Why Bitcoin Traders Are Becoming Miners

This is an episode of Compass Live hosted by Compass Mining. In this livestream, Compass chats with a panel of professional traders and investors to learn why they became bitcoin miners.

Three traders who started mining with Compass are guests on this stream to share why they decided to become miners. All three guests share the reasoning for their new venture, what would stop them from mining, if they plan to treat it like another trade, and how the view the market long term. ???? Follow them on Twitter.

✔️ Lyn Alden: https://twitter.com/LynAldenContact
✔️ Scott Melker: https://twitter.com/scottmelker
✔️ Crypto Cactus: https://twitter.com/TheCryptoCactus

Follow our hosts on Twitter too!

✔️ Zack Voell: https://twitter.com/zackvoell
✔️ Will Foxley: https://twitter.com/wsfoxley

Compass hosts livestreams every week on WEDNESDAY and FRIDAY with the leading experts in cryptocurrency mining. Don't miss them! ???? Subscribe: https://www.youtube.com/c/CompassMining?sub_confirmation=1

???? You can LISTEN to audio versions of all livestreams on ???? Apple Podcasts (https://apple.co/3fNfrdi), ???? Spotify (https://spoti.fi/3tSf9G1), ???? Anchor (https://bit.ly/3rmb7UF), ???? RSS (https://bit.ly/3chpULV) or anywhere else you get your podcasts!

Thanks for watching!

???? TIMESTAMPS:

0:32 - Introductions
11:34 - Active or passive mining
19:53 - Treating mining like a trade
24:50 - Mining through a bear market
31:17 - Objections to mining from traders
39:50 - Are we in a supercycle
44:20 - Mining compared to other crypto investments
49:53 - Reasons to stop mining
58:19 - Mining at home

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LinkedIn: https://www.linkedin.com/company/compassmining

Happy hashing! ????

#Bitcoin #BitcoinMining