Dear Investors,
The current cost to mine a Bitcoin is 50% higher than the price of Bitcoin. Either the price needs to rise or the cost to mine it needs to fall.
In our piece shared below, we show where we get this information and the economics behind the mining cost and Bitcoin price. Check it out!
https://specialsituationinvesting.substack.com/p/bitcoin-mining-economics#details
Are they making a play for bitcoin or hoping to regulate it out of existence or control it?
The current cost to mine a Bitcoin is 50% higher than the price of Bitcoin. Either the price needs to rise or the cost to mine it needs to fall.
In our piece shared below, we show where we get this information and the economics behind the mining cost and Bitcoin price. Check it out!
https://specialsituationinvesting.substack.com/p/bitcoin-mining-economics#details
Are they making a play for bitcoin or hoping to regulate it out of existence or control it?