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Marathon Digital Holdings
Marathon Digital Holdings, Inc. is a digital asset technology company, which engages in mining cryptocurrencies, with a focus on the blockchain ecosystem and the generation of digital assets. The company was founded on February 23, 2010 and is headquartered in Las Vegas, NV. The company was formerly known as Marathon Patent Group and was the patent holding company that is the parent of Uniloc, allegedly a patent troll company. Marathon purchased patents related to encryption in the 2010s and in 2021 it was known for its purchases of bitcoin and bitcoin mining equipment and a joint venture to use 37 MW from the Hardin Generating Station Montana coal plant to power an adjacently-constructed Marathon bitcoin data center. The company changed its name to Marathon Digital Holdings, effective March 1, 2021. Its chief executive officer is Fred Thiel. See also * Uniloc v. Microsoft * Uniloc Uniloc Corporation was a company founded in Australia in 1992. History The Uniloc technolo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Patent Holding Company
A patent holding company (PHC) exists to hold patents on behalf of one or more other companies but does not necessarily manufacture products or supply services based upon the patents held. Patent holding companies may exist for tax reasons. Patent holding companies may also operate patent pools in order to provide a single source for licensing a patented technology. However, patent holding companies that aggressively seek to enforce patent rights through litigation or threats of litigation are referred to as patent assertion entities (PAEs) or, more pejoratively, patent trolls. Patent trolling On June 4, 2013, in the United States, the National Economic Council and Council of Economic Advisers released a report entitled ''Patent Assertion and U.S. Innovation'' that found significant harm to the economy from patent assertion entities and made recommendations to address them. President Barack Obama also addressed the issue, criticizing companies that did not produce anything the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uniloc
Uniloc Corporation was a company founded in Australia in 1992. History The Uniloc technology is based on a patent granted to the inventor Ric Richardson who was also the founder of the Uniloc Company. The original patent application was dated late 1992 in Australia and granted in the US in 1996 and covers a technology popularly known as product activation, try and buy software and machine locking. In 1993 Uniloc distributed "Try and Buy" versions of software for multiple publishers via a marketing agreement with IBM. An initial success was the sale of thousands of copies of a software package (First Aid, developed by Cybermedia) distributed on the front cover of '' Windows Sources'' magazine in 1994. In 1997 a US subsidiary was set up called Uniloc PC Preload to produce preloaded unlockable editions of popular software products on new PCs. Distribution agreements were executed with eMachines and Toshiba. ''Family PC'' magazine also produced two months of magazines featuring ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Patent Troll
In international law and business, patent trolling or patent hoarding is a categorical or pejorative term applied to a person or company that attempts to enforce patent rights against accused infringers far beyond the patent's actual value or contribution to the prior art, often through hardball legal tactics (frivolous litigation, vexatious litigation, strategic lawsuits against public participation (SLAPP), chilling effects, and the like). Patent trolls often do not manufacture products or supply services based upon the patents in question. However, some entities which do not practice their asserted patent may not be considered "patent trolls" when they license their patented technologies on reasonable terms in advance. Other related concepts include patent holding company (PHC), patent assertion entity (PAE), and non-practicing entity (NPE), which may or may not be considered a "patent troll" depending on the position they are taking and the perception of that position by th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bitcoin
Bitcoin ( abbreviation: BTC; sign: ₿) is a decentralized digital currency that can be transferred on the peer-to-peer bitcoin network. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009, when its implementation was released as open-source software. The word "''bitcoin''" was defined in a white paper published on October 31, 2008. It is a compound of the words ''bit'' and ''coin''. The legality of bitcoin varies by region. Nine countries have fully banned bitcoin use, while a further fifteen have implicitly banned it. A few governments have used bitcoin in some capacity. El Salvador has adopted Bitcoin as legal tender, although use by merchants remains low. Ukraine has accepted cryptocurrency donations to fund the resistance to the 2022 Russ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bitcoin Mining
The bitcoin network is a peer-to-peer payment network that operates on a cryptographic protocol. Users send and receive bitcoins, the units of currency, by broadcasting digitally-signed messages to the network using bitcoin cryptocurrency wallet software. Transactions are recorded into a distributed, replicated, public database known as the blockchain, with consensus achieved by a proof-of-work system called ''mining''. Satoshi Nakamoto, the anonymous designer of the protocol, stated that design and coding of bitcoin began in 2007. The project was released in 2009 as open source software. The network requires minimal structure to share transactions. An ad hoc decentralized network of volunteers is sufficient. Messages are broadcast on a best-effort basis, and nodes can leave and rejoin the network at will. Upon reconnection, a node downloads and verifies new blocks from other nodes to complete its local copy of the blockchain. Transactions A bitcoin is defined by a seq ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fred Thiel
Fred Thiel (born 1960) is an American business executive and the current CEO of Thiel Advisors and Marathon Digital Holdings. Thiel is the former CEO of GameSpy, Local Corporation, and Lantronix. Thiel serves as past chairman of the board of the Young Presidents' Organization's technology network and is chairman of the Fintech subnetwork. He also serves on the boards of several other companies including Oden Technologies, OptConnect, Gatekeeper Systems, and Sequent Software. Career Thiel was vice president and general manager of the business storage unit of CMD Technology in 1997. From 1998 to 2002 Thiel was the CEO of Lantronix, where he doubled the company's revenue growth and led to its initial public offering in 2000. Thiel was the CEO of GameSpy from 2003 to 2004 before GameSpy merged with IGN. Thiel was the managing partner of the software group at Triton Pacific Capital Partners from 2007 to 2012. Thiel met Heath Clark, founder and CEO of Local Corporation though t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uniloc V
Uniloc Corporation was a company founded in Australia in 1992. History The Uniloc technology is based on a patent granted to the inventor Ric Richardson who was also the founder of the Uniloc Company. The original patent application was dated late 1992 in Australia and granted in the US in 1996 and covers a technology popularly known as product activation, try and buy software and machine locking. In 1993 Uniloc distributed "Try and Buy" versions of software for multiple publishers via a marketing agreement with IBM. An initial success was the sale of thousands of copies of a software package (First Aid, developed by Cybermedia) distributed on the front cover of ''Windows Sources'' magazine in 1994. In 1997 a US subsidiary was set up called Uniloc PC Preload to produce preloaded unlockable editions of popular software products on new PCs. Distribution agreements were executed with eMachines and Toshiba. '' Family PC'' magazine also produced two months of magazines featuri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Listed On The Nasdaq
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
