MARA’s Bitcoin Output Craters 25% as Mining Gets Brutal—Can They Survive the Squeeze?
Bitcoin miners are feeling the heat—literally and figuratively. Marathon Digital (MARA) just reported a jaw-dropping 25% plunge in production as the mining landscape turns hostile. Here’s why the stakes have never been higher.
The Perfect Storm: Hashrate Wars & Energy Chaos
Network difficulty is skyrocketing, electricity costs are eating margins, and institutional miners are playing a zero-sum game. MARA’s slump isn’t an anomaly—it’s a warning shot for the entire sector.
Wall Street’s Mining Fantasy Meets Reality
Remember when analysts claimed publicly traded miners would ‘dominate’ Bitcoin? Cue the violin music. Even with NASDAQ-listed advantages, MARA’s bleeding output proves decentralization bites back. Maybe pivot to AI narratives?
The Silver Lining (If You Squint)
Survival-of-the-fittest mode could purge weak hands, leaving efficient operators standing. But with Bitcoin’s next halving looming, the clock’s ticking. Miners: adapt or die.