Rabbit Hole Recap #232: Merry Christmas!
Rabbit Hole Recap
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ASIC Repossessions
Nye Dig acquired 2.8 X-A-HASH of Greenwich miners that were collateralized and alone. It's a great way to acquire ASICs on the cheap via repossession, but not saying that's the intent of any of these lenders. Companies like Nye Dig, Galaxy, Foundry, and others, they obviously offer mining services to miners. But do they really want to get into mining and have direct exposure to hash rate at this level with all these repossessions? Is that what they know to you? No.
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