Marathon Digital Sets New Post-Halving Benchmark with 950 BTC Mined in May

Marathon Digital Holdings (MARA) reported its strongest post-halving performance yet, producing 950 bitcoin in May — a 35% increase over April — as the company ramped up both efficiency and block wins.

The company also saw a record number of block rewards, successfully mining 282 blocks during the month, a 38% rise that underscores growing operational efficiency at scale.

“Our proprietary pool setup continues to outperform,” said CEO Fred Thiel. “Running our own pool not only lowers costs by cutting out third-party fees, but also boosts reward reliability. We’ve averaged 10% above expected luck since inception.”

Marathon’s energized hashrate climbed to 58.3 EH/s, boosting its share of global bitcoin rewards to 6.5%, up from 5.1% in April. Transaction fees accounted for 1.5% of total revenue — a marginal improvement tied to elevated on-chain activity.

As of May’s close, Marathon held 49,179 BTC, having sold none during the month.

The company’s stock climbed over 5% Tuesday as bitcoin hovered around $106,000.