75% of Marathon's total mining fleet was crippled because of the extreme weather conditions in Montana.
Marathon’s Crypto Mining Capacity Crippled Due to a Massive Storm75% of Marathon’s total mining fleet was crippled because of the extreme weather conditions in Montana.
Marathon Digital Holdings – one of the leading cryptocurrency mining companies – said that 75% of its operations are currently without power because of a devastating storm that passed recently through the state of Montana. Miners from that region are expected to restore some of their activity during the first week of July.The weather conditions in the northwest state of Montana have been quite severe in the past few weeks, leading to electricity outages and blocked infrastructure.
“On Saturday, June 11, a severe storm passed through the town of Hardin, damaging several structures, including the power generating facility that supplies Marathon’s bitcoin mining operations with power.” It is worth noting that the 30,000 miners account for 75% of Marathon’s total active fleet. The damages are expected to be partially solved at the beginning of July. Even when that’s done, the firm’s productivity will stay significantly reduced until the problem is solved completely.its intentions to move some of its miners from the Montana facilities to other regions in the United States. Considering the current adverse conditions, it might speed up its plans.
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