Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.
Marathon, a North American bitcoin mining firm, has announced that it produced a total of 1,176 bitcoins in July. The company also revealed that it currently holds 12,964 BTC. However, Marathon also sold 750 bitcoins last month. Meanwhile, Riot, another listed Bitcoin mining company, produced just 410 bitcoins in July. This was due to the high temperature in Texas, which resulted in a 90% reduction in electricity consumption. The company decided to provide energy to ERCOT instead.
