SLP389 Daniel Frumkin & Jaran Mellerud - Bitcoin Mining Market Analysis
Stephan Livera Podcast
00:00
Bitcoin Mining
Do you believe it was an error for large public miners to borrow against their coins, or to borrow, potentially even against their machines as collateral? Like, was that just a bullmarket error, or do you it made sense at the time? I think in in the after moth, it has proved to be a bad strategy, because miners are already very vulnerable to the beat coin price. Even miners like irish energy that sell all their beet coin, they still extremely correlated to the beatCoin price. It's easy to play monday morning quarter back. Or i guess hind sight 20 20 is the way to say that internationally. Wy, i would have done the same thing in that situation
Play episode from 46:30
Transcript
