Hash rate to be maintained as hosting deals roll off
Company: Marathon Digital
The claim, verbatim
Thiel said much of the capacity from hosting deals rolling off beginning next year will be replaced through machine upgrades at other sites, maintaining the hash rate.
Source (primary)
[MARA Holdings Q3 2026 Earnings Call] MARA Posts $632M Net Income Despite 35% Revenue Drop, Unveils $500M Buyback and $1.1B Bitcoin Sale to Slash Debt 37% - BigGo Finance (-, news_article)
View cached copy (2026-11-10)Live source ↗Archive.org ↗
Quote: “a lot of that capacity will be replaced through machine upgrades at other sites, which will maintain the hash rate”
How we checked this
Checked on November 11, 2026. The cited source supports every part of this claim.
The article quotes Thiel saying that upgrades at other sites will replace much of the capacity from expiring hosting deals and maintain the hash rate.
Confirmed in the source:
- Thiel said hosting deals begin rolling off next year
- Thiel said a lot of that capacity will be replaced through machine upgrades at other sites
- Thiel said those upgrades will maintain the hash rate
What we did: Read our cached copy of the publisher (https://finance.biggo.com/news/US_MARA_2026-11-09) in full (12,616 characters, retrieved November 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms [MARA Holdings Q3 2026 Earnings Call] MARA Posts $632M Net Income Despite 35% Revenue Drop, Unveils $500M Buyback and $1.1B Bitcoin Sale to Slash Debt 37% - BigGo Finance
Quote: “a lot of that capacity will be replaced through machine upgrades at other sites, which will maintain the hash rate”