NachoBTC

bitdevs

Why did Marathon Digital Holdings' MARA Pool just mine a block with their logo on it?

I'll get to that, but first here's some things I haven't seen anyone talk about yet.

1⃣ Each coloured square represents a transaction in the block.

2⃣ To achieve this visual effect, the block was constructed with the mempool space block visualiser in mind.

3⃣ The different colours are achieved by including different fees in each transaction. 

4⃣ All the transactions were for 0 BTC

Fees paid for each of those squares:
- Green = $0.08
- Orange = $11.21
- Maroon = $149.46

Total fees paid = $122,542

But that doesn't matter because Marathon paid these fees to itself.

So, why did they this? 

For marketing/attention purposes.

And it has worked beautifully because any press is good press...

...right?

![GJmSCQ2XgAA7mFQ.png](https://m.stacker.news/23314)

Marathon - Perfect M block on the Bitcoin Blockchain

econ

MicroStrategy has acquired an additional 12,000 BTC for ~$821.7M using proceeds from convertible notes & excess cash for ~$68,477 per #bitcoin   . As of 3/10/24, $MSTR hodls 205,000 $BTC acquired for ~$6.91B at average price of $33,706 per bitcoin.