We discuss Marathon’s 2022 including the storm that knocked out its Hardin site, getting 9 EH/s online, EGS regulations, OFAC compliance, if the hosting model is broken or not, Marathon’s finance strategy and why Marathon hasn’t sold its Bitcoin.

https://marathondh.com/mining

Charlie Schumacher: https://twitter.com/charlieschu

Will Foxley: https://twitter.com/wsfoxley

TIMESTAMPS:

00:00 Start

00:35 Intro

09:33 Storm that knocked miners offline

14:02 MARA projecting only 9 exahash

18:49 Getting off coal as an energy source

23:32 Mining pools and OFAC compliance

30:56 ASIC hosting as a business model

36:39 Asset & counterparty risk

42:49 Next gen ASICs & efficiency

44:07 Financing & debt risk

46:04 Keeping BTC in reserve

00:51:26:01 MARA bear market strategy

00:55:16:05 Global energy opportunities

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