Chairman and CEO, MARA Holdings at MARA Holdings
If you own and operate sites, your cost per kilowatt hour is lower than hosted models. Hosted operators pay more and feel it first when Bitcoin comes down into the 80s or 90s. At our owned and operated sites, we have some of the lowest costs in the industry, which protects margins.
This answer is part of a full interview with Fred Thiel, Chairman and CEO, MARA Holdings at MARA Holdings.
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