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Saturday, August 21, 2021 3:29:59 PM
Agreed and think about this time next year. We are just getting started. We have one deal with Bitmain which is going to bring extreme wealth to shareholders. But i bet by this time next year, we could have at least 4-5 more deals with Bitmain to host and mine.
This company is going to be a $10-20 billion dollar company pretty quickly because what they do is simple and lucrative and the crypto industry is probably in the 2nd to 3rd inning if that. why am i so confident? the parallel is to the fed who simply keeps printing money. that is what miners do. they print money!!! is there a cost? yes there is but the cost has become a rounding error compared to the revenue. for example, ethereum is around $3,200 but to mine each coin is probably $200. how do you like those profit margins. it is like printing money, isn't? now you understand how bullish i am. ethereum could drop to $2,000 or $1,000 grand and these guys will still be printing money!!!!!!!!!!!!!!!!!!!!!!!!!! long and super strong peps!
This company is going to be a $10-20 billion dollar company pretty quickly because what they do is simple and lucrative and the crypto industry is probably in the 2nd to 3rd inning if that. why am i so confident? the parallel is to the fed who simply keeps printing money. that is what miners do. they print money!!! is there a cost? yes there is but the cost has become a rounding error compared to the revenue. for example, ethereum is around $3,200 but to mine each coin is probably $200. how do you like those profit margins. it is like printing money, isn't? now you understand how bullish i am. ethereum could drop to $2,000 or $1,000 grand and these guys will still be printing money!!!!!!!!!!!!!!!!!!!!!!!!!! long and super strong peps!
Everything I say is my educated opinion and is NOT investment advice
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