Any solo #Bitcoin #miners out there?
I wonder if it makes any sense to grab an ASIC, or if it's just throwing $ out the window.
#mining
Discussion
Mine anyways. Think of it as a small position dedicated to “sats at any cost”, not in terms of profitability. What if you couldn’t buy or get sats for your goods/services?
Satflow, not cashflow - the new king.
That's a really good point. If exchanges ever got gated, mining is all there is.
That said, it looks more like the near future could make it easier to invest in Bitcoin -- but you sure can't withdraw to your wallet from an ETF.
“Easier” depends on your unit of account & ability to self custody. No flow + usd denominated = not satflow.
Smoke & mirrors unfortunately, I’ll take a levered long position on Kollider/Ln market instead.
