I Wandered Lonely As A Bitcoin Mining Investor

This Christmas, get pleasure from a poem that exhibits the transformation of the bitcoin mining funding sector.

I wandered lonely as an investor

That floated across the mining sector

First got here Hut 8, Riot, Argo and Hive

Barely struggling to stay alive

Ready for them to have bloomed

2021 was the 12 months they mooned

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Alongside got here Marathon, DMG and Bitfarms

These new names had their charms

However Marathon and DMG needed to dam transactions

Solely to really feel the wrath of the consumer reactions

The stream of names appeared nearly eternal

Bit Digital, BIT Mining, Digihost, CleanSpark, Mawson, Cathedra and Cipher Mining

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Then there was the China ban

Inflicting a splash into America, Russia and Kazakhstan

Just a few would have lingered on

They needed to stay hidden or they had been gone

Bitmain, MicroBT and Canaan appear principally high-quality

However sooner or later they could possibly be on the road

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Towards the tip of the 12 months there was a wave of latest massive names

Core Scientific, Stronghold and Greenidge with bold goals

There may be extra to come back on this vein

With non-public capital determined to realize

Immediately many decisions out there now

Leaving outsiders questioning how

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I am not so lonely anymore

Clamor and crowds on the proverbial door

2021 was a sensational 12 months

And now we sit again for some Christmas cheer

As for what we anticipate for 2022

Wider dispersion of returns and constructive skew

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And to every reader, previous and new,

A Merry Christmas to every of you

The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.