MARA Market Director: In the future, mining companies should merge with power companies and acquire chip manufacturers to enhance competitiveness

BlockBeats News, June 27th, Clark Soucy, Market Intelligence Director of the cryptocurrency mining company MARA, shared today at the "Night of the Big Dog · Hong Kong" global sales event that MARA had acquired a data center two years ago to expand its scale, and recently also acquired a wind farm in Texas to obtain cheap and reliable energy.

Currently, in the U.S. cryptocurrency mining sector, due to the impact of the AI frenzy, electricity prices have soared; major companies such as Microsoft are willing to pay above-market prices for electricity, affecting cryptocurrency mining companies.

In the future, mining companies will need to merge with power companies to gain an advantage.

At the same time, currently, most mining machine chips are from Samsung and TSMC, and Clark Soucy is uneasy about the uncertainty of the future chip industry. Clark Soucy said, "Mining companies need to not only have their own power supply but also make their own mining machines."