financial_analysis

BitMine's Bitcoin Buy: Genius Move or Risky Gamble?

BitMine's Bitcoin Buy: Genius Move or Risky Gamble?

Okay, let's be honest. When you heard that BitMine Immersion Technologies put all $16.34 million from their recent offering directly into Bitcoin, what was your first thought? How did you feel hearing that news? Did that make you say to yourself, “Well played, fellas!” or did you spit-take your morning...

Bitcoin Mining Costs Skyrocket: Can Miners Still Profit?

Bitcoin Mining Costs Skyrocket: Can Miners Still Profit?

The Bitcoin mining ecosystem is always changing, both in its sense of opportunity and in its competitive environment. Currently, miners are facing a unique situation: a surge in Bitcoin's price alongside escalating hashrate and electricity costs. This brief article will analyze the impact of each variable on Bitcoin mining profitability....

SharpLink's Ethereum Dive Genius Move or Financial Folly?

SharpLink's Ethereum Dive Genius Move or Financial Folly?

As a result, SharpLink Gaming became the largest publicly traded holder of the cryptocurrency after it recently spent $463 million on 176,270.69 Ether. That’s the equivalent of walking into a high-stakes poker game and going all-in on your very first round. The easy question everyone is asking today is, “What...

Is This Bitcoin Boom Real? A Level-Headed Look at XY Miners

Is This Bitcoin Boom Real? A Level-Headed Look at XY Miners

A million-dollar Bitcoin by August? Really? The blockchain world is abuzz with rumors about an imminent Bitcoin buying spree funded by the US government and championed by Trump. Many think this will drive the crypto’s price to all-time highs. Enter XY Miners, equally on cue, offering you the easiest passive...