Bitcoin Miner MARA Holdings Posts Record Block Wins, Produces 950 BTC in May

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Brace Yourself: MARA Holdings Just Broke Records in the Most Spectacular Way Possible!

  • MARA Holdings mined 950 bitcoin in May, a 35% jump over April, winning a record 282 blocks.
  • The company credited its self-operated MARA Pool and block reward luck for the outperformance.
  • Total BTC holdings reached 49,179, with MARA opting not to sell any bitcoin during the month.

In a stunning act of digital alchemy, Bitcoin miner MARA Holdings (MARA) unearthed a magnificent 950 BTC in May, marking a 35% surge compared to April’s mere whispers of success. Yes, you read that correctly—950 bitcoins! A feat so rare, even the digital realm paused to take a breath. But wait, there’s more! This glorious performance came right after the Bitcoin halving in April 2024, a time when mere mortals are still recovering from the digital dust settling.

Let’s not forget the real star of this spectacle: a brand-new internal record of 282 blocks won. No, that’s not a typo. It’s a 38% improvement from April. MARA is clearly on fire. 🔥

But what’s the secret behind this bitcoin magic trick? CEO Fred Thiel spilled the beans: the company’s vertically integrated tech stack and its beloved, self-operated MARA Pool. “Why share the spoils with third parties?” Thiel mused. “With our own pool, we keep all the block rewards—no pesky fees to anyone else.” And let’s just say, the pool’s block reward luck has been outperforming the Bitcoin network average by over 10% since it first dipped its toes in the waters. 🏊‍♂️

The company’s hashrate—a little thing you might call its power—rose ever so slightly to 58.3 EH/s in May, and its share of available miner rewards climbed to 6.5%, up from 5.1% the previous month. It’s safe to say, MARA is not just getting better; it’s getting *really* good at this. Oh, and transaction fees? They made up a sweet 1.5% of the rewards—slightly higher than April, but who’s counting?

By May 31, MARA was sitting pretty with 49,179 BTC in its vault. And guess what? They didn’t sell a single satoshi. Nope, they’re keeping all those bitcoins tucked away for a rainy day—or maybe a sunny one if they’re feeling adventurous. 😎

As if that wasn’t enough to make stockholders smile, shares climbed 5.5% in Tuesday’s trading session, alongside a modest increase in the price of Bitcoin, which, in case you’re living under a rock, is now just over $106,000. 🌞

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2025-06-03 20:07