In a bitcoin manufacturing and mining operation replace printed yesterday, Marathon Digital Holdings introduced that it produced a company-record 1,853 bitcoins ($81.2 million at present costs) final month.

The agency mined 12,852 bitcoins ($563.4 million) final yr, greater than tripling its mining output from 4,144 BTC in 2022. Marathon additionally elevated its common operational hash fee by 18% month-over-month to 22.4 EH/s.

“In December, we elevated our energized hash fee 4% to 24.7 exahashes and prolonged our lead as the biggest publicly traded bitcoin miner in North America,” Marathon’s chairman and CEO, Fred Thiel, stated in a press launch. “We proceed to focus on 30% progress in energized hash fee in 2024 and with the lately introduced acquisition of the 2 websites from Generate Capital, which is predicted to shut in January 2024, we anticipate to achieve 50 exahashes within the subsequent 18 to 24 months.”

Marathon attributes its manufacturing progress on to greater transaction charges on the Bitcoin community. “MaraPool collected greater than 380 BTC in transaction charges or 22% of BTC manufacturing, up from 12% of manufacturing final month,” the corporate famous.

Marathon holds over 15,000 bitcoins as of Dec. 31, 2023.