Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

MARA CEO Prioritizes AI Over Bitcoin Mining Amid Energy Shift

Guavy AI Editorial Team
Instruments
BTC
Share

MARA CEO Fred Thiel recently stated that AI infrastructure can generate higher returns than Bitcoin mining. According to MARA, electricity used for AI can bring in more revenue than using it for Bitcoin mining.

The company plans to continue mining in regions where low-cost or surplus energy is economically attractive. This approach is part of a larger strategy to expand its operations and reduce costs.

MARA has been acquiring sites previously hosting miners since late 2023, with the goal of owning infrastructure supporting around 70% of its operations by the end of 2024. After this milestone, the company will focus on energy assets.

More on Crypto

Crypto just now

Ethereum L2 TVL Slumps Amid Methodology Changes and Rotations

Crypto 1m ago

Senate Delays Digital Asset Market Clarity Act Until September

Crypto 1m ago

Crypto Hacks Hit Record 212 Incidents in First Half of 2026

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy