BPOI Banner
The share price divergence this year between MicroStrategy and Marathon Digital (FactSet) The share price divergence this year between MicroStrategy and Marathon Digital (FactSet)

BTC Mining Is So Rough Marathon Digital (MARA) Adopted MicroStrategy’s (MSTR) Successful Path

Nishant Sharma, founder of BlocksBridge Consulting, a research and communications firm dedicated to the mining industry, agrees with Marathon’s BTC accumulation strategy. “With bitcoin mining hashprice at record lows, companies must either diversify into non-crypto revenue streams like [artificial intelligence or high-performance computing] or double down on bitcoin to capture investor excitement around an anticipated crypto bull market, similar to MicroStrategy’s approach,” he said.

Source link

Aoyon Ashraf

https://www.coindesk.com/business/2024/08/27/bitcoin-mining-is-so-rough-a-miner-adopted-michael-saylors-successful-btc-strategy/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

2024-08-27 16:10:22

bitcoin
Bitcoin (BTC) $ 93,808.13 2.80%
ethereum
Ethereum (ETH) $ 1,797.04 5.71%
tether
Tether (USDT) $ 1.00 0.01%
xrp
XRP (XRP) $ 2.23 3.20%
bnb
BNB (BNB) $ 604.60 0.58%
solana
Solana (SOL) $ 151.10 4.72%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.17962 4.18%
cardano
Cardano (ADA) $ 0.701138 6.97%
tron
TRON (TRX) $ 0.246664 0.60%
staked-ether
Lido Staked Ether (STETH) $ 1,795.22 5.72%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 93,709.11 2.76%
sui
Sui (SUI) $ 3.01 22.83%
chainlink
Chainlink (LINK) $ 15.00 8.44%
avalanche-2
Avalanche (AVAX) $ 22.43 3.80%
leo-token
LEO Token (LEO) $ 9.08 0.55%
stellar
Stellar (XLM) $ 0.268753 2.95%
shiba-inu
Shiba Inu (SHIB) $ 0.000014 2.19%
the-open-network
Toncoin (TON) $ 3.18 5.75%
hedera-hashgraph
Hedera (HBAR) $ 0.181492 2.51%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,152.76 5.31%
usds
USDS (USDS) $ 1.00 0.00%
bitcoin-cash
Bitcoin Cash (BCH) $ 359.44 0.99%
litecoin
Litecoin (LTC) $ 83.24 0.59%
polkadot
Polkadot (DOT) $ 4.09 4.71%
hyperliquid
Hyperliquid (HYPE) $ 18.29 2.92%
bitget-token
Bitget Token (BGB) $ 4.50 0.18%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.00%
weth
WETH (WETH) $ 1,792.53 5.45%
ethena-usde
Ethena USDe (USDE) $ 0.999809 0.00%
pi-network
Pi Network (PI) $ 0.663421 3.71%
monero
Monero (XMR) $ 229.30 3.08%
whitebit
WhiteBIT Coin (WBT) $ 28.60 0.35%
wrapped-eeth
Wrapped eETH (WEETH) $ 1,912.74 6.17%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 93,791.13 2.82%
pepe
Pepe (PEPE) $ 0.000009 4.48%
uniswap
Uniswap (UNI) $ 6.02 6.93%
aptos
Aptos (APT) $ 5.38 5.10%
dai
Dai (DAI) $ 1.00 0.01%
okb
OKB (OKB) $ 52.29 0.74%
near
NEAR Protocol (NEAR) $ 2.51 8.12%
bittensor
Bittensor (TAO) $ 341.06 2.28%
ondo-finance
Ondo (ONDO) $ 0.921809 3.24%
gatechain-token
Gate (GT) $ 23.64 0.17%
internet-computer
Internet Computer (ICP) $ 5.15 4.83%
official-trump
Official Trump (TRUMP) $ 13.36 49.91%
tokenize-xchange
Tokenize Xchange (TKX) $ 32.59 0.92%
ethereum-classic
Ethereum Classic (ETC) $ 16.80 3.15%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
aave
Aave (AAVE) $ 166.67 8.74%
bitcoin
Bitcoin (BTC) $ 93,808.13 2.80%
ethereum
Ethereum (ETH) $ 1,797.04 5.71%
tether
Tether (USDT) $ 1.00 0.01%
xrp
XRP (XRP) $ 2.23 3.20%
bnb
BNB (BNB) $ 604.60 0.58%
solana
Solana (SOL) $ 151.10 4.72%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.17962 4.18%
cardano
Cardano (ADA) $ 0.701138 6.97%
tron
TRON (TRX) $ 0.246664 0.60%
staked-ether
Lido Staked Ether (STETH) $ 1,795.22 5.72%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 93,709.11 2.76%
sui
Sui (SUI) $ 3.01 22.83%
chainlink
Chainlink (LINK) $ 15.00 8.44%
avalanche-2
Avalanche (AVAX) $ 22.43 3.80%
leo-token
LEO Token (LEO) $ 9.08 0.55%
stellar
Stellar (XLM) $ 0.268753 2.95%
shiba-inu
Shiba Inu (SHIB) $ 0.000014 2.19%
the-open-network
Toncoin (TON) $ 3.18 5.75%
hedera-hashgraph
Hedera (HBAR) $ 0.181492 2.51%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,152.76 5.31%
usds
USDS (USDS) $ 1.00 0.00%
bitcoin-cash
Bitcoin Cash (BCH) $ 359.44 0.99%
litecoin
Litecoin (LTC) $ 83.24 0.59%
polkadot
Polkadot (DOT) $ 4.09 4.71%
hyperliquid
Hyperliquid (HYPE) $ 18.29 2.92%
bitget-token
Bitget Token (BGB) $ 4.50 0.18%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.00%
weth
WETH (WETH) $ 1,792.53 5.45%
ethena-usde
Ethena USDe (USDE) $ 0.999809 0.00%
pi-network
Pi Network (PI) $ 0.663421 3.71%
monero
Monero (XMR) $ 229.30 3.08%
whitebit
WhiteBIT Coin (WBT) $ 28.60 0.35%
wrapped-eeth
Wrapped eETH (WEETH) $ 1,912.74 6.17%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 93,791.13 2.82%
pepe
Pepe (PEPE) $ 0.000009 4.48%
uniswap
Uniswap (UNI) $ 6.02 6.93%
aptos
Aptos (APT) $ 5.38 5.10%
dai
Dai (DAI) $ 1.00 0.01%
okb
OKB (OKB) $ 52.29 0.74%
near
NEAR Protocol (NEAR) $ 2.51 8.12%
bittensor
Bittensor (TAO) $ 341.06 2.28%
ondo-finance
Ondo (ONDO) $ 0.921809 3.24%
gatechain-token
Gate (GT) $ 23.64 0.17%
internet-computer
Internet Computer (ICP) $ 5.15 4.83%
official-trump
Official Trump (TRUMP) $ 13.36 49.91%
tokenize-xchange
Tokenize Xchange (TKX) $ 32.59 0.92%
ethereum-classic
Ethereum Classic (ETC) $ 16.80 3.15%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
aave
Aave (AAVE) $ 166.67 8.74%