"We expect the company will report a strong acceleration in Q/Q revenue growth due to a nearly 50% increase in avg BTC price from 3Q23. Additionally, transaction fees have been markedly higher in 4Q23, making up about 11% of miner rewards, from just 2% in 3Q23," Petersen said.
Peterson will also look for Marathon's plans to move its business toward self-hosted mining and buy up more bitcoin mining computers.
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