BitMine’s Crypto Challenges ⚠️

[johnblockbuster]

Despite ARK’s new investment, BitMine faces $2.1B in unrealized losses from its Ether reserves amid the crypto market downturn.

The company currently holds nearly 3.4M ETH, adding over 565,000 ETH in the past month, showing continued accumulation even in a volatile market.

[alex10]

Mining margins are shrinking fast — energy costs and BTC difficulty are crushing smaller players.

[Nahid Hossen]

Unless BitMine pivots to efficiency or renewables, profitability looks rough ahead.

[The_Walking_Dead]

Accumulating through pain is the mark of conviction.

[Capybara_Capybara]

Stacking ETH like it’s on sale.

[Swipe]

Downturns test balance sheets, not headlines.

[Revenant]

Still building in red times — respect that.