What is the operations lesson on energy costs and hosted models?
Replied byFred Thiel
Chairman and CEO, MARA Holdings at MARA Holdings
Niche: Cryptocurrency, AI, Technology, Finance
Revenue: $1M+/month
Location: USA
Started: 2010
If you own and operate sites, your cost per kilowatt hour is lower than hosted models. Hosted operators pay more and feel it first when Bitcoin comes down into the 80s or 90s. At our owned and operated sites, we have some of the lowest costs in the industry, which protects margins.
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
What challenge are dealership acquisitions solving today?
By Dave Mondragon
Retail
/mo
Why is scale becoming more important for dealers?
By Dave Mondragon
Retail
/mo
What problem does AutoTrust solve?
By Dave Mondragon
Retail
/mo
What do you mean when you say dealers have a leverage problem rather than a profit problem?
By Dave Mondragon
Retail
/mo
How does AutoTrust differ from traditional dealership groups?
By Dave Mondragon
Retail
/mo
Why is dealer ownership central to the business?
By Dave Mondragon
Retail
/mo
How much scale has AutoTrust already achieved?
By Dave Mondragon
Retail
/mo