Close Menu
ApeWatcher News
  • Home
  • Advertise
  • Headlines
  • Crypto
    • News
    • Bitcoin
    • Ethereum
    • Altcoin
    • View All
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos
  • Listing Platform
  • BSC
  • ETH
  • Listing Platform
  • BSC
  • ETH
What's Hot

‘Major Wake-Up Call’: How $400M Coinbase Breach Exposes Crypto’s Dark Side

May 22, 2025

XRP Price Watch: Bullish Patterns Signal Breakout Potential

May 22, 2025

Solana price fractal targets rally to $260, but one thing must happen first — Analysts

May 22, 2025
X (Twitter) Telegram
  • Listing Platform
  • Home
  • BSC
  • ETH
Advertise
X (Twitter) Telegram
ApeWatcher News
  • Headlines
  • Crypto
    1. News
    2. Bitcoin
    3. Ethereum
    4. Altcoin
    5. View All

    ‘Major Wake-Up Call’: How $400M Coinbase Breach Exposes Crypto’s Dark Side

    May 22, 2025

    XRP Price Watch: Bullish Patterns Signal Breakout Potential

    May 22, 2025

    Solana price fractal targets rally to $260, but one thing must happen first — Analysts

    May 22, 2025

    Crypto Trader Says Bitcoin Has Entered Price Discovery, Updates Outlook on Ethereum, Solana and Dogecoin

    May 22, 2025

    Bitcoin could go much higher due to lack of FOMO and futures market euphoria — Analysts

    May 22, 2025

    BTC price eyes $112K as risk assets ‘ignore bad news’ on unemployment

    May 22, 2025

    Binance scores legal win as UK court partially dismisses Bitcoin SV lawsuit

    May 22, 2025

    Bitcoin tops Amazon market cap on ‘Pizza Day’ as price sets new highs

    May 22, 2025

    Bitcoin Primed To Go Higher Faster Than Expected, Says Analyst Michaël van de Poppe – Here Are His Targets

    May 22, 2025

    Whale buys back ETH holdings after missing $2.6M gain

    May 22, 2025

    Ethereum holders back in profit as ETH price enters ‘crucial area’ for $3K breakout

    May 21, 2025

    Arthur Hayes Gives Portfolio Update, Says ‘Nasty Correction’ Could Be Approaching This Year for Crypto

    May 21, 2025

    Solana price fractal targets rally to $260, but one thing must happen first — Analysts

    May 22, 2025

    Crypto Trader Says Bitcoin Has Entered Price Discovery, Updates Outlook on Ethereum, Solana and Dogecoin

    May 22, 2025

    XRP futures OI rises 25% as price chart ‘bull flag’ targets $14

    May 22, 2025

    Which 4 memecoins will outperform Bitcoin this crypto bull cycle?

    May 22, 2025

    ‘Major Wake-Up Call’: How $400M Coinbase Breach Exposes Crypto’s Dark Side

    May 22, 2025

    XRP Price Watch: Bullish Patterns Signal Breakout Potential

    May 22, 2025

    Solana price fractal targets rally to $260, but one thing must happen first — Analysts

    May 22, 2025

    Crypto Trader Says Bitcoin Has Entered Price Discovery, Updates Outlook on Ethereum, Solana and Dogecoin

    May 22, 2025
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Videos

    Bitcoin PUMPING! We Predicted It PERFECTLY!

    May 22, 2025

    BITCOIN to $200K?! (BEST Altcoins to Buy NOW!)

    May 22, 2025

    BlackRock & Chainlink: Predicting the Future of Digital Assets!

    May 22, 2025

    Bitcoin Hits New ALL TIME HIGH: Here's WHY (Japan Economy Imploding)

    May 22, 2025

    HURRY: Bitcoin's Move From $110K To $125K Will Be QUICK!!!

