What are the main paths miners can take to enter AI?
Replied byFred Thiel
Chairman and CEO, MARA Holdings at MARA Holdings
Niche: Cryptocurrency, AI, Technology, Finance
Revenue: $1M+/month
Location: USA
Started: 2010
There are multiple ways. You can lease a site to an HPC developer and get a long term lease. Some build a building, buy GPUs, run them, and rent that out. Others do land and power deals with developers. There is also a hybrid model where you mine Bitcoin and operate AI at the same site.
0
From the Full Interview
This answer is part of a full interview with Fred Thiel, Chairman and CEO, MARA Holdings at MARA Holdings.
Share this Answer
Found this insight valuable? Share it with your network to help others learn from Fred Thiel's experience.
Cite This Answer
Use this answer in your research, article, or academic work
Related Answers
How does sustainability influence your decisions?
By Paul Guyett
Retail
$1M+/mo
Did your childhood environment play a role in fostering your entrepreneurial drive?
By Allison Ellsworth
Retail
Approx. $42 Million/mo
What inspired you to begin formulating a prebiotic beverage in your kitchen?
By Allison Ellsworth
Retail
Approx. $42 Million/mo
What did you learn from the farmers market feedback loops for early flavor testing?
By Allison Ellsworth
Retail
Approx. $42 Million/mo
How did your experience in the oil and gas industry help prepare you for entrepreneurship?
By Allison Ellsworth
Retail
Approx. $42 Million/mo
Why do you advise early-stage startup founders against opening their own manufacturing facilities?
By Allison Ellsworth
Retail
Approx. $42 Million/mo
How did you manage the severe financial pressures and risks during the early years?
By Allison Ellsworth
Retail
Approx. $42 Million/mo