Why aren’t you cutting hash rate to fund an AI pivot?
Replied byFred Thiel
Chairman and CEO, MARA Holdings at MARA Holdings
Niche: Cryptocurrency, AI, Technology, Finance
Revenue: $1M+/month
Location: USA
Started: 2010
We are certainly not cutting back our hash rate. Global hash rate has not slowed down much, except recently when older equipment shut down after price drops. Many peers are converting capacity they have not brought online yet, or building green field sites, not necessarily ripping out running sites.
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