Interesting observation.
To the best of my information Marathon does not have any GPUs for mining. They are strictly into ASIC Miners, and they have more than anyone else, except for perhaps Core Scientific. So Marathon is one of a few miners that are not pivoting toward HPC (High Performance Computing) in support of A.I. applications. And until recently they did not own most of their data centers. They opted for co-hosting thru other Data Center companies.
Marathon has the absolute largest HODL of Bitcoin at over 16,000. So they have abundant financial resources to move in any strategic direction they choose.
Currently Nvidia has a strangle hold on the GPU market for HPC for A.I and less so for Mining. Up until late last year Intel was developing a chip for Mining. But they dropped the project with out explanation. And AMD has a new chip for mining that will be released soon. It is supposed to be much more energy efficient that the Nvidia chips. So that will have some impact on the mining biz. It would not surprise me if Marathon started building their own machines optimized for Immersion Cooling.
And finally, Bitdear Technologies Group (BTDR) of Hong Kong, has developed their own chip for mining and will offer it only in completed machines. It is also supposed to be very competitive with regard to energy efficiency. It is just now coming to market.
So Bitcoin Mining, HPC, Artificial Intelligence, and Chip Design all seem to be joined at the hip and closely intertwined in various ways. For me that makes it very interesting for investing. A.I. is certainly Red Hot as an investment segment. And Bitcoin Mining is great for cash and profit generation. And both depend completely on advances in semiconductor chip design.
Good Luck to All Longs.
