jain.com

MARA mining equipment write-off under restructuring

Company: Marathon Digital

Subject kind
facility capacity
Statement date
2026-11-09
Promised amount
12000000.0 USD
Current status
stated

The claim, verbatim

MARA wrote off $12 million involving mining rigs and equipment under restructuring plans.

Source (primary)

HIVE, MARA mine more Bitcoin but earn less as crypto prices fall - Cryptonews.net (-, news_article)
View cached copy (2026-11-10)Live source ↗Archive.org ↗

Quote: “MARA separately wrote off $12 million involving mining rigs and equipment under restructuring plans”

How we checked this

Checked on November 11, 2026. The cited source supports every part of this claim.

The article states the amount, the assets involved and the restructuring context of MARA's write-off.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://cryptonews.net/news/mining/33727867/) in full (5,771 characters, retrieved November 10, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms HIVE, MARA mine more Bitcoin but earn less as crypto prices fall - Cryptonews.net

Quote: “MARA separately wrote off $12 million involving mining rigs and equipment under restructuring plans”

View cached copy (2026-11-10)Live source ↗Archive.org ↗