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We Support the Energy Transformation

MARA helps solve the challenges of the energy transformation by providing innovative solutions to the energy sector and beyond. MARA’s goal is to convert unused or underutilized energy, like excess generation from renewables, and alternative sources, such as captured methane and biogas, into economic value. We also offer advanced technology solutions to optimize your data center operations.

Our Pillars

Utility-Scale Computing

MARA’s Utility-Scale Computing business monetizes excess power generation by deploying large, flexible, grid-connected data centers that serve as interruptible base load customers. Our data centers help improve the economic viability of energy projects by reducing curtailment and support power grid operations by balancing power supply and demand.

Energy Harvesting

MARA’s Energy Harvesting business transforms unconventional energy sources, such as landfill waste, food processing byproducts, and flared gas from oil fields, into usable electricity. These remote sites often face challenges in producing and utilizing electricity due to location, modest power outputs, and economic factors. MARA overcomes these obstacles by using generated electricity to power modular data centers. Additionally, heat from our data centers can be recycled for industrial use cases like district heating.

Technology Suite

Originally developed for our own operations, MARA’s Technology Suite is now available to customers seeking to optimize their data center operations. Our advanced cooling technology, 2PIC, delivers exceptional performance, efficiency, and space savings, ensuring operations stay cool even under the most extreme conditions. Additionally, our custom firmware improves Bitcoin mining efficiency and performance.

Vertically Integrated Technology

Vertically integrating the Bitcoin mining tech stack

We either control or influence each aspect of the Bitcoin mining technology stack, from the pool down to the ASIC. We operate our own mining pool (“MaraPool”), build custom firmware, invest in hardware, and design infrastructure (e.g., immersion cooling systems). By vertically integrating our technology, we aim to improve efficiency, increase innovation, and streamline our operational processes.

Bitcoin Treasury

To HODL or Not to HODL, that is the question

We HODL (hold) a large amount of bitcoin as a tenet of our corporate treasury strategy. We take a long-term view on bitcoin’s value, but we also reinvest the commodity we produce to enhance our operations. At any given time, Marathon frequently ranks among the largest holders of bitcoin among publicly traded companies in the United States.

Diversified Operations and Strategy

An investment portfolio approach to Bitcoin mining

Like a traditional investment portfolio, we are diversified. We have operations in two countries and multiple states. Depending on the situation, we will leverage various strategies and business models, including outsourcing to third-party hosting providers or self-hosting, to deploy our miners.

Sustainable Energy

Soaking up stranded energy

When feasible, we deploy our Bitcoin miners near sustainable sources of power, which may include wind, solar, hydro, nuclear, and biofuel. We strive to soak up excess or stranded renewable energy to enhance the viability of renewable projects and to help stabilize power grids in the regions in which we operate.  

Vertically Integrated Technology

Vertically integrating the Bitcoin mining tech stack

We either control or influence each aspect of the Bitcoin mining technology stack, from the pool down to the ASIC. We operate our own mining pool (“MaraPool”), build custom firmware, invest in hardware, and design infrastructure (e.g., immersion cooling systems). By vertically integrating our technology, we aim to improve efficiency, increase innovation, and streamline our operational processes.

Bitcoin Treasury

To HODL or Not to HODL, that is the question

We HODL (hold) a large amount of bitcoin as a tenet of our corporate treasury strategy. We take a long-term view on bitcoin’s value, but we also reinvest the commodity we produce to enhance our operations. At any given time, Marathon frequently ranks among the largest holders of bitcoin among publicly traded companies in the United States.

Diversified Operations and Strategy

An investment portfolio approach to Bitcoin mining

Like a traditional investment portfolio, we are diversified. We have operations in two countries and six states. Depending on the situation, we will leverage various strategies and business models, including outsourcing to third-party hosting operators or joint venturing with vetted collaborators, to deploy our miners.

Sustainable Energy

Soaking up stranded energy

When feasible, we deploy our Bitcoin miners near sustainable sources of power, which may include wind, solar, hydro, nuclear, and biofuel. We strive to soak up excess or stranded renewable energy to enhance the viability of renewable projects and to help stabilize power grids in the regions in which we operate.  

Vertically
Climate, Culture, & Community
Environmental.
Social.
Governance.

We are committed to doing good and doing it well. We leverage digital asset compute because we believe in its potential to be a force for good.  By committing to operate with integrity and respecting ourselves, each other, and our environment, we strive to make the world a better place than we found it, and we aim to inspire others to do the same.

Climate

We are in the process of decarbonizing our business by reducing scope 1, 2, and 3 emissions and ultimately achieving 100% carbon neutrality. While our computing operations themselves emit no emissions, we strive for our data centers to derive as much of their power as possible from sustainable, non-carbon emitting power sources, which may include wind, solar, hydro, nuclear, and biofuel.

Additionally, some of our data centers have the potential to mitigate methane emissions and recycle waste heat. For instance, one of our pilot projects converts landfill methane into electricity for digital asset compute, reducing emissions. Another pilot project in Finland recycles heat from our operations to warm a community of 11,000 residents, decreasing reliance on traditional, high-emission heating sources.

Culture

Our culture is built on core values that guide everything we do: Do What's Right, CANI (Constant and Never-Ending Improvement), Trust, Clarity of Communication, Readiness and Urgency, Having a Solution Mindset, Integrity and Transparency, and Reliability. These values shape our approach to work and interactions, nurturing a positive and productive environment.

We are committed to creating a work environment that is welcoming, respectful, and inclusive of everyone. We are proud to promote the principles of diversity, inclusion, and belonging both inside and outside of our business. Additionally, we are honored to be rapidly growing the number of veterans in our workforce through our partnership with Cohen Partners, a strategic military placement agency.

Community

We achieve a positive community impact by investing in local data centers, creating quality jobs, and contributing to local and state tax revenues to fund essential services. We support communities by hiring local, sourcing from local businesses, volunteering, and supporting schools, nonprofits, and community projects. During critical times, we voluntarily power down our operations to return power to critical businesses and infrastructure.

We also support digital asset networks (i.e., Bitcoin) that enhance financial inclusion and empower economic freedom globally. By sustainably deploying computational power (“hash rate’), we help make digital assets more secure and decentralized. Additionally, we support organizations such as the Bitcoin Policy Institute, Brink, Texas A&M, Summer of Bitcoin, and Women in Bitcoin, furthering our commitment to the digital asset ecosystem and its diverse community

Interested in collaborating, funding, mentorship, or strategic partnerships?

Contact Us

Meet the Executive Team

Fred Thiel

CHAIRMAN  & CEO

team-member

Salman Khan

CHIEF FINANCIAL OFFICER

Zabi Nowaid

General Counsel & Corporate Secretary

Jim Crawford

CHIEF OPERATING OFFICER

Adam Swick

CHIEF GROWTH OFFICER

John Lee

CHIEF ACCOUNTING OFFICER

Ashu Swami

CHIEF TECHNOLOGY OFFICER

John B Ellis

CHIEF ACCOUNTING OFFICER

Manoj Narender Madnani

Managing Director,
EMEA Region

Careers

Interested in joining the MARA team?
Check out our Careers Page.

Contact MARA

Investor Relations

T: 800.804.1690
ir@mara.com

Company Contact

MARA
‍101 NE 3rd Ave. #1200
Fort Lauderdale, FL 33301
T: 800.804.1690
F: 703.997.7320
info@mara.com

Media Inquiries

T: 800.804.1690

mara@wachsman.com

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