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Tuesday, 07/19/2022 9:59:15 AM

Tuesday, July 19, 2022 9:59:15 AM

Post# of 55244
Core Scientific CEO says margins to mine Bitcoin 50 percent.

https://www.cnbc.com/2022/07/18/crypto-miners-moved-over-300-million-of-bitcoin-in-one-day.html

Long-term, Levitt is optimistic because there’s tremendous positive operating leverage in the business. Over certain levels, every dollar increase in the price of bitcoin is 100% operating income to bitcoin miners.
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