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Hashrate target of 35-37 EH/s in 2024

Company: Marathon Digital

Subject kind
guidance
Statement date
2024-04-03
Promised by
2024-12-31
Current status
verified

What the later record shows

Delivered on time · happened December 31, 2024

Energized hashrate was 53.2 EH/s as of December 31, 2024, exceeding the 35-37 EH/s target for 2024.

“(1) Energized hashrate Miner efficiency (in joules per terahash) Total energy capacity (in GW) (3) (2) 2025 As of December 31, 2024 2023 66.4 18.6 1.9 53.2 19.2 1.7”
2026-03-02 · View 10-K PDF View cached copy (2026-09-01)Live source ↗Archive.org ↗

Checked November 8, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

Marathon believes it has a clear path to reach its growth target of 35 to 37 exahash in 2024.

Source (primary)

marathon-digital 8-K exhibit (ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-08)Live source ↗

Quote: “we believe we have a clear path to reach our growth targets of 35 to 37 exahash this year”

How we checked this

Checked on November 9, 2026. The cited source supports every part of this claim.

The CEO says Marathon believes it has a clear path to 35 to 37 exahash 'this year,' in a release dated April 2, 2024.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1507605/000149315224013186/ex99-1.htm) in full (4,699 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms marathon-digital 8-K exhibit (ex99-1.htm)

Quote: “we believe we have a clear path to reach our growth targets of 35 to 37 exahash this year”

View cached copy (2026-11-08)Live source ↗

confirms View 10-K PDF

Quote: “(1) Energized hashrate Miner efficiency (in joules per terahash) Total energy capacity (in GW) (3) (2) 2025 As of December 31, 2024 2023 66.4 18.6 1.9 53.2 19.2 1.7”

View cached copy (2026-09-01)Live source ↗Archive.org ↗

Record of changes

November 8, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 8, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.