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Glad to see Coinshares has some of the same rankings my model does

The Bitcoin mining network has experienced a tremendous growth, with its hashrate surging by 104% in 2023. This makes it harder for miners with older rigs to make it. 

Chart above shows the findings on the average cost of production per Bitcoin, after the halving for each miner, are listed below. On average, the cost of production stands at US$37,856.

Like me, I focus on lean and mean miners. I do not like those with high debt or high overhead.  Avoid them like the plague. Riot gets dinged in this regard but they also have electricity credits which is their wild card that offsets the costs. 

There is a reason CLSK is my largest position and happy I grabbed more last week. 


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Anonymous

that miner is comingoutof bankruuptcythis month, supposably

Anonymous

I own clsk and bitf, at some point I will sell them in buy tesla but I think there is more to gain from them at least for the next year