Marathon Digital's Thiel on Bitcoin Halving, Mining Outlook

Marathon Digital CEO Fred Thiel says he's excited for Bitcoin's halving and discusses the state of Bitcoin mining and Marathon's growth strategy. He speaks on "Bloomberg Crypto."
For more on this story, please see: www.bloomberg.com/news/articl...

[@Cammimullens]

Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?

[@TitaAnderson]

Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder

[@softy-bf5eg]

The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market

[@marlisamirabal]

nice! once you hit a big milestone, the next comes easier.. who is your advisor please, if you don't mind me asking?

[@softy-bf5eg]

ANGELA LYNN SCHILLING' is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

[@marlisamirabal]

Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

[@davidcouch6514]

Probably the best 8:16 ever spent on YT to date.

[@thavonephanthavongsa4962]

im in on mara at 22 come on bring this thing up man

[@JOZoSo.]

Bitcoin goes down, Mara goes down. Bitcoin goes up, Mara doesn't go up. Makes sense.

[@agentcopper2952]

mara always anticipates bitcoin price. when mara was at $70 in 2021 lots of peple believed the $200k thesis on btc...

[@ahnonymuz9921]

Its a scam

[@SonicBlue04]

Could you type a little louder while the dude is trying to talk? Can someone get this guy a keyboard with silent switches?

[@ua1514]

😂

[@kenuchaccordionlessonsintr6003]

this guy is a smart CEO

[@ahnonymuz9921]

Yup smart on scamming investors

[@Sam-ue4rv]

@@ahnonymuz9921 All the miners Hut8 was the worse ones Sue Ennis is a fraudulent Bish..

[@mariasimpson9628]

I have been mining for about 6 months now and just about every mine, it backfires and slaps me in my face. Nearly impossible for me to catch more than a few points I try to do top down analysis but it doesn't work for me . I say to myself, clearly I'm in the 90% that lose money, so I open a demo account, do my analysis, then take the opposite of what I would normally take and get the same result. I'm starting to feel hopeless, any advice for a struggling trader?

[@albertbrian6448]

Indeed, the recent market downturn serves as evidence that a vast majority of individuals lacked a sufficient understanding of the underlying financial dynamics at play.

[@christinajurado9180]

Don't listen to her, don't give up. Mining takes time(months, even years) to master, even the pros learn everday. Never the less, if you lose money no matter which side you take, maybe you need to look at how you are managing active trades rather than how you are entering them. My advice, find a mentor . And also, try incorporating the use of oscillators, Bollinger and pivot points into your strategy. And most importantly move to higher TFs(4h or 1D preferably), you'll thank me later.

[@mariasimpson9628]

You're correct, I don't lose money every single trade, but my main problem is trying to let my runners run. Very rarely do I catch big moves . Instead they go a few pips in my direction, then go against me if when I try holding them. Also my entries could use a lot of improvement. A mentor would be amazing, but getting one is easier said than done. If it's not too much to ask, do you know any legit ones?

[@christinajurado9180]

I've been in touch with a financial advisor ever since I got into the market. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over overboard and been making about $1500 bi-weekly, What I'm trying to say is the 5% of traders in the world that are consistently profitable are very reserved, they are just random/lowkey people no one even expects. My account manager chooses entry and exit orders

[@filipxavier1041]

Interesting, I’ve actually been looking into getting one, lately the news I've been seeing in the market hasn't been so encouraging. If you don't mind me asking who's the person guiding you?

[@tantricsurfer]

Grande Fred!

[@BitcoinAndCryptoCurrency]

learning the basics really helped thanks

[@dankc60]

You don't sell your btc keep stacking those sats guys

[@ahmedalsharman]

Bitcoin will crash to zero in future, better buy and hold Dogecoin & Cordano

[@BigHotSauceBoss69]

@@ahmedalsharman good joke, i laughed

[@ahmedalsharman]

@@BigHotSauceBoss69 laugh now and cry later

[@germain9074]

@@ahmedalsharman I'll gladly buy all your bitcoin

[@ThatGuy00000]

@@ahmedalsharman How about you cry now, and cry later.

[@dr.k.math.777]

Excellent explanation

[@strategoking]

What I took away from this is that the proce of Bitcoin will not rise the way most expect until all smaller miners are wiped out, leaving only very large miners.

[@bbcdsatoshi]

Interestingly, Vanguard owns 8.55% and BlackRock 5.73% of Marathon (MARA). How will that change in the next few years? These figures come from The Financial Times

[@keithwisdom1663]

Does riot and marathon hold bitcoin and cash?

