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Hashrate target of 50 EH/s in 2025

Company: Marathon Digital

Subject kind
guidance
Statement date
2024-04-03
Promised by
2025-12-31
Current status
verified

What the later record shows

Delivered on time · happened December 31, 2024

Energized hashrate was already 53.2 EH/s at December 31, 2024 and reached 66.4 EH/s at December 31, 2025, exceeding the 50 EH/s target for 2025.

“(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 50 exahash in 2025.

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: “and 50 exahash next year”

How we checked this

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

In the same sentence, the CEO says Marathon believes it has a clear path to 50 exahash 'next year,' which is 2025 given the April 2024 release date.

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: “and 50 exahash next 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.