GrayScale invites investors to take up a bought -in mining equipment - Bits Media

Фонд Grayscale Digital Infrastructure Opportunities (Gdio) It is going to attract investments in the purchase of ASIC-Mainers for the management company Pula Miners of the Bitcoins Foundry Digital.

GDIO plans to purchase mining equipment, Bitcoin and quarterly trade daily Distribute operational income among investors. GRAYSCALE General Director Michael Sonnenshain (Michael Sonnenhein) He explained the decision so:

“After a conversation with Foundry CEO MIKOK KOTER (Mike Colyer) and his team about cryptosima, we came to the conclusion, that there is an opportunity to directly connect investors with cryptocurrency mining and gdio ".

Considering, that mining is now less profitable, than during a bull's trend in the market, The main thing for GDIO was the opportunity to buy equipment of problem companies, in which the profit decreased and they began to unprofitable to mines bitcoins. First of all, those, who has purchased new equipment on credit.

Gdio puts on the growth of bitcoin in the future as part of the four -stage mining cycle: "Landing bull", "Golden fever", "Replenishment of stocks" and "shake". Grayscale experts say, that the mining cycle has now entered the stage "Cleaning Reserves", When the hashReit is high, But the price of BTC has fallen significantly. Subsequent "shake", by theory, will lead to the fall of the hashReite, Since most miners will be forced to disable asic major:

“Historically, it turned out, that the placement of capital at the stage “tentative” And the exit at the stage “gold fever” is the most profitable. ”

Grayscale investment will be available only for accredited investors and minimum size $25 000.

However, Last month, the senior vice president of the mining strategy at Foundry, which operates with a Foundry usa bullet, stated, that the total income of Bitcoin miners in August was $657 Milln is on 10% more than July and the first month of growth since March of this year.