
Bear Market For Mining Equities | Anthony Power | The Mining Pod
The Mining Pod | Blockspace Media
00:00
Bitcoin Mining - Iris Energy and Greenwich Mining
A lot of the miners have looked at the debt markets. The issue they've had is because I don't think anyone's expected in March, April when Bitcoin was nearly $50,000 to be where it is today. That's causing a real problem. What we're seeing is how many of the miners are having to sell at this point rather than when they weren't selling at all in November. In November, we have 69,000 apart from the likes of Iris Energy, who their monteries will sell every day. We'll sell every day, we'll build up our hash rate and hopefully in the future we'll get that money back as we've got a better hash rate
Transcript
Play full episode