The Mining Pod | Blockspace Media cover image

Making Sound Money With Cheap Energy | Drew Armstrong & AJ Scalia | Compass Podcast

The Mining Pod | Blockspace Media

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Is the Cost Curve Going to Bear Market?

There's now 15 to 20 publicly traded mining companies. That seems like a lot more than a most other industries or sectors. There will be some adjustment as conditions become a little bit less frothy, and higher cost producers start to feel a little bit of distress. And then it's not going to be 300 dollars a tar hash that people are paying when they acquire these minein companies. It's going to be closer to a, to machine dollar per tarhash multiple.

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