FORT LAUDERDALE, Fla., May 02, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, today published unaudited bitcoin ("BTC") production and miner installation updates for April 2023. Management Commentary "In April, we increased our operational hash rate to 14.0 exahashes, achieving 61% of our 23 exahashes goal, and we increased our installed hash rate to 17.9 exahashes, reaching 78% of the same goal," said Fred Thiel Marathon's chairman and CEO. "We produced 702 bitcoin in April, which is a 134% increase year-over-year, but a decrease from the prior month due to upward adjustments in the network's difficulty rate and to a lesser extent, curtailment activity, April having one less day than March, and the impact of the 'luck factor' ( see reference ).