Slow & Steady Wins The Coins With Hut 8 | Sue Ennis | The Mining Pod
The Mining Pod | Blockspace Media
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Bitcoin Mining
The ultimate goal for HUT is to create sort of a virtuous circle, i.e. have enough currency-based generating revenue or fiat-based revenue generating lines of business so that we can mine Bitcoin and then continue to generate revenue with other lines of business. We certainly see a world where Bitcoin could potentially capture 2 to 3% of gold's place in a traditional investor's portfolio. And if that happens, that alone in and of itself is like $100,000 slash north of $100k price per coin. That's why we're very bullish on Bitcoin. We absolutely think this asset price is going to go up into the right, not financial advice.
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