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<h4><strong>With the upcoming halving, Marathon Digital, a leading name in the Bitcoin mining industry, is already laying the groundwork. </strong></h4> 
<p>The company aims to not only survive but thrive during this period. Let’s discover more about how this can affect Bitcoin Halving.</p> 
<h5><strong>Marathon’s Strategy for the Bitcoin Halving</strong></h5> 
<p>Fred Thiel, CEO of Marathon Digital, recently shared insights into the company’s preparation for the halving. He also discussed the pressure on <a href="https://www.altcoinbuzz.io/?s=bitcoin+miners" target="_blank" rel="noopener">miners</a> to find zero-cost energy sources to stay viable.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">JUST IN: Marathon Digital CEO Fred Thiel speaks on how they are preparing for the <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> halving and pressure from miners to find zero-cost energy to stay operational <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;"></p> 
 <p>“Bitcoin miners will be able to essentially take stranded energy in the form of methane biomass or what… <a href="https://t.co/M7S12XnpHx">pic.twitter.com/M7S12XnpHx</a></p> 
 <p>— Simply Bitcoin (@SimplyBitcoinTV) <a href="https://twitter.com/SimplyBitcoinTV/status/1778112344855347632?ref_src=twsrc%5Etfw">April 10, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>The Bitcoin halving, an event that halves the reward for mining <a href="https://www.altcoinbuzz.io/?s=Bitcoin+transactions" target="_blank" rel="noopener">Bitcoin transactions</a>, occurs approximately every four years. This mechanism, embedded in Bitcoin’s code, effectively reduces the supply of new bitcoins entering the market. While the halving is celebrated for its deflationary effect, it significantly reduces miners’ earnings overnight. In response, miners like Marathon Digital are seeking sustainable solutions to offset the halving’s financial challenges.</p> 
<p>Thiel elucidated that the future of Bitcoin mining hinges on leveraging stranded energy sources, such as methane biomass, to generate electricity and heat. By harnessing these otherwise wasted or unused energy sources, Marathon Digital plans to significantly reduce the operational costs associated with mining. The generated electricity supports the energy-intensive process of mining, while the byproduct heat can be sold back into industrial processes. This approach not only greenifies mining with renewable energy but also makes it economically feasible by reducing costs.</p> 
<p><a href="https://www.patreon.com/altcoinbuzz" target="_blank" rel="noopener"><img decoding="async" class="alignnone size-large wp-image-123701" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1-1024x127.jpg" sizes="(max-width: 696px) 100vw, 696px" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1-1024x127.jpg 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1-300x37.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1-768x95.jpg 768w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1-696x86.jpg 696w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1-1068x132.jpg 1068w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1.jpg 1197w" alt="" width="696" height="86"></a></p> 
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<h6><strong>Disclaimer</strong></h6> 
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p> 
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/marathons-green-mining-plan-for-bitcoin-halving/">Marathon’s Green Mining Plan for Bitcoin Halving</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

Marathon’s Green Mining Plan for Bitcoin Halving

Altcoin Buzz

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