Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Spheron & DAWN Partner to Enable Home DePIN via Black Box

29/07/2025

Is Social Media FOMO To Blame?

29/07/2025

Ethereum validators’ queue to take profits hits record high after ETH rally to $3,800

29/07/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Is Social Media FOMO To Blame?

    29/07/2025

    This Analyst Predicted Bitcoin’s Rally To $120,000 Months Ago, Here’s The Rest Of The Forecast

    29/07/2025

    If You’re Wealthy, 1 Bitcoin Should Already Be In Your Wallet, Expert Says

    29/07/2025

    Bitcoin pulls back; AI token sector market cap hits $29.6B

    29/07/2025

    Ethereum validators’ queue to take profits hits record high after ETH rally to $3,800

    29/07/2025

    Why Ethereum Will Keep Climbing in Coming Months: Bitwise

    29/07/2025

    Ethereum Validator Exit Queue Backs Up

    29/07/2025

    Ethereum (ETH) Keeps Knocking at the $3,800 Door; Thin Exchange Supply Says It Can Open Soon

    29/07/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    CryptoPunks price surges to $200k, $PUNKS loaner Gondi accused of facilitating chandelier bids

    29/07/2025

    Still Loving My ‘If It Went to Zero’ NFT

    29/07/2025

    You Can Now Buy NBA Top Shot NFTs From Vending Machines in Japan

    29/07/2025

    Ordinals soar on the back of Bitcoin art – Here are our top 7 picks

    28/07/2025

    Spheron & DAWN Partner to Enable Home DePIN via Black Box

    29/07/2025

    Is Social Media FOMO To Blame?

    29/07/2025

    Ethereum validators’ queue to take profits hits record high after ETH rally to $3,800

    29/07/2025

    Bakkt Sells Loyalty Business and Pivots to Pure-Play Crypto, Offers Shares

    29/07/2025
  • Blockchain

    Spheron & DAWN Partner to Enable Home DePIN via Black Box

    29/07/2025

    Imagen Network Partners with Cribble Chat to Empower User Experience with Advanced Web3 Tools 

    29/07/2025

    The Role of Blockchain in Modern Digital Transactions

    29/07/2025

    MyShell Launches ShellAgent 2.0 with BNB Chain

    29/07/2025

    Boundless and Union Partner to Unlock Infinite Blockchain Scaling with ZK Tech

    29/07/2025
  • DeFi

    SimplePro Launches Beta of Non-Custodial Crypto Swap Platform

    29/07/2025

    Clearmatics’ New DeFi Derivatives Let Traders Bet on Anything, but It’s Not a Prediction Market

    29/07/2025

    Bitsolara Joins Forces with Helix Labs in Developing Next-Gen DeFi Income-Generating Products

    29/07/2025

    Ethereum Wallet MetaMask Adds Stablecoin Yield With DeFi Giant Aave

    29/07/2025

    DeFi Sector TVL Hits 3-Year High of $153B as Investors Rush to Farm Yields

    29/07/2025
  • Metaverse

    AntVerse Integrates Terminus to Transform AI-Powered Metaverse with Web3 Payments

    25/07/2025

    The Sandbox Launches Largest LAND Auction Using GBM Protocol

    21/07/2025

    Elon Musk’s xAI Quietly Fixed Grok by Deleting a Line of Code

    09/07/2025

    Bonk.fun Grabs 55% of Solana Token Issuance Share, Pushes BONK Demand

    08/07/2025

    Apple’s Top AI Exec Leaves For Meta Amid Aggressive Hiring Trend

    08/07/2025
  • Regulation

    Bakkt Sells Loyalty Business and Pivots to Pure-Play Crypto, Offers Shares

    29/07/2025

    Crypto exchange Bakkt plans public offering to raise funds for Bitcoin purchases

    29/07/2025

    Here’s why Metaplanet stock price is stuck in a bear market

    29/07/2025

    What Percentage of the US Population Owns Cryptocurrency? Are We Still in the Early Stages?

    29/07/2025

    Crypto funds post $1.9B inflows as Ether leads weekly gains

    29/07/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Coinbase’s Bitcoin Cache Hits 2.9M—Here’s Who’s Behind the Stack

    29/07/2025

    Sam Bankman-Fried and FTX Could Have Made $12 Billion From Anthropic

    29/07/2025

    Binance Delays This Airdrop, Here’s Why

    29/07/2025

    Uniswap v4 Hits $1B TVL as Unichain and Ethereum Lead Activity

    29/07/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    On-Chain Games Don’t Have a ‘Secret Sauce,’ YGG’s New Advisor Says

