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Those similarities with Argo lol made me smile, i think we have a case of Mara derangement syndrome. ArgoBull became CLSKBull, are you now ANYMINERBullbutnotmara x;)
But those similarities Chief..........
Remind me when Argo had a MCAP of 7 billion
Remind me when they mined 1800 BTC in one month
Remind me when they hodl'd 17,000 BTC
Remind me when they had over 1GW of energy
Remind me when they had a half a billion in cash
Remind me when they were numero uno
Remind me when they had over a billion dollars traded on its share in 1 day over and over again
Remind me when they had 41 EH paid for
Remind me when they had a fleet of over 200,000 miners.
Right now Mara and CLSK are only seperated pn value based upon MARA's hodl and cash. its a scary thought how high and how far MARA is going to this year. 75 100 150 who knows! but its going somewhere good. Look at MSTR and how that has run. The rising btc price will trip it sooner or later......
Remind me when Argo do that x;)
GL x
Fort Lauderdale, FL, March 26, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), one of the world’s largest publicly traded Bitcoin miners and a leader in supporting and securing the Bitcoin ecosystem, today announced MARA 2PIC700, a next generation two-phase immersion cooling system built to transform data center operations with industry leading power, density, and efficiency.
Compared to current alternatives, MARA 2PIC700 enables two to four times the power density and can reduce the space requirements for a data center by up to 75%. It can operate in temperatures ranging from minus 20 degrees Celsius to 50 degrees Celsius and is built for remote management. As a result, the system can enable data centers to be built and operated in remote or harsh climates that were previously inaccessible. For Bitcoin mining specifically, MARA 2PIC700 enables ASIC miners to be overclocked by 60-100% and can enable up to a 60% reduction in cooling costs, even under the most extreme conditions.
MARA 2PIC700 is part of Marathon’s broader strategy to vertically integrate its technology stack and to diversify its operations. The system’s ability to improve heat dissipation and efficiency for intense computational loads has the potential to benefit a variety of industries with large and dense power requirements, including cryptocurrency mining, telecom, AI/ML/HPC computing, and edge computing.
“MARA 2PIC700 was born from our vertically integrated tech stack, and we believe this technology has the potential to not just benefit Marathon’s own Bitcoin mining operations, but to transform data centers in multiple industries,” said Fred Thiel, Marathon’s chairman and CEO. “This compact and modular system boasts two to four times the power density of current alternatives and is designed to be operated remotely with minimal human intervention. As a result, we believe MARA 2PIC700 can reduce maintenance costs, improve performance, and unlock new opportunities for data center operators by enabling them to operate in remote or harsh climates that were previously inaccessible. We look forward to rolling out MARA 2PIC700 and setting a new standard for data centers with our next generation technologies.”
Today, March 26 and tomorrow, March 27, Marathon will be showcasing its next generation immersion cooling system at the Empower Conference in Houston, TX.
MARA 2PIC700 is now available for pre-order. To experience the next generation of immersion cooling and to learn more, visit mara.com/2pic.
it's all sounding a bit QBTish x;)
The way the minings gone this year for mara they might be mining more after the halving than they were in Jan, Feb, Mar. Genius chess move from Fred x;)
This definitely needs some sort of proper transparent announcements why the numbers are down. I get curtailment are the most popular months in Jan and Feb but seeing Riot and other Texan miners struggling to get capacity and especially that Garden city and how long thats been delayed and is only up to 132mw energised really shows how difficult it is to get hash online even when the site is built. This does look like a big Texas issue and wondering if the energy just isnt there for what the miners actually require and ERCOT selling energy it doesnt have would not surprise me but slowly and surely Texan based miners are becoming liabilities.
41 EH Paid for
1.5 billion in cash and btc
540 MW Owned
Hahahah and it went up 8 cents today x;) Shorters are mullering this too! pricks x
Told you before underclocking overclocking masters, patent pending x;) Just say it for those in the cheap seats, mara still numero uno North American miner, yes?
Maybe arrange a demo.
MARAFW and MARA UCB 2100 are available for purchase today. To schedule a demo or to learn more about these products, visit mara.com/firmware and mara.com/control-board.
Lol you keep getting excited with this price parity but its chalk and cheese, we have too many variables between these 2 companies now.
Mara still very undervalued and still worth over 2 billion in mcap value than CLSK the second largest miner. So its really well done to both Mara and clsk for their achievements....... BTC is getting aggressive again looks good for a run and a price from btc will trip mara one day and thats when we really take off.
It's coming soon.
GLA
Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), one of the world’s largest publicly traded Bitcoin miners and a leader in supporting and securing the Bitcoin ecosystem, today launched MARAFW and MARA UCB 2100, industry leading firmware and a control board designed to improve the performance, efficiency, and versatility of various Bitcoin mining rigs.
For the past year, Marathon has been developing and testing MARAFW and MARA UCB 2100 control board as part of its vertical tech stack to optimize performance. The Company is currently rolling out MARAFW across its fleet of more than 200,000 Bitcoin mining rigs.
Given the positive results of these initial rollouts, Marathon is now offering both MARAFW and MARA UCB 2100 to the broader Bitcoin mining community. Marathon has already successfully sold MARAFW and MARA UCB2100 to multiple enterprise clients. The Company is now providing all interested miners with the opportunity to experience some of the unique technology that sets Marathon apart.
