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Efficient. Scalable. Sustainable.

Bitcoin is decentralized, and so are we. We use various strategies and business models, including outsourcing to third-party hosting providers or hosting our own operations, to maintain a diversified portfolio of Bitcoin mining sites in multiple states and countries. At Marathon, we are building one of the largest, most energy efficient, and most technologically advanced Bitcoin mining companies in the world.  

Our Fleet Across the World

World Map of Operations
AS OF --
2023
line-graph

Average Hash Rate

-- EH/s

Energized Hash Rate

-- EH/s

Installed Hash Rate

-- EH/s

Power

Grid
Wind
Nuclear
Hydro

Cooling

Air
Immersion
Total Operational Miners
--
Fleet Efficiency
-- J/TH
Total Megawatts
-- MW
Total Sites
--
% of Bitcoin Network
-- %

The operational data presented herein should be considered as approximations exclusively intended for demonstrative purposes.

McCamey, TX
Powered Type
Wind
Grid
Cooling Method
Air
Immersion
Operational Miners
--
Average Hashrate
--EH/s
Operational Hashrate
--EH/s
Installed Hashrate
--EH/s
Ellendale, ND In Development
Powered Type
Wind
Grid
Cooling Method
Air
Immersion
Operational Miners
--
Average Hashrate
-- EH/s
Operational Hashrate
-- EH/s
Installed Hashrate
--EH/s
Jamestown, ND In Development
Powered Type
Wind
Grid
Cooling Method
Air
Immersion
Operational Miners
--
Average Hashrate
-- EH/s
Operational Hashrate
-- EH/s
Installed Hashrate
-- EH/s
Garden City, TXIn Development
Powered Type
Wind
Grid
Cooling Method
Air
Immersion
Operational Miners
--
Average Hashrate
--EH/s
Operational Hashrate
--EH/s
Installed Hashrate
--EH/s
Abu Dhabi, UAE*In Development

*Data only represents Marathon’s share of the joint venture and not the total scope of operations

Powered Type
Wind
Grid
Cooling Method
Air
Immersion
Operational Miners
--
Average Hashrate
--EH/s
Operational Hashrate
-- EH/s
Installed Hashrate
--EH/s
Granbury, TXIn Development
Powered Type
Wind
Grid
Cooling Method
Air
Immersion
Operational Miners
--
Average Hashrate
--EH/s
Operational Hashrate
-- EH/s
Installed Hashrate
-- EH/s
Hernandarias, Paraguay*In Development

*Data only represents Marathon’s share of the joint venture and not the total scope of operations

Powered Type
Wind
Grid
Cooling Method
Air
Immersion
Operational Miners
--
Average Hashrate
--EH/s
Operational Hashrate
-- EH/s
Installed Hashrate
--EH/s
Others*
Powered Type
Wind
Grid
Cooling Method
Air
Immersion
Operational Miners
--
Average Hashrate
--EH/s
Operational Hashrate
--EH/s
Installed Hashrate
--EH/s
Hash Rate
McCamey, TX
Powered Type
Wind
Grid
Cooling Method
Air
Immersion
Operational Miners
--
Average
-- EH/s
Energized
-- EH/s
Installed
-- EH/s
Hash Rate
Ellendale, ND
Powered Type
Wind
Grid
Cooling Method
Air
Immersion
Operational Miners
--
Average
-- EH/s
Energized
-- EH/s
Installed
-- EH/s
Hash Rate
Jamestown, ND In Development
Powered Type
Grid
Grid
Cooling Method
Air
Immersion
Operational Miners
--
Average
--EH/s
Energized
-- EH/s
Installed
-- EH/s
Garden City, TXIn Development
Hash Rate
Powered Type
Wind
Grid
Cooling Method
Air
Immersion
Operational Miners
--
Average
-- EH/s
Energized
-- EH/s
Installed
-- EH/s
Abu Dhabi, UAE*In Development

*Data only represents Marathon’s share of the joint venture
and not the total scope of operations

Hash Rate
Powered Type
Grid
Grid
Cooling Method
Immersion
Immersion
Operational Miners
--
Average
-- EH/s
Energized
-- EH/s
Installed
-- EH/s
Granbury, TX
Hash Rate
Powered Type
Wind
Grid
Cooling Method
Air
Immersion
Operational Miners
--
Average
-- EH/s
Energized
-- EH/s
Installed
-- EH/s
Hernandarias, Paraguay*In Development

*Data only represents Marathon’s share of the joint venture
and not the total scope of operations

Hash Rate
Powered Type
Grid
Grid
Cooling Method
Immersion
Immersion
Operational Miners
--
Average
-- EH/s
Energized
-- EH/s
Installed
-- EH/s
Others
Hash Rate
Powered Type
Grid
Grid
Cooling Method
Air
Immersion
Operational Miners
--
Average
-- EH/s
Energized
-- EH/s
Installed
-- EH/s

Diversified Portfolio Approach to Bitcoin Mining

Each Bitcoin mining deployment comes with its own set of constraints, and each requires a curated approach. We adapt accordingly. Over time, we have used different strategies and structures to build a portfolio of Bitcoin mining operations that is designed to diversify risk across our organization.

Third-Party Hosting

Historically, Marathon has outsourced most its hosting requirements to third parties who are responsible for operating and maintaining our Bitcoin miners. This strategy allows us to move quickly to scale our operations and gives us the flexibility to focus on investing in the newest Bitcoin mining technologies, including hardware and immersion cooling infrastructure.  

Self Hosting

Marathon’s original facilities were self-funded and self-hosted. Today, we are leveraging our expertise in building and operating our own sites to grow our hash rate in new geographies and with like-minded organizations looking to enhance the resilience of the Bitcoin network. By jointly working alongside regional experts to design new facilities from the ground up, we can maintain greater influence over projects that require a more hands on approach.