Looking Deep Inside The Workings Of Bitcoin Mining Engine… it’s much worse than I first realized. While I reported last month that the Bitcoin Mining Industry really didn’t make money in the previous year and a half, the situation moving forward is totally unsustainable…
To truly understand the troubling “Dislocation” between higher gold and silver prices and the hemorrhaging of the Wholesale-Dealer Industry, you must watch this roundtable discussion with Bob Coleman and I, hosted by Tom from Palisades Radio…
In a bit more than four hours, Bitcoin lost nearly $10,000. While Bitcoin is up from its lows of the day, the Bitcoin Mining Stocks continued to get taken to the woodshed. Marathon Digital, the largest Bitcoin miner, saw its share price decline another 13% today…
The situation couldn’t get more bizarre at Nvidia when it released its results last week. While the company reported record Q4 2023 earnings, there are some troubling signs behind the revenues that provided the profits…
I had no idea how bad the fundamentals were in the Bitcoin Mining Industry until I decided to take a HARD LOOK. It’s no coincidence the Bitcoin price surged higher recently. If it didn’t, the Bitcoin Mining Industry would have been in serious trouble… and still is…
It’s truly astonishing to see how quickly the gold mining industry’s costs have surged in the past few years. While several analysts blame the mining companies for being poorly run, the Fed and central banks are the real culprits…