MARA CEO: Using Electricity for AI Is Far More Profitable Than Bitcoin Mining Fred Thiel Fred Thiel, CEO of MARA, one of the world's largest publicly listed Bitcoin mining companies, said in a July 23 interview with Natalie Brunell that electricity has become the industry's most critical resource, as... the same amount of power can generate far greater returns when used for AI than for Bitcoin mining. This is why MARA and many of its peers are shifting toward AI data centers. However, MARA will continue mining Bitcoin, as it remains an effective way to utilize surplus electricity in regions where energy is free or inexpensive.show more

@fgthiel 说电力是核心资源这点很准，但好奇AI数据中心对电网的长期压力真的比矿场小吗，还是只是换个地方烧电

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@fgthiel Electricity is becoming a strategic asset. Whether it's AI infrastructure, telecom networks, or mining, access to reliable power is increasingly shaping where and how digital infrastructure gets built.

@fgthiel When the miners start cosplaying as Nvidia, you know the hashprice chart looks like a war crime.

@fgthiel The shift is real. AI workloads actually need uptime and deliver measurable output, unlike random hash calculations.

@fgthiel the interesting shift isn't the margin math, it's that anyone holding mara as a bitcoin proxy is now holding a partial ai data center bet without repricing the position. same ticker, different risk.

@fgthiel The growing demand for AI infrastructure is reshaping how companies think about energy allocation. It'll be interesting to see how firms balance opportunities across AI computing and Bitcoin mining.

MARA CEO ADMITS THE OBVIOUS – AI DATA CENTERS ARE FAR MORE PROFITABLE PER WATT THAN #BitcoinMining. THIS IS WHY MARA AND PEERS ARE PIVOTING – BUT THEY'LL KEEP MINING WITH SURPLUS ENERGY WHERE ELECTRICITY IS NEARLY FREE. THE REAL STORY? #EnergyEconomics IS NOW THE BOTTLENECK FOR BOTH AI AND BTC – THE WINNER IS THE ONE WITH CHEAPEST POWER. #MARA #AIvsBTC #CryptoMining

@fgthiel bro just said "per electron" lmaooooo

@fgthiel hahahhahahahah hahahahahahahahahahah

@fgthiel GLH I'm betting on MARA's AI juice over BTC hashpower any day

@fgthiel 矿企拿电去搞人工智能就像转行去搞副业结果真香了

@fgthiel How electricity using for AI is more profitable

@fgthiel AI delivering better returns on the same power is a hard number to ignore. @21_XBT weighs resource allocation with a cold eye, which makes the shift feel less surprising.

@fgthiel

@fgthiel Electricity is the new gold rush for AI.

@fgthiel MARA ưu tiên AI hơn BTC. Chúng mình vẫn giữ mining như cách dùng điện dư.