Bitcoin miners are turning their attention to the booming AI sector, and Marathon Digital isn’t any different.

Marathon Digital Holdings (MARA), one of the largest publicly traded Bitcoin miners in the world, aims to keep pointing investments specifically designed to build out applications on the Bitcoin blockchain, including developments in the AI sector.

“It’s very critical that data that gets published can be validated as authentic and there’s no better way to do that than using a blockchain with technology like the Bitcoin blockchain as it is fully decentralized,” Marathon CEO Fred Thiel said in an interview with Decrypt.

He emphasized that the Bitcoin blockchain can’t be controlled or manipulated by the central authority or government, which means there’s no censorship. This, according to Thiel, makes it “a perfect place to store data.”

“We believe that over time you’re going to see that blockchain technologies and AI have a very tight coupling,” said Thiel.

Earlier this year, Marathon invested in Go to Source to See Full Article
Author: Andrew Asmakov

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