Miners are not surrendering❓
Even if the price falls, the profits of listed mining companies in June are higher than in May.
Only small miners are having a hard time, and the mining industry will be monopolized by large groups slowly.
Individual miners or small mining companies are really having a hard time. The people who used to be at the top of the pyramid in the currency circle will also be slowly eliminated by the times, but it doesn’t matter, these people have already made a lot of money.
These listed mining companies have sufficient funds, the highest-capacity mining machines, cheaper electricity resources, and better legal teams to avoid legal risks, instead of facing legal risks at any time like individuals.
These giants not only enter the mining companies, but also actively deploy in the spot market. In the future, the $BTC in the hands of retail investors will only become less and less. Cherish the big pie in your hands.
Some people say that the price of big pie is too high and they don’t want to buy it. Look at the stock of Buffett’s company, which is 620,000 US dollars per share, which is ten times different. The market value of the entire company is similar to that of Bitcoin.
Missed the demolition of the second generation, missed the second generation of housing, I hope your son can become a second generation of currency in the future😃