logo
welcome
CoinGape

CoinGape

MARA reports 17% increase in Bitcoin ( BTC) production for July

CoinGape
Summary
Nutrition label

64% Informative

Bitcoin miner MARA has reported a significant 17% increase in Bitcoin (BTC) production for the month of July .

The Bitcoin mining company produced 692 BTC in July , up from 591 BTC in June .

MARA's average operational hash rate grew by 5% to 27.5 exahashes per second (EH/s) The company also reported holding a total of 20,818 unrestricted BTC as of July 31, 2024 .

After the announcement, the MARA stock gained 3% and traded at $ 17.46 on Tuesday , August 6, 2024 ..

VR Score

53

Informative language

51

Neutral language

25

Article tone

formal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links