Marathon CEO Fred Thiel reveals key insights about Bitcoin's future in a new interview. Don't miss his expert takes!
Bitcoin nears $98K but trading volumes are low, pointing to market uncertainty. Institutional interest grows, impacting ETFs and Marathon’s $4.3B BTC strategy. Stay tuned!
Galaxy Digital is pivoting from Bitcoin mining to AI computing, planning to convert its 800MW Helios facility. The company signed a deal with a US hyperscaler for high-performance computing (HPC). Despite a 27% drop in Bitcoin production and a $54M net loss, it improved from Q2.
Marathon and Riot are increasing Bitcoin output as its mining difficulty hits a new record of 101.6 trillion, highlighting intense miner competition.
Marathon and Riot achieved their highest Bitcoin production in October since the April halving, due to increased hash rates.
Crypto stocks like MicroStrategy, Coinbase, and Marathon saw modest gains as Bitcoin approaches record highs. Bitfarms, a notable performer, nominated a new board member during its proxy battle with Riot Platforms.
Anduro, a subsidiary of Bitcoin miner Marathon, launches a tokenization platform in collaboration with Vertalo, starting with tokenizing whiskey in their Avant project.
Marathon Digital Holdings (MARA) becomes the first digital asset company to file a climate risk report with the Climate Disclosure Project (CDP), highlighting its commitment to environmental transparency and sustainable development.
Marathon Digital Holdings invests in Anduro, a Bitcoin Layer 2 solution aimed at accelerating transaction speeds. This strategic investment seeks to integrate new solutions into Marathon's infrastructure, providing faster and efficient services. Analysts believe such moves could significantly impact Bitcoin's ecosystem development.
Bernstein has set new stock price targets for prominent Bitcoin miners such as Riot and Marathon, highlighting AI-centric miners like Core Scientific, IREN, and Terawulf for their exceptional performance.
Institutional demand for Bitcoin mining stocks is surging due to increased confidence in the sector, with key discussions highlighting capacity expansions and strategy shifts.
Marathon Digital boosts its Bitcoin holdings to 26,200 BTC by adding over 5,000 BTC in a month, totaling $1.5 billion in value.
Marathon CEO addresses MicroStrategy's Saylor following a $1.1 billion Bitcoin investment.
Crypto and Bitcoin mining stocks recovered after an initial drop following the Trump-Harris debate, with Coinbase shares up 5.3% and minor losses for Marathon and Riot Platforms.
Michael Saylor and Marathon are reinforcing Bitcoin's position as a premier reserve asset, with Saylor advocating for it through MicroStrategy.
Core Scientific plans to issue $350 million in convertible notes to manage debt, leading to a 9.19% drop in stock price.
Bitcoin mining companies raised $2.1 billion since Q2 due to tightened cash flows following Bitcoin's halving and hashprice drop.
Bitdeer launches a $150 million bond offering to tackle falling Bitcoin mining profits due to recent halving.
SOLETH is down 10% from its all-time high. Sizable movements in the crypto space include Marathon's patriotic branding of Bitcoin, 3AC's substantial claim against Terraform Labs, and Grayscale ETH ETF's stability. Notable topics include Trump and Elon's silence on crypto and Coinbase urging the SEC to abandon DeFi exchange rules.
Bitcoin Miner Marathon seeks to raise $250 million to buy more BTC, inspired by MicroStrategy's strategy, though there are key differences between the firms.
Marathon, a leading Bitcoin miner, boosts its investment with a $250 million purchase.
Bitcoin miners are struggling due to record low hashprice, causing net profit challenges despite Bitcoin's price recovery. Large firms like Marathon and Riot hold Bitcoin and raise funds to cope, while Core Scientific sells its mined Bitcoin to eliminate debt and expand HPC and AI hosting capacity.
Major Bitcoin miners invest $150M in hardware, reducing dependence on Bitmain.
Marathon is transitioning to immersion cooling for its Bitcoin mining in Granbury, Texas, after noise complaints. The company has reduced its hashrate temporarily but improved its Bitcoin reserves significantly.
Bitcoin mining companies in the U.S. lost $3.5 billion in market capitalization amid record-low hash prices and broader market volatility.
Bitcoin mining difficulty has surpassed 90 trillion for the first time, hitting a new record due to increased competition. This follows Bitcoin's price rebound and increased hashrates driven by large mining companies.
Bitcoin hashrate surges to an all-time high, pushing block production intervals to just under 9 minutes. Mining companies are expanding operations with new-gen ASIC miners and increased market share.
Major public Bitcoin miners increased production while smaller operators capitulated due to declining hashrates. The daily production benchmark rose, benefiting large-scale miners.
Marathon Digital CEO Fred Thiel examined the reasons why the Bitcoin price could not recover.
Marathon received $55,250 in BTC to inscribe a video on the Bitcoin blockchain, making it one of the largest transactions. This was part of the Slipstream service, anticipating dynamic fee markets. MARA Pool’s hashrate and block mining percentage declined slightly in June.
Marathon’s BTC mining is heating an entire town in Finland and selling excess heat, potentially becoming a financial lifeline after the 2024 Bitcoin halving.
Marathon Digital is repurposing heat from its crypto mining data center in Finland to power a district heating system, providing warmth to homes. This initiative highlights Marathon's commitment to sustainability and potentially adds a new revenue stream. The company aims to integrate more sustainable practices in its operations globally.
