$Marathon Digital Holdings Inc

$Marathon Digital Holdings Inc(MARA)$ What is the argument for mining at a loss vs just buying from an exchange? And if the bitcoin price levels out does that mean the end of Marathon? My concern is that AI is going to outcompete miners for energy, and the price of energy will rise dramatically in the next two years. There is a new paradigm here that may cause people to panic, and I don't want to see that.

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