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Marathon CEO Fred Thiel said he would not comment on Harris’ policies because they are still unknown at this time.

Fred Thiel, chairman and CEO of MARA — formerly Marathon Digital Holdings — took the stage at the Bitcoin 2024 conference in Nashville to discuss the future of the mining industry amid the 2024 United States presidential election cycle.

In a panel consisting of fellow mining executives Zachary Bradford, CEO of CleanSpark, and Jason Les, CEO of Riot Platforms, Thiel explained that “the attack vectors for crypto are going to be energy policy and banking as they always have been,” before citing government sabotage programs to crush Bitcoin (BTC) like Operation Chokepoint 2.0.

Thiel also expressed optimism that the Democrat Party is slowly opening up toward crypto, citing bipartisan support for the repeal of SAB-121, which was subsequently vetoed by President Joe Biden.

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