InvestorsHub Logo

hobowilly

11/08/21 8:25 AM

#814 RE: oxnous #813

Right now! It's great to see all these miners ordering newer and faster machines and already posting delivery/installation/mining dates BUT knowing how secretive the Chinese are it's a good bet conditions are much worse in China then they are admitting to and delays in all aspects of the supply chain are eminent. (Energy resources #1)

And when the chips/boards become scarce no placed order is secure. Manufactures will be canceling orders and selling to the highest bidders.

That's why I am moving directly to own the asset. Bitcoin is King!!!

Too many variables and risks in owning the miners and the miners get to keep the asset!! Investors are funding the miners then the miners HODL and
go back to the market for funding to keep the lights on and dilute investors. It's almost like a legal Ponzi Scheme. Shareholders are susceptible to all the Market forces (risks) and Miners get ALL the rewards and give shareholders nothing!

Well, that's the way I see it anyway. IMHO

But there is money to made here w/miners before the Shite hits the fan and investors wise-up to the scheme.