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Wall Street Bitcoin Miner MARA Posts 17% Production Jump Despite Trump Tariff-Driven Volatility
Despite the recent volatility in Bitcoin prices, the most recent caused by Trump’s tariff announcement, some of the top miners are weathering the storm, among them Mara Holdings.The NASDAQ-listed firm recorded a 17% month-over-month increase in blocks won. This growth came despite rising global mining difficulty and hashrate competition. More than 47,000 BTC Holdings The company’s BTC holdings surpassed 47,000, further cementing its influence in the market. With 242 blocks mined, MARA posted one of its highest monthly totals on record, signaling strong operational efficiency.“In March, our production saw a 17% month-over-month increase in blocks won, even as global hashrate and mining difficulty grew,” said Fred Thiel, MARA's chairman and CEO. “Our bitcoin holdings surpassed 47,000 BTC during March, and the 242 blocks mined were the third most in a month on record.”MARA Pool’s Performance Outshines Network AveragesA key driver behind MARA’s mining success is its self-operated mining pool, MARAPool. Unlike many competitors who rely on third-party operators, MARA manages its own infrastructure, eliminating external fees and increasing profitability. The company reported that MARAPool’s “luck factor” exceeded the network average by over 10% since launch, leading to more blocks won and higher earnings.Hashrate Growth Beyond operational improvements, MARA continued expanding its infrastructure. The company’s energized hashrate grew by 1% compared to February, and it remains on track to complete a 40-megawatt data center in Ohio by the end of April. This facility will further enhance MARA’s mining capacity and strengthen its position as a dominant player in the industry. As of March 31, MARA reportedly held a total of 47,531 BTC.Expect ongoing updates as this strory evolves. This article was written by Jared Kirui at www.financemagnates.com.
Despite the recent volatility in Bitcoin prices, the most recent caused by Trump’s tariff announcement, some of the top miners are weathering the storm, among them Mara Holdings.
The NASDAQ-listed firm recorded a 17% month-over-month increase in blocks won. This growth came despite rising global mining difficulty and hashrate competition.
More than 47,000 BTC Holdings
The company’s BTC holdings surpassed 47,000, further cementing its influence in the market. With 242 blocks mined, MARA posted one of its highest monthly totals on record, signaling strong operational efficiency.
“In March, our production saw a 17% month-over-month increase in blocks won, even as global hashrate and mining difficulty grew,” said Fred Thiel, MARA's chairman and CEO. “Our bitcoin holdings surpassed 47,000 BTC during March, and the 242 blocks mined were the third most in a month on record.”
MARA Pool’s Performance Outshines Network AveragesA key driver behind MARA’s mining success is its self-operated mining pool, MARAPool. Unlike many competitors who rely on third-party operators, MARA manages its own infrastructure, eliminating external fees and increasing profitability.
The company reported that MARAPool’s “luck factor” exceeded the network average by over 10% since launch, leading to more blocks won and higher earnings.
Hashrate Growth
Beyond operational improvements, MARA continued expanding its infrastructure. The company’s energized hashrate grew by 1% compared to February, and it remains on track to complete a 40-megawatt data center in Ohio by the end of April.
This facility will further enhance MARA’s mining capacity and strengthen its position as a dominant player in the industry. As of March 31, MARA reportedly held a total of 47,531 BTC.
Expect ongoing updates as this strory evolves. This article was written by Jared Kirui at www.financemagnates.com.
