What Bitcoin giveth, Bitcoin taketh away. For better or worse, publicly traded Bitcoin mining companies trade in sympathy with the price of Bitcoin. That said, this has been (so far) a phenomenal day for Stronghold Digital Mining when it comes to revenue inputs. Not only have Bitcoin hash prices been really constructive (despite the BTC flash crash), but PJM grid prices (in particular, PJM-PENELEC) have been extra amazing. For most of the morning prices in that zone of the grid were averaging $155+ per megawatt. Alright, tomorrow is the big day…. we all find out what’s going on with SDIG’s carbon capture initiative! I’m super excited, and, yeah, perhaps just a LITTLE bit worried, but that’s kinda normal for me. HOMEMADE STRONGHOLD DIGITAL MINING DASHBOARD: https://zeiner.com RESEARCH
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