Malmal
11-12 09:56

# MARA Earnings Coming! Will the Mining Stock Return to $30?

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  • Strategy 1
    ·11-13 09:11
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    I am not so sure about that. With bitcoin halving it also becomes more expensive for all miners to mint a coin. See Mara earnings yesterday, bitcoin price must go up significantly to warrant such a price target and miners must hold their btc. Good thing halving is done for the next few years and given the changing support from us gov btc will run higher so they will hit that target in time or temporarily during spikes given good news and FOMO
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    • Strategy 1Replying toMalmal: 
      I agree and I read mara earnings, still doesn’t mean the stock is worth 40 now. Given trumps pro crypto it will be in the future
      11-13 14:04
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    • Malmal: 
      Marathon Digital's Q3 2024 earnings miss was primarily due to a combination of revenue declines and unexpected operational expenses. To counter Bitcoin halving, Marathon Digital is working to lower its energy costs and increase efficiency by deploying more energy-efficient mining rigs. They are also exploring alternative energy sources, like stranded energy and renewable options, to reduce dependency on traditional power. Additionally, the company is piloting projects to recycle the heat from mining operations for additional revenue streams, such as heating greenhouses. These efforts aim to make their mining more sustainable and profitable, even as block rewards halve, which would otherwise cut their mining revenue. They have also increased hash rates


      With Donald Trump elected as the president and the promises he promised. Country probably gonna make it cheaper for them to continue to do bitcoin mining
      11-13 10:05
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  • koolgal
    ·11-13 11:14
    Bitcoin will be 100k soon. 🚀🚀🚀🌛🌛🌛💰💰💰
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