Largest Bitcoin Miner Explains Why Bitcoin Will Explode

Fred Thiel is the Chairman & CEO of Marathon Digital Holdings (NASDAQ:MARA), a digital asset company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets. In this conversation, we talk about energy harvesting, brand new bitcoin mining sites, bitcoin halving, hashrate, outlook for 2024, and more.
TIMESTAMPS:
00:00 - Intro
00:47 - Inscriptions & transaction fees
05:22 - Bitcoin halving impact
10:33 - Energy harvesting
15:14 - Gameplan for miners
18:48 - Energy generation
21:32 - Hash rate
25:10 - Hardware
29:52 - Macro environment
34:48 - 2024 outlook
38:02 - Price prediction
40:31 - Find online
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[@arcticdoc]

This guy slightly reminds me of Walter White. Just slightly.

[@Bobby-mh1jk]

This GBTC sell off is annoying af

[@diegosilvaconcept]

Heisenberg is totally right!

[@mikejacobs9141]

Fred is so interesting, thanks for having him on!

[@nailbiting4fun156]

Thanks for this. I was thinking of moving my MARA position to other miners but Fred has inspired confidence. Will HODL.

[@CryptoGrit]

honestly one of the most realistic price predictions I saw so far :)

[@gultekinprague4048]

Great interview...👍 And nice, useful informations about 'miners world'...👍

[@quest_edward]

Great interview with Fred Thiel, Chairman & CEO of Marathon Digital Holdings. Thank you for your insightful questions and engaging conversation!

[@billgriesinger1171]

Anthony, great show. I've done two podcasts in the past with an individual from a Bitcoin mining/energy investment fund. He echoed many of the same concepts as Fred Thiel. Fantastic show. Thanks

[@axt71]

amazing insights in this interview

[@larenvanderwesthuizen966]

Great interview. I learnt a lot.

[@juanderful149]

Great interview! Learned a lot about energy conservation and bitcoin mining.

[@the_jandal]

Great interview - got some real good bits of info - i like how he is reserved about the industry post halving.

[@jeremiahanderson1159]

The Visionary - Fred Thiel CEO of Marathon Patent Group :) Great interview Pomp love the questions. Excellent outlook

[@bernieschmitz4192]

How long does it take for the state of the art machines to become obsolete?

[@arcofprado]

great insights, love the long form interview

[@bethecoin]

GREAT interview! It is refreshing to have a CEO admit and confirm he is looking for a low commodity price (BTC) so he can acquire dieing competitors very cheaply. A savvy business strategy that does not immediately benefit the retail Era BTC investors. The impatient retail investor (most of us) must still hope for a miracle, sovereign buyer probably, to create the God/omega candle. Unlikely, but still thrilling to hope for. HODLING and buying MARA as a hedge :-)

[@joshuamclean6564]

I hate level headed price predictions. Its such a downer. Smart guy.

[@Dutch79]

So, due to the higher liquidity the volatility decreases. But.. there is huge demand and OTC will run out of BTC. So, the price should explode in the coming months/years (shock supply). How does this rhyme with the dampening effect?!

[@mattbyrne7920]

My coin mining machine is a space heater/ air purifier that I now use to heat my house and I turned my oil heater off basically.

[@DCFNETWORKS]

This is a great interview!

[@djkokeeboy]

Great guest! Great interview!

[@CryptoCoast2Coast]

120k is a kick in the balls

[@dragancolja5765]

Nice! Thanks.

[@davidschreffler378]

Great interview!

[@JohnInvest17]

Amazing video.

[@djwurst2616]

After thinking about it,to answer my own question, the fees are paid out of the transactors Bitcoin that they already owned. So no new Bitcoin is created for the fees. Just the way Fred said it, confused me for a moment.

[@bitcoinpoemspro1406]

Thx. Good info.

[@facundolopez1792]

The damm between Paraguay and Brazil is Itaipú, one of the biggest of the world. Nice to hear about that project.

[@briannaughton1983]

This is REALLY interesting! ✌😊

[@Pygmara]

Mara 🏆

[@EBee-zn4ys]

Awesome interview with great information- thank you!

[@fredhampton3393]

Fred!!!!!!!!!!!

[@teddyrocco]

I haven’t a clue what the hell he was talking about!

[@jamesgeorge65]

Can anyone give a real answer as to why BTC crashed right after the etf’s were passed?

[@flipdawhip2573]

wen mooooooon

[@knightgem]

2030 will be an interesting year😊

[@marlon82mc]

Wait, is that an army-issue fleece you're wearing, Pomp? lol I wish I didn't have this thought.

[@bernieschmitz4192]

What happens when we run out of bitcoin after the 21 million bitcoin are distributed to the miners. Where does the miners profit come from ?

[@AlternateCurrent.]

So no pump.. all good.. no problem.

[@OfficeDaily]

I'm balls deep in MARA

[@newworldtechcanada]

So buying and selling energy is actually bigger than buying and selling oil. No wonder vehicles are switching to electric, so we can save the world 😉

[@WesleyArchbell]

The Walter White of bitcoin

[@Surfer_Jay]

Pomp just got schooled it seems...

[@davidarnold2718]

5:36 This guy's not understanding. He said the having doesn't affect the investor it really just affects the minor cause they get paid less per block. Yeah, that's why the price goes up. But now they're getting blocked subsidies. They don't need to sell for as high. Bitcoin price will stay lower because they don't need to sell it as high because they're making all the money from the block subsidies. I've already said this month ago

[@nGUNNARp]

pomp makes no sense anymore...his argument for why % gains will be lower now that ETF is here makes absolutely zero sense...lower day to day volatility sure...but there is no coherent logic that makes more demand equal lower price

[@yeriliesmarti2506]

Go nuclear energy

[@daneydasing4276]

Prediction: soon the Fomo rally starts

[@bukleuh]

First

[@banjoclown]

Trump/Ramaswamy 2024 🇺🇲

[@kevinzunigazuniga9472]

With btc nothing is free With the government we have the printer machine and free money for the majority Fiat the solution

[@davidarnold2718]

We don't need Wall Street adoption. Staying righteous and getting the masses to adopt us is the important part and the money will be Everden from the Central Bank system to the decentralized banking system. But we must stay righteous and not get mixed up. What's the Central banking fiat chaos? In time it will come, but we are pushing it and it is going to backfire. Who had more influence over history, Jesus Christ? What julius caesar were buddha or The Indian moguls. One took the quick way of riches in glory. The other took the path of righteousness in the masses Flocked

[@NickSingh1699]

Now we all know what happened to Walter White. Became a bitcoin miner.

[@sleepvideosrelaxvideos3608]

Pomp is killing us with ads im unsubbing

[@STAR-lk3cl]

sorry but btc will go to 34k in March before explode.

[@MostAlpha]

BTC is going to Z E R O