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?
Did you just cut and paste this straight from Bitcoin Gandalf’s tweet?
I think this is super cool. Way better than a stupid monkey jpeg
Mad skillz
Cringe level all time high
Blockspace is to cheap
Plus it was profitable.
Digital Wildcatters mining event in Houston today. Fred Thiel was speaking
https://digitalwildcatters.com/event/empower-energizing-bitcoin/
Super cool. Marathon Holdings may be telling the whole world that you don't need an ape, a doge, a frog or any other subject to be inscribed with.
Scumbags.
The hilarious thing is that people have such a mental block about this stuff that they'll literally defend a company using Bitcoin block space to advertise.
You could say that they filtered out genuine transactions in order to do this.
It couldn't be they thought it was cool?
What’s wrong with filtering transactions? Are you assembling your own blocks? These guys have massive resources to do whatever they want.