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Author: Admin | 2025-04-27
Explore the future of Bitcoin mining with Charlie Schumacher in this conversation. Learn about Marathon's unique strategy of vertical integration and how they aim to add value beyond mining. Dive into the discussion about utilizing excess energy for various purposes. Gain insights into Bitcoin's energy consumption and its market-driven nature.Transcripts are autogenerated. May contain Typos.00:01[Music] hello everybody this is Hash up once more I'm today joined by Charlie schuma is that pronounced correctly Charlie you can say it better than I can it's the German pronunciation like the race driver right um today we're going to get into what Marathon does um or has been doing and is still planning to do before the Haring I think going to be very interesting episode so thank you very much for coming on during the holidays while we're recording it's the 28th of of December so I really00:37appreciate you uh being here between Christmas and the new year I know that's always a a tough time to make appointments so so thank you very much um before we get into it Charlie what's the current block height can you give us that please oh uh off hand uh I don't know you read it to me a second 8 23300 8233 0 um the current hash rate uh 30-day hash rate is at 500 xra hes per second steadily climbing we already reached that that yearend Target of 500 uh that I know some people have had and the hash price currently sits at01:1910379 um and the hash price for May according to the Lexa Lexa Futures forward hash price it's just at around 50 where do you think it's going to be at it's 50 reasonable would you we buying here or not uh 50 sorry 50 by what time by May yeah $50 per P yeah uh for hash price uh that seems aggressive but it all depends on like what happens to bitcoin right um the that's really like the driving function and hash price over the short time frame uh right because it's There's real world constraints in mining it takes time to02:02buy miners buy facilities build them out like add miners online so it really just completely depends on what happens to the price of Bitcoin over the next few months um for me that maybe feels a little aggressive uh by May um but by end
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