RE:Market cap at 500 million everyone else 3 billion Marathon Holdings, has hash rate of 21.8, mine 32.6 BTC/day. They've been mining since 2012, so they hold currenty 12,538 BTC, having been able to accumulate tons in its glory days, but it costs them 17.5k to mine a BTC (2022 numbers) and for the 3 billion they are valued at, carry 730M$ worth of debt, not an insignificant number.
Bitfarms has a hash rate of hopefully 6.3 by year end, a third of MARA, so they're mining more like 12 BTC/day and their chart only goes back to 2019, so new company, and they only hold 549 BTC as per latest news, but their cost to mine one BTC is a few thousand dollars lower than MARA, and they've shrunk their debt down to 21.2M on their 1/2 billion market cap.
As for 'everyone buying MARA'.. with 245M oustanding shares, BITF traded 28M of those shares today, with the average at around 7M/day, or 2.8% of BITF shares changing hands every day. I would say there's a lot of people buying BITF as well.
Of COURSE they're not going to be worth 3 billion. duh! But they are in a much healthier position than MARA nevertheless... which begs the question, did you get caught with your pants down, cause I'm making a killing (and no, as I've stated before, not a day trader, holding long for me with a very healthy margin and price stops to protect any crash). You should listen more and talk less dude, you'd make more money and be less bitter about life in general.
B
mho.