MARA’s Output Drops 12%: Blocks Down from 249 to 218

In its January 2025 update, Marathon Digital (MARA) reported a decrease in mined Bitcoin blocks, declining from 249 in December to 218. This represents a 12% month-over-month drop. Simultaneously, the company noted daily coin production shrinking from 27.9 BTC to 24.2 BTC.

MARA officials attribute key influences to market uncertainty following new US tariffs and heightened network competition. Compared to November 2024, the company’s total hashrate reportedly grew, but by late January, revenue faced a notable adjustment due to price volatility. Even so, Marathon continues scaling efforts and has not signaled halting equipment purchases.

Additionally, management underscores that overall focus lies in redistributing computing capacity across multiple sites. Investors anticipate potential recovery by mid-2025, assuming global trade tensions ease. The firm has outlined partnership plans aimed at lowering operational costs.