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How to Allocate Capital for Bitcoin Mining
When you start thinking about capital allocation decisions, obviously you have a dollar to spend. How do you think about the return or the risk that you take by diverting it to either side of the business? It's kind of this fascinating exercise where maybe there's not just one answer and there's some variables there. And that's why we're actually in the middle of a merger that's pending final approvals with a private Bitcoin mining company called USBTC. The most intensive business across both Hudd and USBTC operations is prop mining.