Marathon Digital Moves Away from Coal-Powered Montana Facilities

Bitcoin mining isometric flat vector concept. Two miners are digging with picks to get bit coin.

Bitcoin (BTC) miner Marathon Digital Holdings plans to move towards carbon neutrality, shifting its Montana mining facility to use sustainable power sources.

Source: CoinTelegraph.

BTC USD down -1.39%

The company seeks to relocate its coal-powered Hardin, Montana facility to a location that utilizes sustainable non-carbon emitting energy sources.

The move is focused on helping the company to reach its target of full carbon neutrality by the end of the current year.

Fried Thiel, CEO of Marathon stated that the company is making an effort to ensure miners are sustainably powered, further noting it was the appropriate time to transition away from fossil fuel generation.

Marathon’s effort towards clean energy sources at its mining facilities reflects a major shift in the Bitcoin mining industry towards environmental awareness triggered by US lawmakers.


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