Cryptocurrency News: Marathon Digital Holdings (MARA) Outshines Riot Blockchain and CleanSpark by Mining 705 Bitcoins in August

Mining giant MARA boosted its Bitcoin reserves past 52,000 units, thriving amidst the challenging mining landscapes of August, outpacing competitors such as Riot and CleanSpark.

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2025 September 15 . 4:32 PM

1 min read

Cryptocurrency Update: Marathon Digital Holdings (MARA) Outperforms Riot Blockchain and CleanSpark... — Cryptocurrency Update: Marathon Digital Holdings (MARA) Outperforms Riot Blockchain and CleanSpark as Mining Operations Yield 705 Bitcoins in August

Cryptocurrency News: Marathon Digital Holdings (MARA) Outshines Riot Blockchain and CleanSpark by Mining 705 Bitcoins in August

In the dynamic world of Bitcoin mining, Marathon Digital Holdings (MARA) has found itself in a more competitive landscape, with global competition rising by 6% over the past month. This heightened competition is reflected in the network difficulty, which jumped from 118 trillion to nearly 130 trillion in August.

Despite the challenges, MARA's stock showed a slight positive trend before the Friday session, rising 1.6% in pre-market hours. However, the company's stock price took a hit after an update, falling by nearly 5% and closing Thursday's trading session at $15.11.

MARA's CEO, Fred Thiel, attributes the slow growth in the company's Bitcoin production to the increased global competition. Despite this, MARA led several Bitcoin miners in output and overall growth in August, producing 705 BTC during the month.

However, other mining companies such as Riot Platforms, BitFuFu, and CleanSpark mined fewer Bitcoins than MARA in August. Riot Platforms produced 477 BTC, BitFuFu mined 408 BTC, and CleanSpark mined 657 BTC, all falling short of MARA's output.

MARA's strategic bid during the August pullback has resulted in the company holding over 52,000 BTC. This substantial holding has seen MARA's overall BTC holdings surge to 52,447 BTC.

Amidst this competition, MARA has faced scrutiny over alleged Bitcoin mining pollution, which could have impacted the company's stock's performance.

In a broader context, Bitcoin itself has seen a 4% increase so far this quarter, trading at $112k at the time of writing. Despite MARA's challenges, the cryptocurrency market continues to show growth, with Marathon Digital Holdings remaining a significant player in the Bitcoin mining space.