Hi there,
Everytime I look into BTC mining, the return (in my country) is negative, yet their are still BTC mines in my country. It's based on the belief the BTC you mine today, will be worth more tomorrow.
While I agree with BTC, the agreemenet it will increase in price, the profitability of a BTC mine with 100x ASICs doesn't meet a normal funding requirement.
How do BTC mining companies get started?
How are they profitable?
What does a pitch look like?
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