    May 21, 2025
ApeWatcher News
Home » Bitcoin Miners Drawing Power From Grids Will Face ‘Reckoning’ Post Next Halving, MARA Says
Bitcoin Miners Drawing Power From Grids Will Face ‘Reckoning’ Post Next Halving, MARA Says
News

Bitcoin Miners Drawing Power From Grids Will Face ‘Reckoning’ Post Next Halving, MARA Says

CoindeskBy CoindeskFebruary 26, 20250 ViewsNo Comments
Share
Facebook Twitter LinkedIn Pinterest Email

Bitcoin miners that are still drawing electricity from grid-attached power sources will struggle after the next halving event in 2028, MARA Holdings (MARA) said in a shareholder letter.

“For those miners still relying on grid-attached power, the writing is on the wall. Energy costs will only rise. The 2028 halving will likely force another industry-wide reckoning. Many may not survive,” the letter said.

The statement comes as the mining industry has already been struggling to stay profitable following a recent halving event that saw bitcoin rewards cut in half, forcing some miners to diversify their revenue sources into high-performance computing (HPC) and artificial intelligence (AI).

Read more: AI Is Here, but That Doesn’t Mean Bitcoin Miners Are Finished: Blockspace

MARA, one of the largest bitcoin miners, said that in such a competitive market, miners would need to differentiate themselves or would risk falling behind and struggling to stay profitable. “Those that fail to differentiate will be relegated to being price takers in an increasingly competitive market.”

The miner’s solution, which it claims to have already taken an “early lead,” is to secure low-cost energy, vertically integrate their operations and expand beyond the traditional bitcoin mining business- alluding to the fact that miners need to cater to other computing needs such as AI and HPC.

“Our ability to acquire sites and generate low cost energy, activate depreciated hardware and energy assets, and run a vertically integrated model – from software and hardware, and now, to energy generation – will provide us greater control over costs.” To this end, MARA most recently bought a Texas wind farm that would lower the miner’s power costs.

MARA said it has also ramped up development and sales of data center infrastructure, which will become the base layer of infrastructure for any computing needs.

“Whether for bitcoin mining or AI inference, we believe our technologies will activate others to build while MARA provides the picks and shovels to deploy new systems and services, such as energy management, load balancing, and infrastructure,” MARA said.

The miner also reported its fourth-quarter earnings, where its sales of $214.4 million beat the average analyst estimate of $187.8 million, according to FactSet data. MARA stock rose more than 8% in the post-market trading, while bitcoin was down 4.2% on Wednesday.
Read more: Bitcoin Hashrate Growth Slows Amid Tough Market Conditions for Smaller Miners



Read the full article here

Follow us on Google News to get the latest Updates

 
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

‘Major Wake-Up Call’: How $400M Coinbase Breach Exposes Crypto’s Dark Side

May 22, 2025

XRP Price Watch: Bullish Patterns Signal Breakout Potential

May 22, 2025

Solana price fractal targets rally to $260, but one thing must happen first — Analysts

May 22, 2025

Crypto Trader Says Bitcoin Has Entered Price Discovery, Updates Outlook on Ethereum, Solana and Dogecoin

May 22, 2025

ECB Warns of Major Downside Risk As Stock Market Goes ‘Out of Sync’ With Geopolitical Uncertainty

May 22, 2025

Justin Sun-Linked Wallet Leading Access to Trump Dinner Tagged as Belonging to HTX

May 22, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Articles

‘Major Wake-Up Call’: How $400M Coinbase Breach Exposes Crypto’s Dark Side

May 22, 2025

XRP Price Watch: Bullish Patterns Signal Breakout Potential

May 22, 2025

Solana price fractal targets rally to $260, but one thing must happen first — Analysts

May 22, 2025
ApeWatcher News
X (Twitter) Telegram
  • Privacy Policy
  • Sources
  • Terms and Conditions
  • Contact
  • Advertise
© 2025 Ape Watcher News

Type above and press Enter to search. Press Esc to cancel.