Marathon Digital CEO Predicts More Forced Exits Amidst Mounting Challenges in the Bitcoin Mining Sector
- Rudolph Harmon
- June 14, 2023
- Bitcoin, Crypto, News
- Bitcoin, CEO, Crypto, Marathon, Mining
- 0 Comments
Key Points The CEO of Marathon Digital, Fred Thiel has sounded the alarm bells for Bitcoin miners, warning them of the mounting challenges that lie ahead. Thiel, a seasoned industry expert, believes that a range of factors including regulatory pressures, escalating energy costs, and the upcoming “halving” event, will make it increasingly difficult for miners to sustain their profitability. The …
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