Efficient. Scalable. Sustainable.
Bitcoin is decentralized, and so are we. We use various strategies and business models, including outsourcing to third-party hosting providers or hosting our own operations, to maintain a diversified portfolio of Bitcoin mining sites in multiple states and countries. At Marathon, we are building one of the largest, most energy efficient, and most technologically advanced Bitcoin mining companies in the world.
At Marathon, we follow an asset light approach, minimizing the need to deploy capital into fixed structures. In return, we invest in revenue-generating assets.
This allows for flexibility across operations, enabling us to quickly respond to changing market environments while growing green and staying lean.
Our Fleet Across the World
A Clear Path to 23 EH/s
Diversified Portfolio Approach to Bitcoin Mining
Each Bitcoin mining deployment comes with its own set of constraints, and each requires a curated approach. We adapt accordingly. Overtime, we have used different strategies and structures to build a portfolio of Bitcoin mining operations that is designed to diversify risk across our organization.
Historically, Marathon has outsourced most its hosting requirements to third parties who are responsible for operating and maintaining our Bitcoin miners. This strategy allows us to move quickly to scale our operations and gives us the flexibility to focus on investing in the newest Bitcoin mining technologies, including hardware and immersion cooling infrastructure.
Marathon’s original facilities were self-funded and self-hosted. Today, we are leveraging our expertise in building and operating our own sites to grow our hash rate in new geographies and with like-minded organizations looking to enhance the resilience of the Bitcoin network. By jointly working alongside regional experts to design new facilities from the ground up, we can maintain greater influence over projects that require a more hands on approach.
Joint ventures allow Marathon to establish synergistic relationships with other entities who are looking to enter or expand their footprint in the Bitcoin mining industry. By joint venturing, we can maintain greater influence over projects as we leverage our unique Bitcoin mining expertise, which include developing new technologies (pool software, firmware, etc.), designing and scaling mining operations, and leveraging our network of industry experts, to help like-minded organizations enhance the resilience of the Bitcoin network.