MARA Holdings’ $950 million infrastructure gamble is crushing the competition with record-breaking results. The company mined 950 BTC in May 2025, a 35% jump from April, while doubling their Ohio facility to 100 MW and adding over 12,000 miners. Their self-owned mining pool keeps 100% of block rewards—something other public miners can’t touch. The vertically integrated approach spans gas-to-power operations across North Dakota and Texas, creating the lowest cost per BTC mined while competitors scramble with fragmented setups.
While most companies talk about growth, MARA Holdings actually delivers it. The bitcoin mining giant just dropped a record-breaking 950 BTC production in May 2025, marking a jaw-dropping 35% jump from April. That’s not chance. That’s execution.
MARA’s $950 million infrastructure bet is paying off in ways that should make competitors nervous. The company completed a massive 50 MW expansion at its Ohio data center, doubling operational capacity to 100 MW. They crammed over 12,000 Bitmain S21 Pro miners into the facility during expansion. The site can scale to 200 MW when needed. Translation? They’re merely getting started.
MARA’s massive Ohio expansion doubled capacity to 100 MW with 12,000 new miners—and they’re just warming up.
Here’s where it gets interesting. MARA operates the only self-owned mining pool among public miners. While everyone else pays fees to third-party pools, MARA keeps 100% of block reward value. Their pool has outperformed network average block reward luck by over 10%. That’s not merely efficiency, that’s smart business. With block rewards halving affecting industry profits, MARA’s self-owned pool structure provides crucial competitive advantages.
The numbers tell the real story. MARA won 282 blocks in May, a 38% increase from April. Their total bitcoin holdings hit 49,179 BTC by month’s end. This happened despite rising global mining difficulty and increased hash rate competition. When the mining gets tougher, MARA gets stronger.
Most miners rely on external energy suppliers and infrastructure. Not MARA. Their vertically integrated approach means they control everything from power management to mining operations. They’re monetizing excess energy while building operational resilience. The company’s gas-to-power operations in North Dakota and Texas provide the lowest cost per BTC mined across their entire portfolio. Smart move in a volatile industry.
The April 2025 reality check was brutal. Blocks won dropped 15% due to an 8% mining difficulty increase and global hash rate growth. Lesser companies would have panicked. MARA’s energized hash rate still grew 5.5% month-over-month through infrastructure expansion.
MARA’s strategy isn’t merely about mining bitcoin. They’re building a digital energy and infrastructure company that happens to mine cryptocurrency exceptionally well. The vertical integration protects against energy market fluctuations and mining network variability. While competitors scramble with fragmented operations, MARA controls their destiny. The company’s commitment to sustainable development includes converting underutilized energy into economic value for long-term growth.
The May production record proves one thing: when you invest big in the right infrastructure, the results speak for themselves.
