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the goal is mining is acquisition of bitcoin at or below cost...it does not function as a fiat denominated business
bad idea. mining is past its golden days. but lets see
Also see another post, found here on SN, which shares the press release from Grayscale:
Grayscale Announces New Opportunity Designed to Capture Upside of Crypto Winter#78058https://www.globenewswire.com/news-release/2022/10/06/2529537/0/en/Grayscale-Investments-Announces-New-Co-Investment-Opportunity-Designed-to-Capture-Upside-of-Crypto-Winter.html
CoinDesk also has an article on this:
Grayscale’s New Venture Aims to Capture Bear Market Opportunities in Bitcoin Mininghttps://www.coindesk.com/business/2022/10/06/grayscales-new-venture-aims-to-capture-bear-market-opportunities-in-bitcoin-mining [Archive]
the goal is mining is acquisition of bitcoin at or below cost...it does not function as a fiat denominated business
bad idea. mining is past its golden days. but lets see
Also see another post, found here on SN, which shares the press release from Grayscale:
Grayscale Announces New Opportunity Designed to Capture Upside of Crypto Winter
#78058
https://www.globenewswire.com/news-release/2022/10/06/2529537/0/en/Grayscale-Investments-Announces-New-Co-Investment-Opportunity-Designed-to-Capture-Upside-of-Crypto-Winter.html
CoinDesk also has an article on this:
Grayscale’s New Venture Aims to Capture Bear Market Opportunities in Bitcoin Mining
https://www.coindesk.com/business/2022/10/06/grayscales-new-venture-aims-to-capture-bear-market-opportunities-in-bitcoin-mining [Archive]