Stay Up to Date with the Latest News & Insights from MARA

In a conversation with Fred Thiel, the chairman and CEO of Marathon Digital Holdings, Thiel highlights the increasing interest in Bitcoin, ranging from retail investors to institutions and the possibility of sovereign nations considering Bitcoin as a reserve asset. Concerns were raised about BlackRock's involvement in the Bitcoin space, including its investments in miners and the potential centralization of Bitcoin custody through a spot Bitcoin ETF. Thiel argued that the limited liquid supply and potential lost coins make it unlikely for BlackRock to accumulate a significant portion of Bitcoin. Additionally, the conversation delves into the evolving role of Bitcoin, emphasizing its use as a store of value rather than a medium of exchange, with interest from governments in holding Bitcoin reserves. The discussion touches on the potential for Bitcoin mining to benefit countries with abundant energy sources, leading to global expansion and adoption.

This interview with Fred Thiel discusses the recent Bitcoin price rally, driven by speculation about the approval of a spot Bitcoin ETF by the SEC. It explores the potential impact of ETF approval on Bitcoin miners and delves into macroeconomic factors that could influence Bitcoin's role as a safe haven asset and its price in the near future. The conversation also touches on the broader implications of institutional involvement in the Bitcoin market.

Join us in this insightful interview where we delve into Marathon Digital Holdings's groundbreaking project in Utah. Learn how we are revolutionizing Bitcoin mining by harnessing methane gas from landfill waste, a move that not only boosts efficiency but also addresses critical environmental concerns. Discover how this innovative approach can significantly reduce electricity costs, ensuring uninterrupted mining operations. This conversation also explores Marathon's future plans for expansion and our commitment to sustainable energy sources. Tune in for an engaging discussion on the intersection of technology, environmental stewardship, and the evolving world of Bitcoin mining.

Celebrating a groundbreaking joint venture! In October 2023, Marathon and Zero Two proudly marked the inauguration of our state-of-the-art 200 MW immersion-cooled #Bitcoin mining facility in the United Arab Emirates.

Marathon Digital Holdings announces the energization of its first #Bitcoin mining pilot project powered by renewable, off-grid energy from a landfill.

To learn more, read our full press release: https://ir.mara.com/news-events/press...

At Marathon, we either control or influence each aspect of the Bitcoin mining technology stack, from the pool down to the ASIC. We operate our own mining pool (“MaraPool”), build custom firmware, invest in hardware, and design infrastructure (e.g., immersion cooling systems). By vertically integrating our technology, we aim to improve efficiency, increase innovation, and streamline our operational processes.