Bitcoin miners are exploring new business avenues ahead of the upcoming halving event that will reduce their rewards and amid increased competition from the rising hash rate, according to JPMorgan. Could a Bitcoin ETF be negative for Bitcoin miners?

    Guest: Sue Ennis, Hut 8 Mining – Head of Investor Relations, Corporate Development and Marketing
    Hut 8 Mining website ➜ https://bit.ly/Hut8Mining

    00:00 intro
    00:47 9,000 Bitcoin
    01:29 Bitcoin Mining Difficulty Levels
    06:04 Miner Bitcoin Sell Pressure
    07:26 Miner Diversification
    09:34 Caitlin Long on Halvening
    12:03 Bitcoin ETF Odds
    13:08 ETF Bad For Miners?
    13:49 $100k Bitcoin
    15:05 NVIDIA & AI Rally
    17:41 Web3 Cloud Gaming
    19:01 outro

    #Bitcoin #Ethereum #crypto
    ~Bitcoin ETF Odds & Miner Impact w/ Sue Ennis | Hut 8 Mining~
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    26 Comments

    1. While everyone is focused on BTC, ETH or any top alt coin and playing defensive they are missing on quality projects that are about to be launched on CEX. For example ABT900D will hit mainstream soon, 10x-20x quite possible even during this bear market b

    2. If Sue was as smart as she is pretty the company would be doing a lot better. I don't trust a thing she says because hut 8 never gives you any clarity on the present. north Bay miners are now gathering dust and soon to be obsolete. USBTC company brings tons of debt.
      hut 8 mining metrics are TERRIBLE, the company is doing a reverse split, enough said there. It goes on and on. Hut 8 's own repair center can not fix Drumheller, Laser focused Jaimie says but the laser needs batteries.

    3. What you guys don't really mention is that for the ultra rich it would be dumb to buy bitcoin directly because they would just inflate its price. If they invest in mining they get bitcoin without increasing it's price. So obviously the ultra rich market, which can also be major bitcoin hodlers like miners themselves, want to invest further with mining, probably on leverage of credit even.

    4. Hut8 will have a big hurdle next halving because of debt and and most likely will not make it. Much better miners like cleanspark and bitfarms are better positioned after having in April 2024.

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