GM bitcoin fam.
So, I was doing some research on how can I protect my earnings and came accross the information that in response to falling crypto prices and increasing energy expenses, publicly listed Bitcoin miners were forced to sell nearly all of the BTC that they've mined in 2022.
IMG from the original source: https://imgur.com/VSPSlfi
What I'm wondering here is if there is a way for miners to hedge against shrinking margins? Do you think hedging strategies could help us stay solvent amid the bear market?
quoting so everyone can see.So, I was doing some research on how can I protect my earnings and came accross the information that in response to falling crypto prices and increasing energy expenses, publicly listed Bitcoin miners were forced to sell nearly all of the BTC that they've mined in 2022.
IMG from the original source: https://imgur.com/VSPSlfi
What I'm wondering here is if there is a way for miners to hedge against shrinking margins? Do you think hedging strategies could help us stay solvent amid the bear market?
Miners sells because they need to pay for their energy. This always happens, as their cost is too high
You can expose some money to fiat which has less volatility if you are affraid.
