Bitcoin Miner Mara Holdings (Mara) made 950 BTC in May, an increase of 35% from last month and the strongest output since Bitcoin split in April 2024, the company Says Tuesday.
The firm also set a new internal monthly record for winning blocks, covering 282, a 38% jump from April.
CEO Fred Thiel is in connection with the vertical acquisitions of the company’s tech stack and its own Mara Pool pool. “Running our own pool means we keep all the block rewards without paying fees at third parties,” said Thiel, adding that the luck of the Mara Pool’s block reward has released the average bitcoin network more than 10% since it launched.
The company’s energized hashrate rose slightly to 58.3 eh/s in May, while part of its available miner rewards rose 6.5%, from 5.1% last month. Transaction fees consist of 1.5% of total rewards, slightly higher than in April.
Mara held 49,179 BTC on May 31 and did not sell any Bitcoin to the moon, keeping all of its balances.
Shares are 5.5% higher on Tuesday’s trade alongside a moderate increase in bitcoin prices to just over $ 106,000.
