Fred Thiel, CEO of Marathon Digital Holdings, shared his thoughts on the future of Bitcoin mining. He talked about transaction fees, hash rate elasticity, and global expansion plans. Thiel said that transaction fees will go up if miners prioritize bigger transactions. He also said that more transactions in the memory pool means higher fees. He thinks that transaction fees will become more important than block subsidies over time.

Thiel's ideas about transaction fees are important because they can affect how Bitcoin works. Right now, miners get a subsidy for mining new blocks, but that will decrease over time. Thiel thinks that transaction fees will become the main way miners get paid. This could change how Bitcoin works and make transaction fees a bigger part of the economy.

Thiel also talked about hash rate elasticity, which is how well miners can handle changes in the network. He said that Marathon Digital Holdings is working on expanding globally. This means they want to mine Bitcoin in more countries. Thiel's ideas are important because they can help us understand what might happen to Bitcoin in the future.

Thiel's thoughts on transaction fees are interesting because they could change how Bitcoin works. If transaction fees become more important, it could make Bitcoin more expensive to use. This could also make it harder for new miners to join the network. Thiel's ideas are important because they can help us understand what might happen to Bitcoin in the future.

Marathon Digital Holdings is a big player in the Bitcoin mining world, so Thiel's thoughts are important. He has a lot of experience in the field, so his ideas are worth listening to. As Bitcoin continues to grow and change, it's important to think about what might happen in the future. Thiel's thoughts on transaction fees and hash rate elasticity are a good starting point for that conversation.