I have a friend👬 who is a mining boss from Aba
He also has a small hydropower station and is currently settled in Chengdu
If you ask him about mining-related questions, he is more knowledgeable than anyone else
What is computing power, how many kilowatts, building connections, etc.
If you ask him to trade cryptocurrencies for profit, he goes all in with hundred times leverage
It all depends on intuition, trading randomly, and ultimately blowing up his account
To be honest, miners are genuinely proficient in trading cryptocurrencies
But they are extremely rare! Their expertise is in the mining business!
However, for miners, it will become increasingly difficult to profit from mining
First, mining machine prices are high, easily reaching over a hundred thousand for one
Second, the market is monopolized by major financial groups, making it hard for small miners to profit
Third, it ultimately still returns to the crypto circle, hoarding coins and trading for profit!