Sounds like
Marathon have now changed their stance on censoring transactions. Do we think this was an ethical decision? Or a financial one? The timing of this raises questions for me. Is it possible the recent price drop caught them off guard and interfered with their profit margins? Were they maybe left with no alternative?
As I don't trust this kind of move I would place my bet on a PR move.
Financially they would not be affected that bad, even more, so frustrating is the fact I have to admit Marathon managed to nailed it when it comes to the business plan, they secured the mining gear, they did so at prices before the bull run, probably the guys at Bitmain are desperately trying to find a way out of that contract right now and they've also managed to get a fair price on electricity (rumors here, don't know how accurate)
Bottom line Marathon is getting brand new gear at 1/3 of the price we would be able to, it runs on investor's money so less pressure for being profitable, and a loss compared to others on an average of 10sat/vb from filtering would really mean nothing.
I think that they came out with this just so they could sell some good news everyone wants to hear, doing something stupid exactly now would hurt the price more and it would hurt their reputation, tweet something, distribute internally some notes reassuring investors of a masterplan and that's it.
Everybody is happy!
But!, I don't think this is over, we're going to hear again from them, stupid shit doesn't get away so easily.
And I'm almost sure their next bright idea will be even more astonishing.!
