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| Topic | Stock Topic 22 |
| Lopen 02/17/21 7:47:12 PM #6: | Keep in mind mining bitcoin actually becomes more difficult by design as more and more of it gets mined out of the system So while the value of bitcoin going up would help them, they get less coins over time unless they're constantly using the profits to better their operation and mine harder. Also to me it's less about "if" and more about "when" the bitcoin will regress, and how much of Riot's value is based on growth vs current value (if bitcoin is expected to go to a million they're a lot more lucrative than if it freezes at $50k) of coin mining. --- No problem! This is a cute and pop genocide of love! ... Copied to Clipboard! |
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