MARAFW is custom firmware designed to optimize the individual chip settings of Bitcoin miners, providing an opportunity to improve their performance and efficiency while stabilizing operations. MARAFW offers several key features that seek to optimize Bitcoin miners, including increasing hash rate while maintaining optimal efficiency and allowing for quick auto-tuning or manual customization of settings for targeted performance. It provides options for overclocking to assist in boosting bitcoin production or underclocking for improved efficiency. Additionally, MARAFW includes intelligent thermal protection to defend miners against overheating, thereby protecting their longevity. MARAFW is compatible with the majority of stock control boards, as well as Marathon’s MARA UCB 2100.
MARA UCB 2100 is a replacement control board, designed in-house by Marathon, that comes preloaded with Marathon’s proprietary firmware – MARAFW. The control board supports various Bitcoin mining rigs and is compatible across multiple mining pools.
“One of Marathon’s key differentiators is its vertical tech stack, and for the first time, we are providing the broader mining community with an opportunity to experience some of the proprietary technologies that set Marathon apart,” said Fred Thiel, Marathon’s chairman and CEO. “With MARAFW and MARA UCB 2100, we have developed a unique set of complimentary products that we believe can help miners better navigate the upcoming halving and beyond. We invite all parties who are interested in mining like Marathon to contact us and test some of the unique technologies that we are developing to improve profitability, efficiency, and stability.”
From March 26 to March 27, 2024, Marathon will be showcasing the new MARA UCB 2100 control board at the Empower Conference in Houston.
https://ir.mara.com/news-events/press-releases/detail/1348/marathon-digital-holdings-releases-industry-leading-bi
Lol 404 I read the LSE thread on the ft report earlier and they still defend ceo chairman founder Franco, rinsed 100 million over his two decade, great work if you can get it . It shows how far your own bias and dissonance can take you even when it’s all so obvious.
Saying that it will probably double tomorrow, we are in that kind of lunacy x;)
Ian, Until they change it Mara can issue up to 500 million shares as thats the authorised amount. Id imagine they're close to 300 million issued when we get the next share count update. Ill be delighted if we are under that. But yeh annoying we not winning any prizes....yet!
CLSKBull yeh these energy demands are huge undertakings by the miners and not really appreciated at the scale they require. The Argo 800MW and 2 cents per kwh at Helios was a pipe dream, they never had the funds to get past 100MW and never accepted that until it was too late, it really was some of the most inept fraudulent executive decisions from a bod that ive been invested in, PW reeled us in with smart home made videos with psychological/hypnosis investment quotes that had no basis in reality.
I'm like you with Riot i dont even look at them anymore..... the last 15 months how they've been run, shows comparisons with Argo BOD and they do no earnings calls, another year like the last 12 months and they have big big issues if they don't already.
Do we have any RIOT holders on this board these days and what do they think? I remember one of my biggest fans used to insist RIOT would be numero uno I wonder whats going through their nut now?
I remember a young ARGOBull telling me that its simple with the miners you just plug them in. x;)
It's not that simple when you wanting 1-2GW of constant power. I think this has been a major issue for the miners since 2022 and why a lot of machines sit in boxes just recently CLSK had thousands sitting in boxes for about 4 months and who knows what RIOTS done and same for MARA no capacity to plug in.
However inside 3 months of a change of policy in owning sheds they now own more MW capacity than CLSK and thats what Mara the number 1 miner has the ability to do, go out and buy it.
Good for you Ian glad i bought a few more of these at 18.50 they could be sold at 26/27 today happy fooking days......I think ill definitely be out of mara during the next earnings call as the last 3 have been very expensive for me x;)
Definitely been a pattern on the earning call days !
Texas comes with curtailment end of story, no getting around that. Garden City is 6.7 ish cents, so 30% off that and it should be just under 5 cents per kwh.
Youre not appreciating or factoring in that Mara will end up just as efficient as other miners because of its scale and capital.
They have the capital to do things the other miners can only aspire to right now.
Lets see how the other miners are at on shares issued if they ever to get to maras EH hodl and cash and i think youre going to see a huge number of shares issued in CLSK next earnings just like mara.
Like 404 said before it's the faustian pact we sign and currently 267 million shares issued in its last report with 40 eh paid for, over 500 MW in owned data centres and 1.5 billion in cash and hodl im actually thinking that isnt too bad and will be interesting to see what CLSK and RIOT have issued IF they ever scale to Mara's achievements.
What MW does CLSK own? thats Mara's below and it must be close with CLSK now?
Total: 1,116 MW
Owned: 54%
end of December Mara owned just 4% of its sheds, in 3 months its propelled itself near to the top in self owned data centres. Hopefully this is the year of efficiencies from mara i think these sites are 4 cents per kwh with curtailment programs and the credits they give, they mention 30% efficiency upon ownership of these sites.
Price parity is great if its overtaking the MCAP but your so called 'price parity' with Mara would still leave CLSK MCAP roughly 2 billion under Mara's..... maybe a lot more when we get the shares issued number from both firms.
Sounds like a youtube ramp to me 'price parity' x;)
8 miners ! the whole sector is due a run could be great timing with them.
GL x
The way they all mooned yesterday suggests something has triggered the end of the miners malaise and perhaps this is the start of a better cycle for the miners now. Instead of us all scratching our heads and wondering why prices are so low and they still are !
Would be nice to see BTC attack 70 today and keep the momentum going. Looks good for it!
GLA
Always felt that was a long shot and buying 5hit mining companies really doesnt sit well with me, Hardin was so good they end up buying all of WULF? x;) I would like to see them pivot and would prefer them buying new gen miners.
Unless they start some form of trading with its BTC im not so keen to see money go into the forever HODL just keep what you mine with these cash reserves.