Hut 8 mining CEO Asher Genoot says that due to supply shortages of Bitcoin on exchanges, Wall St. wants to buy bitcoin directly from miners. “We’ve had banks reach out to us to try to buy our Bitcoin because of the supply shortages on these different exchanges,” he says.
So if supply is already low on exchanges, what happens later this month after the halving? “The supply coming down by 50%, from 900 Bitcoin to 450 Bitcoin per day, also makes a big impact, because now you have increasing demand but less supply,” Genoot said.
Sounds like Wall St. and others are waking up to the idea that the best way to get fresh sats is through mining. The hashrate marketplace that Rigly built connects real mining farms from around the world with hashrate buyers who understand the importance of #kycfree sats and privacy.
But you don’t need to call the CEO of a publicly traded mining company to get access. You can start mining for as little as 500 sats today.
👇
rigly.io/#try-mining
https://www.dlnews.com/articles/snapshot/miner-says-wall-street-bankers-want-to-buy-bitcoin-holdings/
Rigly
npub1t6…03scu
2024-04-04 18:00:23
Author Public Key
npub1t6el40knsq8hmrpr0m6tt3t0tr4pdeyhlt2qelwhgtwawddqx0xsv03scuPublished at
2024-04-04 18:00:23Event JSON
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"kind": 1,
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"content": "Hut 8 mining CEO Asher Genoot says that due to supply shortages of Bitcoin on exchanges, Wall St. wants to buy bitcoin directly from miners. “We’ve had banks reach out to us to try to buy our Bitcoin because of the supply shortages on these different exchanges,” he says.\n\nSo if supply is already low on exchanges, what happens later this month after the halving? “The supply coming down by 50%, from 900 Bitcoin to 450 Bitcoin per day, also makes a big impact, because now you have increasing demand but less supply,” Genoot said.\n\nSounds like Wall St. and others are waking up to the idea that the best way to get fresh sats is through mining. The hashrate marketplace that Rigly built connects real mining farms from around the world with hashrate buyers who understand the importance of #kycfree sats and privacy.\n\nBut you don’t need to call the CEO of a publicly traded mining company to get access. You can start mining for as little as 500 sats today. \n\n👇 \nrigly.io/#try-mining\n\nhttps://www.dlnews.com/articles/snapshot/miner-says-wall-street-bankers-want-to-buy-bitcoin-holdings/",
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}