{"id":536302,"date":"2023-01-06T20:00:00","date_gmt":"2023-01-06T17:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/marathon-digital-experiments-with-overclocking-to-increase-competitive-advantage\/"},"modified":"2023-01-06T20:00:00","modified_gmt":"2023-01-06T17:00:00","slug":"marathon-digital-experiments-with-overclocking-to-increase-competitive-advantage","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/marathon-digital-experiments-with-overclocking-to-increase-competitive-advantage\/","title":{"rendered":"# Marathon Digital experiments with overclocking to increase competitive advantage"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2abda3b37ad\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2abda3b37ad\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/marathon-digital-experiments-with-overclocking-to-increase-competitive-advantage\/#%E2%80%9D_Marathon_Digital_experiments_with_overclocking_to_increase_competitive_advantage_%E2%80%9C\" >&#8221; Marathon Digital experiments with overclocking to increase competitive advantage  &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Marathon_Digital_experiments_with_overclocking_to_increase_competitive_advantage_%E2%80%9C\"><\/span>&#8221; Marathon Digital experiments with overclocking to increase competitive advantage  &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDEvMTg4NTc5NjItMWUyYS00YzE1LWIyNDItZjJmNmY1NWE1ZjE5LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-6ed77c39>One of the largest Bitcoin mining operations in North America, Marathon Digital Holdings, has shared in an update that it has been experimenting with overclocking to increase its competitive advantage in the Bitcoin mining industry.<\/p>\n<p>Overclocking is the practice of increasing the clock speed of a computer\u2019s central processing unit (CPU) or graphics processing unit (GPU) beyond the manufacturer\u2019s rated maximum speed, potentially leading to improved performance in certain tasks.\u00a0<\/p>\n<p>According to the<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ir.marathondh.com\/news-events\/press-releases\/detail\/1299\/marathon-digital-holdings-announces-bitcoin-production-and\"> company&#8217;s press release<\/a>, it produced 475 BTC in December 2022, bringing its total mined Bitcoins in the fiscal year of 2022 to 4,144 BTC, a 30% increase from 3,197 BTC which was produced in 2021.\u00a0<\/p>\n<p>Marathon\u2019s Chairman and CEO, Fred Thiel commented on the company\u2019s decision to experiment with overclocking, saying: \u201cThese efforts position us to develop our competitive advantages further and become a more efficient and resilient business as we continue to grow.\u201d He added:<\/p>\n<blockquote><p>\u00a0\u201cWe also took proactive measures to strengthen our liquidity position and enhance the performance of our mining fleet.\u201d<\/p><\/blockquote>\n<p>Currently, the company has <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roximately 69,000 active miners, capable of producing approximately 7.0 exahashes per second, according to its update.\u00a0<\/p>\n<p><strong><em>Related: Silvergate faces class-action lawsuit over FTX and Alameda dealings<\/em><\/strong><\/p>\n<p>Marathon Digital\u2019s success in the Bitcoin space can be attributed to its partnership with Silvergate Bank, a financial services company that provides banking and liquidity solutions to the digital currency industry.\u00a0<\/p>\n<p>On Jan 5, Cointelegraph reported that Silvergate Bank had sold assets at loss and cut staff to cover $8.1B in withdrawals, due to a bank run triggered by the sudden collapse of FTX. The bank run on Silvergate has caused the company to sell off its assets at a loss, and cut staff by 40% to cover $8.1 billion worth of customer withdrawals.<\/p>\n<p>On Dec. 16, a class-action lawsuit was filed against Silvergate, in an attempt to hold it accountable for its alleged role in the loss of FTX customer funds. The lawsuit alleged that the bank is liable for its involvement in &#8220;furthering FTX&#8217;s investment fraud.&#8221;<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/marathon-digital-experiments-with-overclocking-to-increase-competitive-advantage\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Marathon Digital experiments with overclocking to increase competitive advantage &#8220; One of the largest Bitcoin mining operations in North America, Marathon Digital Holdings, has shared in an update that it has been experimenting with overclocking to increase its competitive advantage in the Bitcoin mining industry. Overclocking is the practice of increasing the clock speed&#8230;<\/p>\n","protected":false},"author":1,"featured_media":536303,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2023-01\/18857962-1e2a-4c15-b242-f2f6f55a5f19.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74888,74989,74894,74863,93542,117,4965],"class_list":["post-536302","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-banking","tag-bitcoin-mining","tag-blockchain","tag-cryptocurrencies","tag-web3","tag-business","tag-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/536302","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=536302"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/536302\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/536303"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=536302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=536302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=536302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}