Blockstream’s Genius Move – 273

Today's sponsor is BT miners BT miners Has been a longtime sponsor of the Channel and a proven reliable source for Asic miners if you are looking to Purchase as6 Hardware from Bitcoin to Dogecoin miners they are available for Purchase on bt- BT miners has Recently launched an app on IOS and Android that lets you browse their Inventory by profitability and return on Investment follow the affiliate Link in The description and use promo code s o a For a Discount now Bitcoin mining rig prices Or as6 in general are on the rise and on Top of that you know we're starting to See RTX 490s completely disappear off The network or off the off the store Shelves I should I should say and we're Starting to see that filter down to the Rest of the gpus now due to the increase Of price of gpus at retail from the Previous generation of the 300 series Nvidia also never gave really good cuts On gpus in the first place they just Ended up sitting on the shelves and People didn't buy them and they remained Extremely high now we're getting to the Point to where people are buying up These gpus and we're starting to run out Again and then on the flip side the as6 Are starting to go up in price Blockstream is prepping a new sale of Notes designed to profit from these

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Rebounding prices and it's pretty Interesting the basic note is a Bitcoin Denominated investment vehicle to acre Gains from the price of Asic mining Equipment which blockstream anticipates Will rise post having and here's the Thing that's interesting about this Because it's giving you as an individual You know obviously the potential to Invest I think here in in the uptick of The price of as6 without buying the as6 I don't agree with this before we get Into it I think you should just buy the As6 and then you know I obviously it Takes more work but like I said this Channel isn't about passive income so You know this might get passed off to You as passive income in an easy way the Easier way it is the easier it is the Easier it is for you to lose it that's That's the way I look at it but let's Get into it fresh from surpassing its $5 Million Target in series 1 for its basic Notes designed to profit from rebounding Bitcoin mining rig prices block is Returning to the market with the series 2 the Bitcoin infrastructure firm raised $5 million for his blockstream Asic Basic note series 1 in September of Which it will allocate 4.87 million to Acquire ant minor s9k Pro Asic mining Machines the target for Series 2 is yet Undisclosed according to a blockstream Spokesman block stream is aiming to

Capitalize on historically low prices For mining Hardware ahead of 202 24's Bitcoin having according to an emailed Announcement on Wednesday basic is a Bitcoin denominated investment vehicle To ACR gains from the price of Asic Mining equipment which blockstream Anticipates will rise post having a Pitch for the notes wo getting squeaky There describes the investment strategy Like this quote leveraging blockstream's Long track record leading Market Position substantial scale broad Expertise and strong relationships Across the as6 supply chain the Bas Structure plans to acquire and Warehouse New and unused Asic at attractive prices And to eventually strategically sell Them back into the market as the Industry R rebounds within the next 12 To 24 Months unfortunately everybody's Starting to catch on if you guys have Taken my crypto mining ecourse over at Sonof you would know that this Is the strategy that I've been deploying For the past you know s eight years so This is you know Obviously a a a very good strategy and Is probably going to pay off for them What's going to be interesting though is Now that people are catching on to this I think the strategy's got to shift at Some point

Because I think the other thing that People are missing is once the Bitcoin Fees reach basically the same as the Bitcoin block reward the newly minted b Bcoin or Bitcoin there we go what we're Going to see I think is a leveling out Of the The the disparity between the bare Market and the bull runs in that Four-year cycle I was projecting that Really to beat out maybe another three Cycles but I think that's quickly Changing because of ordinals and Ordinals are bringing up the fees on the Bitcoin Network and if that remains Through the bare market right I think We're going to see basically an Acceleration of us moving into what I Think people refer to is like the macro Cycle right where we're going to Stabilize the price of Bitcoin I'd like To hear your thoughts and opinions of Course in the live chat as well as the Comment section Below on that one now You guys mind during the bare Market you Made it through well at least maybe a Half of you I know a lot of you over here didn't actually Do it but the ones that did I have a new Shirt for you guys and it says I mined With the bear For the be Market okay so if you mind With the Bears and you want to rep that You did mine during the be Market go

Ahead and head on over to shop.on of and the listing will be down Below I'll put it in live chat right now I have a sweatshirt there's a sticker if You'd rather have a sticker t-shirt Premium shirt all that cool cool stuff Um really like the new shirt I ordered a Few for myself and I just had that Design finished this week eventually It'll be under on the YouTube channel But that takes a little bit of time so Just give it some time uh proceeds of Course go to supporting me in the Channel so there you go and I thought uh We put some work into it and I thought You guys might enjoy It thanks for watching this clip from The crypto mining show you can check out The full episode here and don't forget To subscribe down here as well you can Also check out my crypto mining ecourse At son ofate where you can get A free month of supporter status with a Purchase at sonof tech. also Don't forget to check out my merch Underneath the video or at shop.of I'll see you next Tuesday

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