Replying to Avatar The Nuclear Bitcoiner

With that kind of money we are going to see a lot more miners getting into power generation ownership.

Who will be the first to own a nuclear reactor?
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Joe Burnett 2y ago

Agree.

Companies like CleanSpark were more successful last cycle because they built infrastructure during the boom and bought cheap mining rigs during the bear.

Next cycle miners will diversify by acquiring and building power infrastructure during the boom and then stack cheap ASICs during the bear.

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BoomTown 2y ago

Disagree — energy / power companies will figure out bitcoin mining before bitcoin miners will be in a position to purchase energy assets with any meaningful scale.

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Joe Burnett 2y ago

Maybe. So far they are moving slowly.

If I was an energy exec I’d be going all in on Bitcoin mining right now.