Bitcoin may hit $100K by capturing ‘even 2 to 5% of gold’s market cap’ — Hut 8 VP Sue Ennis
New developments in the Bitcoin mining space have Hut 8 vice president Sue Ennis convinced that well-positioned miners will thrive after the next BTC halving.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
New developments in the Bitcoin mining space have Hut 8 vice president Sue Ennis convinced that well-positioned miners will thrive after the next BTC halving.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Sazmining starts selling Proto mining boards to individual Bitcoin miners
Sazmining's offering may democratize Bitcoin mining access, but long payback periods and market volatility challenge individual pr...
Binance’s Yi He says revenue can cover hack losses without selling SpaceX shares
Binance's ability to cover hack losses with revenue highlights its financial resilience, but regulatory scrutiny on security pract...
Binance Hack: CZ Fires Back at Elon Musk, Cites $1B SpaceX Stake as Coinbase Offers Security Support
The dispute unfolded as Binance worked to contain the October 29 attack, freeze affected assets, and reassure customers that their...
Coinbase (COIN) Misses Revenue Estimates as Users Fall, Armstrong Sets Up New Share Sales
Bitcoin Magazine Coinbase (COIN) Misses Revenue Estimates as Users Fall, Armstrong Sets Up New Share Sales Coinbase had a mixed th...
Bitcoin mining difficulty hits 148 trillion as revenues fall to three-month lows
At October 30’s hashprice, a 25 J/TH rig covers power costing about 5.45 cents/kWh after an assumed 2% pool fee. Read the full sto...
Doomberg: US Treasury Sanctions are “Wildly Bullish” for Bitcoin & Gold
▶Bitcoin Magazine Doomberg: US Treasury Sanctions are “Wildly Bullish” for Bitcoin & Gold What happens to reserve assets when you’...