Buy Bitcoin or start mining? HashWorks CEO points to ‘attractive investment yield’ in BTC mining
Cointelegraph
Published Jun 23, 2022 04:36PM ET
Updated Jun 23, 2022 06:20PM ET
Recently, bad news has abounded, and the resulting fear is real. DeFi is looking dead, altcoins completed their lifecycle by returning back to $0 (I guess that’s a joke), and Bitcoin’s (BTC) price fell lower than even the smartest brains in the room expected.
A unifying theme of the most recent bull market appears to have been greed. Everyone got too confident and too greedy, and it shows by the amount of debt and leverage that is being unwound as 3AC, Celsius, BlockFi and Voyager contend with the real threat of going belly up.
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Written By: Cointelegraph
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