Marathon Digital CEO Predicts More Forced Exits Amidst Mounting Challenges in the Bitcoin Mining Sector

Marathon Digital CEO Predicts More Forced Exits Amidst Mounting Challenges in the Bitcoin Mining Sector

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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