Total hashrate of approximately 240 PH/s when fully deployed
Company: Marathon Digital
The claim, verbatim
Company will achieve total Hashrate of approximately 240 PH/s when fully deployed
Source (primary)
Marathon Digital S-3 filed 2020-08-06 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “bringing the Company's total Hashrate to approximately 240 PH/s when fully deployed.”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The S-3 says the June 11, 2020 purchase would bring the company's total hashrate to approximately 240 PH/s when fully deployed. This is the company's projection, not a measured result.
Confirmed in the source:
- Marathon Patent Group stated that its total hashrate would be approximately 240 PH/s once its miners were fully deployed
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315220014870/forms-3.htm) in full (250,290 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital S-3 filed 2020-08-06
Quote: “bringing the Company's total Hashrate to approximately 240 PH/s when fully deployed.”