[@SPYSpreads]

All my money on MARA RIOT please don’t disappoint this cycle 😭 momma needs a house

[@zintothemoon1135]

Still confused how the halving of a subsidy affects mining out put, the subsidy goes down but there's still fees

[@colinfowler7011]

It’s a good point but the subsidy is consistently much greater than the fees. There have been a handful of blocks where the fees exceed the subsidy but the bulk of the reward is still in the subsidy

[@zintothemoon1135]

@colinfowler7011 yes I would think something subsidizing it would make up a good portion it is a subsidy subsidizing the fees ie making up for what the fees aren't doing yet

[@colinfowler7011]

@@zintothemoon1135 the subsidy is not intended to make up for lack of fees. The purpose of the subsidy is to have a fair way to emit new bitcoin into the network

[@GhostOfTheUchiha999]

Don't know what's confusing? 21 million BTC is the limit. 19 million exist. "Miners" are coding the blockchain and getting rewarded for doing so. BTC gets jumped to validators to make sure it's on record that BTC was moved. For doing all that proof of work, they are awarded BTC. This BTC is new fresh BTC , the 2 million of the 21 million not mined yet. 950 BTC are mined a day. For more to be mined we need many many more BTC miners to join the network. If BTC miners left the network then the number would drop from 950 a day. After the halving, the rewards given get halfed. The 950 a day we produce will become 450 a day . Halving reduced rewards in half given to miners for their equal amount of work. I hope this helped

[@ThatGuy00000]

You have to win the block to get the fees.

[@firiusfangmartinez4698]

Block Sailor Token's unique features are catching my attention. Excited to explore further.

[@morzarrabi]

this guy is no joke, he talks like he is from future

[@Anita-ik4pr]

I Hit 113k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject.

[@Marshall-qh9wc]

I would really love to know how much work you did put in to get to this stage.

[@Anita-ik4pr]

Mary McDonald's strategy has been instrumental in helping me navigate the past few months. Without it, I don't think I would have made it through

[@Anita-ik4pr]

SHE IS ON TELEGRAM.S..

[@Anita-ik4pr]

@Mary714 thats her user name

[@iVETAnsolini]

No you didnt

[@PearlSharon-fe2sb]

Reef chain is an EVM compatible Reef chain is an EVM compatible blockchain for DeFi. It is fast, scalable, has low transaction costs and does no wasteful mining. It is built with Substrate Framework and comes with on-chain governance.

[@thevivekmathema]

That BTC insignia Pin on his suite got me respect him right away!

[@mattbradley1716]

Bitcoin mining will fully centralise at the point the block subsidy hits zero. The remaining miner takes all fees and effectively becomes the global reserve bank. Monero will then become the new "bitcoin". Private, Decentralised, Anonymous, Fungible and ASIC resistant to prevent this from happening again.

[@NnkechiNk-hn8wf]

Reef chain is built with upgradability and long-term sustainable on-chain governance in mind.

[@pedrofussell5402]

Quantum Blockchain Technologies are about to increase mining efficiency by 160%

[@imisskatelyn9517]

Fred is a bright guy and an asset to the whole Bitcoin ecosystem. Elizabeth Warren won't be happy to hear how efficiently his operation runs and how it helps the environment by the capturing of stranded energy.

[@frankfromupstateny3796]

All this info...has been talked about adnauseum...teach us something. BTC must grow...or the world ALL goes to Universal Payments...is this what we want?

[@johnqlunchbucket]

👍

[@Eric-qm5xw]

It’s mr dilution !

[@Cristian-yg4bg]

Brace yourselves for the transformational power of Block Sailor's detonation!

[@MarkFinelli]

Buy Ionic

[@ahmedalsharman]

Bitcoin will crash to zero in future, better buy Dogecoin & Cordano.

[@ahnonymuz9921]

This guy are scamming you guys he keeps diluting shares. Making investors a milking cow. I bet he has short position while diluting lol

[@bobbyhernandez859]

Diluting his own stock with real confidence.

[@Eric-qm5xw]

What a knobhead ..dilute to crap

[@slawomirkolpak7791]

its happening

[@quinnmack]

bitcoin about to CRASH to 0 small caps about to all be 10 baggers

[@jamiejc224]

they would become target for acquisitions, why? it is proven they can't make money. An old miner is a paper weight you have to pay to recycle.

[@gibsonsweet7051]

I watched a podcast today and he dove into acquisitions in detail. You are correct, the miners are not worth anything otherwise they wouldn’t be an acquisition target in the first place. He is simply after the mining site that already has the capacity to host mining equipment at scale. The infrastructure is already in place, and that is where the value is.

[@oliverallen5324]

Eventually these businesses will merge with Power companies like Duke or Conn Ed. The margins for mining have always been tight, but will continue to get tighter as time goes on.

