Crypto miners are likely to face a tough first half of this year if bitcoin's price continues to flounder. Aoyon_A reports
this year, investors will be eyeing miners’ valuation and their growth strategy. Companies that can distinguish themselves in the increasingly competitive sector, will be the ultimate winners.
“In order for these [new] companies to retain their proposed valuation when trading, they will need to find ways to differentiate their businesses from the existing operators,” Vera said. He also noted that production numbers from these companies for January and February will be a strong indicator where these companies will likely start trading when they go public.
However, for investors to really pay up for a company, they will need to see more longer-term strategy from the companies, said Eric F. Risley, managing partner of crypto mergers and acquisitions firm Architect Partners. Risley added that crypto miners that can operate most efficiently are most likely to thrive amid crypto markets’ fluctuations.
“We believe the mining haves and have nots will reveal themselves in the next 24 months and the haves will enjoy stronger valuations and strategic flexibility and growth options,” he said.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
$1.3B of Bitcoin Withdrawn from Exchanges as Miners' Reserves Reach Yearly HighBitcoin miners' reserves tapped a new one-year high following massive accumulation, while $1.3 billion in BTC was transferred out of exchanges in a day.
Lire la suite »
Georgia Goes After Crypto Miners Using Subsidized Electricity in Historic Town – Mining Bitcoin NewsA record high consumption of electricity blamed on illegal crypto farms in Georgia has caught the attention of authorities in Tbilisi.
Lire la suite »
What the Heck Is Going on in the Oscars’ Supporting-Actor Category?Kodi Smit-McPhee is out front, but things get messy beyond him. Awards Insider goes over the chances of Leto, Affleck, the ‘Belfast’ boys, and more.
Lire la suite »
Spotify is going to shut down its own original podcast studioSpotify has been growing in the podcast market recently, and has been acquiring and building its podcast platform. However, now, it has bad news for some of its employees.
Lire la suite »
The Seahawks are going to the playoffsThe Seahawks are going to the playoffs (Hang on, please read past the headline and we’ll explain how they’re in!)
Lire la suite »
The politics of going grayI naively believed my decision to stop coloring my hair was personal, writes Assistant Speaker of the U.S. House Katherine Clark. But as an elected official, it quickly became political.
Lire la suite »