The world’s largest publicly traded Bitcoin miner is cutting 15% of its workforce and pivoting hard into AI and digital infrastructure.
Turns out burning massive amounts of electricity to mine increasingly expensive-to-mine Bitcoin isn’t that profitable anymore when difficulty is through the roof.
To fund the transition, MARA has already dumped over 15,000 BTC worth roughly $1 billion into the market.
Yesterday’s biggest Bitcoin maximalists and “decentralization revolutionaries” are happily switching sides — because renting power to AI companies for stable fiat cash is just… better business 😏
Mining as we knew it is slowly turning into a relic of the past.
DYOR, not advice — but if even MARA is giving up on pure BTC mining… maybe the signal is getting loud.
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