[@zintothemoon1135]

In what world will that happen?

[@zintothemoon1135]

Amd why?

[@SorensenBjerring]

Depending on the price of Bitcoin....!!!!

[@ahnonymuz9921]

Stop scamming people. You just keep on diluting and you will do offering again in the future

[@AlphaWolfMusica]

Monkeyjizzypie! 😂 🐺🌙🌙🌙

[@rentoquando5249]

This crescent 🌙 and wolf 🐺 mean anything?

[@AlphaWolfMusica]

@@rentoquando5249 WOLF NATION BABY! 🐺🔥👑🐉

[@andyschubert6730]

Apart from selling heat, do miners have any incentive if mining bitcoin blocks no longer is lucrative? Because if nobody mines, there are no validators and thus the entire network will fail lol

[@jasonmarch1983]

The code has a built-in difficulty adjustment. If mining is not profitable people Will turn off their miners and the bitcoin network will adjust to make it profitable to mine with less compute

[@BigHotSauceBoss69]

there will *always* be people ready to take up mining should the difficulty adjust down again, you can be SURE of that lmao

[@pedrofussell5402]

Quantum Blockchain Technologies are about to increase efficiency of mining by 160%

[@SorensenBjerring]

Well....they hold 17000 btc of a price of 70000 € you do the calculations....😂🎉

[@anderbeau]

wtf is with the fake typing noise in the background, I stream Bloomberg all day and they do that all the time 👎🏼

[@Miguel-mq2ij]

Block Sailor's explosion is the spark that will ignite progress!

[@Sam-ue4rv]

Should be in Jail.. 20k to mine BTC BTC was at 75k they kept dropping and diluted the shareholders? Scam

[@jessewilson1622]

Today coins dropped another 20% and rsi didn't move.

[@ahnonymuz9921]

Its a mining mafia

[@planb6504]

He has a short position

[@ahmedalsharman]

I believe that Bitcoin will crash to zero in future, Better buy Dogecoin & Cordano

[@jamisoncote1039]

He’s the CEO….

[@NichoD3]

MARA stock is such trash

[@ahnonymuz9921]

Its a scam

[@ajujosephkailath7596]

Wondering how a zero sum business will be successful.

[@MariaRuiz-cl8bp]

Block Sailor Token's explosion could be the catalyst for a major transformation!

[@gregcollins2121]

46k marginal cost before depreciation/G&A? These guys are boned

[@shalawpj8178]

Already digital currency gone no matter new names

[@dsflat6785]

Invite Roger Ver (Bitcoin Jesus) on to educate people on Bitcoin

[@JohnCerio-le5hn]

What will your company focus on when all Bitcoin has been mined?

[@MerylBeth]

What are the best additions to a $500k portfolio to boost performance?. ETH is Up and will do better, I believe as indicators for profits continue to improve, investors like me believe that “Santa has come early” to the markets........

[@Karen-jz5jp]

I think you're better off with majority investment in bitcoin and uprising equities cos they always outperform. Alternatively speaking to a certified market strategist can help with pointers on which to acquire..

[@MerylBeth]

wow massive gains! my partner recently hinted on going same direction.. what did you invest in, and who is your investment advisor please, if you don’t mind me asking? in dire need of asset allocation..

[@Karen-jz5jp]

(Rosa Barnard Investment Advisor) is the licensed advisor I use. Just copy everything in the bracket and research. You'd find necessary details to work with to set up an appointment.

[@MerylBeth]

Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals

[@johndean8052]

More expertssssssssssssssssssssssss blah blah silence why do we need to hear pure speculation mental mastu.....bation............

[@lorenacorona7078]

Considering Block Sailor Token for its potential. Let's explore its possibilities.

[@jentorninos.ballen9269]

sinira ninyo buhay ko sa laro na kayo may gawa

[@ingodwetrust.wearelions.474]

Delusional...

[@BTC_Private_Key_Generator]

The process of Bitcoin mining is truly fascinating, as miners use powerful computers to solve complex mathematical equations and secure the network. It's amazing to see how technology is revolutionizing the world of finance!

[@Sam-ue4rv]

Dont invest into miners.. Its a dead project. They already scammed millions of people.

[@MakeManageGrowMoney]

@rexfinance what do you think?

[@jamiejc224]

very arguable on your size sir, Cleanspark all the way CLSK, buy now kids and retire

[@Eric-qm5xw]

But iren ..way more upside

[@HardKnocks123]

CLSK & MARA all day

[@Eric-qm5xw]

@@HardKnocks123 Well I own all of them but with operations ..iren is easily the best value right now.