Fred Thiel: Why Bitcoin Miners Are Pivoting to AI
Coin Stories with Natalie Brunell

Fred Thiel: Why Bitcoin Miners Are Pivoting to AI

2026-07-23
What does the future of Bitcoin mining actually look like? This week, Fred Thiel joins Coin Stories for a candid, wide-ranging conversation. Fred runs MARA (formerly Marathon Digital Holdings), one of the biggest public Bitcoin miners in the world. We get into why so many miners are pivoting to AI, what it means for Bitcoin, and his honest, big-picture read on where Bitcoin fits as an asset — including why he says power, not chips, has become the most valuable resource in tech, and why that puts s...
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