▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
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In this video, I discuss the economics of Bitcoin mining as a business (capital-intensive, low-margin), as well as Bitcoin mining stocks like RIOT and BTBT.
Owning a Bitcoin mining stock can create very different investment results than owning Bitcoin itself, just like gold mining companies tend not to appreciate as much as gold itself over long cycles.
In addition, RIOT and BTBT look like scammy companies to me, with large insider pay-outs despite a lack of profitability.
Not investment advice! Consult a financial advisor.
Bitcoin Blockchain, Miners, and Nodes (Explained Simply):
Bitcoin mining difficulty chart:
RIOT orders more ASICs:
Bitmain Antminer S19:
RIOT financial results:
RIOT insider selling:
More analysis of RIOT:
BTBT allegations of fraud:
Bit Digital site:
BTBT financial results:
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I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#BitcoinMining
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▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Youtube version
