2024 hash rate target
Company: Marathon Digital
What the later record shows
Delivered on time · happened September 30, 2024
The Q3 2024 10-Q reports installed and energized hash rate of 36.9 EH/s at the end of the period (September 30, 2024). That is within the 35–37 EH/s target and before year-end 2024.
“Installed Hash Rate (Exahashes per second) - at end of period (3) 36.9 23.1 13.8 Energized Hash Rate (Exahashes per second) - at end of period (3) 36.9”
2024-11-11 · Marathon Digital 10-Q filed 2024-11-12 View cached copy (2026-08-31)Live source ↗
Checked November 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Marathon plans to grow its hash rate to approximately 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 (2026-11-09)Live source ↗
Quote: “In 2024, we plan to grow our hash rate to approximately 35 to 37 exahash.”
How we checked this
Checked on November 10, 2026. The cited source supports every part of this claim.
CEO Fred Thiel's commentary in the February 28, 2024 earnings release states this 2024 hash rate plan directly.
Confirmed in the source:
- Marathon plans to grow its hash rate to approximately 35 to 37 exahash in 2024
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1507605/000149315224008232/ex99-1.htm) in full (20,539 characters, retrieved November 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms marathon-digital 8-K exhibit (ex99-1.htm)
Quote: “In 2024, we plan to grow our hash rate to approximately 35 to 37 exahash.”
confirms Marathon Digital 10-Q filed 2024-11-12
Quote: “Installed Hash Rate (Exahashes per second) - at end of period (3) 36.9 23.1 13.8 Energized Hash Rate (Exahashes per second) - at end of period (3) 36.9”