Bitcoin Miners Insolvent? w/ Sue Ennis @Hut 8 Mining Corp
On this episode, we’re discussing the FTX contagion spreading across the crypto industry and markets, Bitcoin Mining difficulties, institutional investors, and regulation.
Guest: Sue Ennis, Hut 8 Mining – Head of Investor Relations, Corporate Development and Marketing
Hut 8 Mining website ➜ https://bit.ly/Hut8Mining
~This episode is sponsored by iTrust Capital~
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#Bitcoin #Crypto #Ethereum
~Bitcoin Miners Insolvent? w/ Sue Ennis @Hut 8 Mining Corp ~
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Why so much share dilution ???
She is always great
Question. Could the Bitcoin ecosystem potentially crash? If BTC goes sub $10k most miners will fold and who would be left to run the blockchain ecosystem? Am I looking at this right?
Where does HUT hodl their BTC? Are they in a safe place earning interest?
Somehow every interview is a complete borefest. No matter how hot the guest
The easiest and most profitable mining can be found only in Utopia
Thanks for the mention Paul and thank you for your accurate interpretation of my tweet.
I was the first analyst to report the level of debt being serviced by a number of the large NASDAQ BTC miners and now we’re seeing a few on the verge of Chapter 11.
O freaking way!!!
I'll buy GBTC at or below $1.00.
She's so defensive and full of shit
Did she talk about the open ATM to be used to dilute shareholders to keep the power on? Speaking of power did they resolve their power contract issues?
As a Canadian, my HUT investment is my only exposure to the crypto space so far. When she said HUT is "super debt averse," it makes me think my money is in good hands. Keep up the good work Sue.
Thanks
Sue is Awesome content, great podcast, Thanks for info!
a central bank digital currency is the polar opposite to Bitcoin raison d^etre
Ridiculous. Bitcoin is down 75% from its ATH and in the past it went >85% in bear markets. Why didn’t they all prepare? I don’t get it
She is so smart, calming and reassuring. Great to hear from her again. Thank you
More sue
Great show
14:46 "Bitcoin most likely" ??? Paul, ALTS are Dead, They're dead. Dead.
Any unregulated leveraged tokens trading on an unregulated exchange are over for sensible people. Those degens who haven't gained a scintilla of knowledge from the FTX debacle are beyond help.
Decentralised, self-custody on cold wallets is the only way forward.
These interviews need to be capped at 20 mins tops. Paul is great but the shows are general too long.
Markets are fantastic at the moment so there's good paths for all crypto to rise from here. Ukraine peace talks. Chinese housing construction assistance. Stock Markets up. DXY down. Inflation down.
a lot of BOTOX lol
Miners should stop mining. We don't need anymore bitcoin right now.
Do I see Paul perspiring when he talks to her?
True or False: The longer this particular bear market goes on, the more likely BTC will go down further.
Hmm.. let me see should I put my money on BTC or a crappy digital dollar? hard choice🤔
Any M and A will need diluting. Unless they use the BTC stack as collateral.
Good interview, Sue is obviously bright, and the company with low debt in these times seems to be 'on the case' .
What was the interview about?
Sue is our mining gal
Less miners, more centralized control of hash rate?
like the video guys
Paul you talk too much while interviewing people 🙄
all major oil companies will be Bitcoin miners ….Dig an isolated gas well …fix it with bitcoin mining rig …..no pipelines necessary… , no environmental activists …Oil companies will be the next Bankers backed by BITcoin ( solid) …. HUT 8 is itself a prime takeover target for an oil company…..hmmm.
These minders are all bankrupt
“Bitcoin price suppression”. Lmao 🤣 that’s a good one
Who is the blond BS talker?