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Following the crypto winter of 2022, Bitcoin has rebounded in 2023, and with it, the publicly traded Bitcoin mining companies have seen their stocks soar. But how much do you know about the risks associated with these stocks? In this video, we're going to dissect the intricate relationship between Bitcoin prices and mining stocks, and why most Bitcoin miners may never make a profit. We'll take a deep dive into the challenges faced by Bitcoin miners and help you understand the industry's underlying complexities. Disclaimer: This video is purely educational and does not constitute investment advice.
0:00 - 2:58 Intro 2:59 - 6:58 How Bitcoin mining works 6:59 - 11:41 Structurally unprofitable 11:42 Growth at all costs
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