Mo.bi - Crypto Currency Tracker logo Mo.bi - Crypto Currency Tracker logo
Seeking Alpha 2022-03-23 14:02:40

The Bullish Case For Bitcoin Mining

As the economy slows, investors will increasingly search for companies with high and sustainable earnings.After an exceptional 2021, institutional Bitcoin miners are sitting on multi-million dollar war-chests, which they are using to rapidly expand business operations and increase revenue.Marathon Digital and Riot Blockchain are the biggest movers in terms of hash rate expansion, with MARA expected to mine $1.6B and RIOT $800M worth of BTC in 2022.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.