Miner Update: Miners Beware of This - Video (Patreon)

Bitcoin Miner Update: Beware of Debt

BREAKING 💥- Worlds largest #Bitcoin miner Core Scientific stock is down over 70% today - growing too far too fast can be an issue InvestAnswers does not provide financial, investment, tax, or legal advice. None of the content on the InvestAnswers channels is financial, investment, tax, or legal advice and should not be taken as such; the content is intended only for educational and entertainment purposes. InvestAnswers (James) shares some of his trades as learning examples but they are only relevant to his specific portfolio allocation, risk tolerance & financial expertise, may not constitute a comprehensive or complete discussion of such topics, and should not be emulated. The content of this video is solely the opinion(s) of the speaker who is not a licensed financial advisor or registered investment advisor. Trading equities or cryptocurrencies poses considerable risk of loss. Kindly use your judgment and do your own research at all times. You are solely responsible for your own financial, investing, and trading decisions. Miners Core Scientific Hits the Wall Red is Danger for these miners - slide from July 2022 IA July 2022 Miner Update Core Scientific & Bitfarms - Knife’s Edge Bitcoin Sold Per Miner in Q3 Hi Energy Costs Triple Whammy Miner Production Cost $19.3K Power Cost Swelling - Cost of 1BTC Closes Mkts More will fail Study debt and cash flow Those that make it through will do real well in next bull run Miner Darwinism: Bitcoin Price and Hashrate