About the company
Marathon Digital Holdings is focused on securing and supporting the development of the Bitcoin ecosystem by building one of the largest, most agile, and most sustainable bitcoin mining operations in the world. Weāre growing ā quickly. At the start of 2021, we were operating 2,060 miners that were producing 0.2 EH/s. By Mid 2023, we expect to have deployed approximately 199,000 miners producing approximately 23.3 EH/s, potentially representing 7% of the total network according to some estimates (source). Additionally, our objective is for our mining operations to be 100% carbon neutral by the end of this year. Weāre here to help make Bitcoin more secure and more widely adopted by bringing a professional and innovative approach to securing the blockchain.
Job Summary
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
šStrategic Analysis: Develop and execute strategies to gather, analyze, and interpret data related to Bitcoin mining industry trends, market dynamics, and competitive landscape. šIndustry Trends: Stay abreast of industry developments, regulatory changes, and technological advancements impacting Bitcoin mining. šForecasting: Develop models to predict mining profitability, network difficulty, and future trends. šCompetitor Analysis: Monitor and assess competitorsā mining operations, efficiency, and profitability. šRisk Assessment: Identify risks and opportunities in the mining sector, considering factors like hash rate fluctuations, energy costs, and geopolitical developments. šMarket Research: Conduct in-depth research on mining hardware, energy consumption, regulatory changes, and emerging technologies affecting the Bitcoin mining ecosystem. šData Mining: Extract meaningful insights from large datasets, including blockchain data, transaction volumes, and mining pool statistics. šReporting and Insights: Present findings to senior management, providing actionable recommendations for optimizing mining operations. šCollaboration: Work closely with cross-functional teams, including finance, operations, and technology, to align market intelligence with business goals. šThought Leadership: Represent the organization at industry conferences, contribute to thought leadership articles, and engage with mining community stakeholders.
QUALIFICATIONS: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
šA passion for Bitcoin and a strong understanding of how Bitcoin and mining work, or the desire to learn. šExperience managing strategies, multiple partnerships, and business deals at once through all deal phases. šIntrinsic motivation and a strong entrepreneurial spirit ā you take charge, solve problems, and challenge the status quo. šStrong experience in developing financial modeling such as market data models, revenue projections, and ability to find creative solutions/deal structures. šStrong communication skills; verbal, written, and presentational; high attention to detail. šIntegrity, empathy, curiosity, and a sense of humor