Tag: determining the profitability
Bitcoin Mining Faces Growing Challenges, Warns MARA CEO Fred Thiel
TLDR: Bitcoin mining faces growing competition, warns MARA CEO Fred Thiel. Shrinking margins and rising energy costs threaten Bitcoin miners’ survival. MARA’s strategy to thrive: Stay in the lowest cost quartile. Bitcoin mining’s future uncertain post-2028 halving, says Fred Thiel. Miners must innovate or partner with energy providers to stay competitive. The Bitcoin mining industry [.] The post Bitcoin Mining Faces Growing Challenges, Warns MARA CEO Fred Thiel appeared first on CoinCentral.
The New York Times
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