Crypto Mining Companies
I was wondering if anyone invests in individual crypto mining companies and what one(s) you like best. I have done only a little research, but I think $HUT is interesting, but wanted to hear from others as well. Thanks!
I have come across them recently because I’m always scanning for public opportunities in the crypto space, outside of my $COIN position. I decided against the mining companies, for similar reasons to why I don’t mine personally. Haven’t hear it mentioned anywhere, but what are they going to do when there is no more Bitcoin to mine? Only 21 million will ever be minted, we’re a over 18 million now. Supposed to take til like 2040 or something crazy to mint them all, but if it’s long-term & not a swing/contrarian trade, I want something with more long-term surety than what I feel these mining companies offer.
And welcome to Common Stock! Stoked to have another crypto person🤣