increase of 0.47%. The market is volatile, so please be prepared for risk control.

Bitcoin computing power continues to surge, setting a new single-day record of 578 EH/s

Bitcoin's computing power is soaring, with recent data setting a new daily record. Glassnode data shows that on December 1st, the computing power reached a high of 578 EH/s, followed by a significant surge on November 3rd, reaching 558 EH/s. During this surge, the Bitcoin network is less than a week away from the next difficulty adjustment. (CryptoSlate)

Bitcoin hit its second-highest number of transactions in a single day on Sunday

According to Bitcoin.com, as Bitcoin broke through the $40,000 mark, miners verified a total of 707,876 transactions on December 3, 2023, second only to the historical high point of November 19, 2023 (710,579 transactions).

Bitcoin the ‘main beneficiary’ as crypto funds notch 10-week streak

Nearly $1.8 billion flowed into crypto investment products over the last 10 weeks, which hasn’t been seen since Bitcoin futures were launched in October 2021.
Bitcoin the ‘main beneficiary’ as crypto funds notch 10-week streak

7,000 Bitcoins transferred from unknown wallet to Coinbase

Whale Alert has detected a transfer of 7,000 bitcoins from an unknown wallet to Coinbase.

The BTC held by Tether currently has a surplus of US$1.1 billion

According to data analyst Yu Jin, Tether currently has a floating profit of $1.1 billion (+85%) from holding BTC. Tether currently holds a total of 57,576 BTC ($2.4 billion) with a comprehensive cost of $22,480, of which 53,492 BTC were reserved before March this year and 4,083 BTC were purchased with 15% of Tether's net profit since May this year.
The BTC held by Tether currently has a surplus of US$1.1 billion

Bitcoin Magazine and Crocs’ co-branded Crocs are now available for pre-sale

According to official announcement, Bitcoin Magazine and Crocs have launched a joint pre-sale for their holey shoes, priced at $89.99 each, with a limited pre-order of 2,100 pairs. Purchasing these shoes will also come with a free physical print edition of Bitcoin Magazine.

Number of addresses holding more than 0.01 BTC hits record high

Data shows that the number of Bitcoin addresses holding more than 0.01 BTC has reached a historical high of 12.54 million.