riffy
2023-08-02

$Marathon Digital Holdings Inc(MARA)$

$MARA 2022 mining results 4,144 coin. It took just 5 months this year to achieve the same results, though mining difficulty is significantly higher this year. Now, at 6,293, it took just 2 more months to achieve slightly better than 50% YOY improvement. In just 2 more months, it will be 100% YOY. With the final 3 months of the year, it is very plausible that this margin will grow to 200% YOY. MARA will mine over 12,000 coin this year. The hodl should be around 16k coin. If bitcoin is around 30k, that's $480m in the value of the coin alone. I think it's easy to see what happens as bitcoin appreciates. No other miner is currently mining over 1k per month and increasing hodl. There is simply no better choice.

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