When miners look at AI, what is the big risk you see?
Replied byFred Thiel
Chairman and CEO, MARA Holdings at MARA Holdings
Niche: Cryptocurrency, AI, Technology, Finance
Revenue: $1M+/month
Location: USA
Started: 2010
Borrowing against Bitcoin to invest in AI can be a challenging situation. If Bitcoin price is depressed, those profiles can go negative and it causes issues. Miners should stay focused on mining Bitcoin, then leverage the assets they already have and convert them into higher value options carefully.
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This answer is part of a full interview with Fred Thiel, Chairman and CEO, MARA Holdings at MARA Holdings.
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