    28/07/2025

    Octo Gaming Teams Up with Starknet for Exclusive Rollup-Powered Game Launch

    25/07/2025

    Off the Grid Skin Sale Volume Hits $30K as the Avalanche Shooter Hits OpenSea

    25/07/2025

    Axie Infinity Creator Sky Mavis Backs New BORA-Integrated Game on LINE NEXT App

    24/07/2025

    Solo Bitcoin Miner Beats the Odds to Mine Entire Block

    29/07/2025

    Bitcoin Miner MARA Holdings Upgraded to Overweight at JPMorgan; IREN and Riot Cut to Neutral

    28/07/2025

    Mining Profitability Climbed Over 5% in June as Hashrate Fell, BTC Price Rose: Jefferies

    28/07/2025

    Bitcoin’s Hashrate Brushes All-Time High as Miners Close in on June Peak

    28/07/2025

    New Zealand Bans Crypto ATMs Under Stringent AML Rules

    28/07/2025

    Solana, Pump.fun Named in Amended RICO Suit Alleging $5.5B Meme Coin Gambling Scheme

    28/07/2025

    Trump’s Crypto Working Group Set to Deliver Report—What Experts Expect To See

    28/07/2025

    Ex-SEC Lawyer Says XRP Lawsuit Will Be Long Over Before 2026

    28/07/2025

    Spheron & DAWN Partner to Enable Home DePIN via Black Box

    29/07/2025

    Is Social Media FOMO To Blame?

    29/07/2025

    Ethereum validators’ queue to take profits hits record high after ETH rally to $3,800

    29/07/2025

    Bakkt Sells Loyalty Business and Pivots to Pure-Play Crypto, Offers Shares

    29/07/2025
  • MarketCap
NBTC News
Home»Bitcoin»Marathon Digital Holdings CEO Discusses Bitcoin Landscape
Bitcoin

Marathon Digital Holdings CEO Discusses Bitcoin Landscape

NBTCBy NBTC17/08/2024No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


In a recent interview with CryptoSlate at BTC Prague 2024, Fred Thiel, CEO of Marathon Digital Holdings, shared his insights on several critical aspects of the Bitcoin landscape, focusing on transaction fees, hash rate resilience, and global expansion initiatives.

Transaction Fees and Future Trends

Thiel highlighted the conditions of Bitcoin transaction fees, noting that large payloads requiring prioritization drive higher fees. He emphasized that transaction volume in the mempool is the primary driver, with various value-added services built on top of base transaction fees. Thiel likened it to a tiered system, where first-class services guarantee transaction finality and lower-tier services operate on a less specific basis. Thiel predicts that over time, transaction fees will surpass the block subsidy.

“transaction fees will surpass the block subsidy, especially as the block subsidy continues to decrease”.

Addressing the resilience of the Bitcoin hash rate, Thiel pointed out that despite predictions of a significant drop post-halving, the actual decline was less severe. He attributed this resilience to the growth announcements from both public and sovereign miners. Thiel expects public miners to consolidate and form a smaller percentage of the global hash rate due to the entry of new sovereigns and other private entities into the mining space, which would dilute the overall share held by public miners.

Global Expansion Initiatives

Thiel also discussed Marathon’s expansion into Kenya and the UAE. He explained that these initiatives involve strategic partnerships at the sovereign level, leveraging unused energy resources to create foreign direct investments, job opportunities, and governmental revenues. Thiel highlighted the role of the US government, particularly Ambassador Meg Whitman, in facilitating these ventures. He underscored the collaboration with tech giants like Microsoft and Google to enhance these projects.

“It’s all really one big initiative, which is to monetize unused energy in Kenya,”

The interview also touched on Marathon’s recent inclusion in the S&P 600, noting a solid trading volume and increased institutional investment, with entities like BlackRock acquiring significant stakes. Thiel mentioned that while institutional interest is growing, the company also faces heightened short interest due to its high liquidity.

Regarding the political climate, Thiel observed a bipartisan interest in supporting Bitcoin and Bitcoin mining in Congress, contrasting with the executive branch’s stance. He emphasized Marathon’s support for political candidates that are favorable to the digital assets industry.

Operational Updates

Lastly, Thiel addressed operational challenges, including recent transformer issues that affected their Ellendale site. He stated that the site is now 85% operational and will be entirely online soon.

Thiel’s insights reflect Marathon Digital Holdings’ strategic positioning and resilience in the evolving digital assets market.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Is Social Media FOMO To Blame?

29/07/2025

This Analyst Predicted Bitcoin’s Rally To $120,000 Months Ago, Here’s The Rest Of The Forecast

29/07/2025

If You’re Wealthy, 1 Bitcoin Should Already Be In Your Wallet, Expert Says

29/07/2025

Bitcoin pulls back; AI token sector market cap hits $29.6B

29/07/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Spheron & DAWN Partner to Enable Home DePIN via Black Box

29/07/2025

Is Social Media FOMO To Blame?

29/07/2025

Ethereum validators’ queue to take profits hits record high after ETH rally to $3,800

29/07/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.