Bitcoin Miner MARA Sees 17% Increase in March Mining Performance: Report

MARA Holdings, a Bitcoin (BTC) mining company, reported impressive mining performance in March 2025. The company secured 242 blocks, a 17% increase from February. The company mined 829 BTC during the month, averaging 26.8 BTC per day, reflecting a 6% monthly rise.

With these figures, MARA captured approximately 5.8% of the network’s total rewards, up from 5.4% in February. Its Bitcoin reserves expanded to 47,531 BTC, valued at around $590 million at current market prices.

MARA Boosts Mining Efficiency

Alongside its expanding Bitcoin reserves, MARA continued to enhance its mining infrastructure, with its energized hashrate rising 1% to 54.3 EH/s. Additionally, MARAPool, MARA’s proprietary mining pool, has consistently outperformed the network average, maintaining a luck factor of more than 10% above since its launch.

Fred Thiel, MARA’s chairman and CEO, highlighted the efficiency gains brought by MARAPool. By managing its own mining pool, the company eliminates third-party fees, resulting in higher earnings and improved performance. Thiel noted that MARAPool is the only self-owned and operated mining pool among publicly traded miners, offering greater control and operational efficiency.

The company also cautioned that investing in MARA securities carries significant risks. It urged potential investors to review risk factors outlined in its annual and periodic reports filed with the U.S. Securities and Exchange Commission (SEC).

Expansion and Financial Strategy

Looking ahead, MARA expects to complete its 40-megawatt data center in Ohio by the end of April. This facility, designed to house over ten thousand S21 Pro immersion miners, will expand the company’s geographic footprint and contribute to its hashrate growth.

In a separate development, MARA Holdings introduced a new at-the-market offering program to raise up to $2 billion through stock sales. The move follows the termination of a prior $1.5 billion agreement, signaling a shift in its financial strategy.

Additionally, MARA has appointed PricewaterhouseCoopers LLP as its new independent auditor, replacing Marcum LLP. The transition was completed without any prior audit disagreements or negative opinions.

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