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Re: conix post# 13474

Thursday, 06/02/2022 11:35:54 AM

Thursday, June 02, 2022 11:35:54 AM

Post# of 14769
Good analysis showing MARA stability: Charlie Schumacher, a spokesperson for Marathon, says the company paid for most of its newer mining rigs “far below the current market rate”—except for last-generation rigs like the 78,000 it ordered in December. He says that Marathon’s “asset-light model,” by which it partners with hosting services rather than building its own infrastructure, protects the company from the issues the industry is experiencing.

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