Saifedean Ammous: The Bitcoin Standard
Crypto Voices
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Bitcoin Mining Industry Revenue
I completely agree with a lot of those points especially the need to just open up competition in mining and look at it as simply a profit opportunity. One of the key metrics that we have on our site which I'm fairly proud of is Bitcoin price to sales ratio or bitcoin mining industry multiple. The number there right now today it's like it's about 20 which is high for any industry because that's not earnings per sharelike if that was an EPS that would be a decent multiple but that's that's price to sales you know apple and tesla's of later sub five maybe maybe three four price to sales.
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