Deep Brother often says: "There is no eternal mining myth in the crypto world, only continually evolving survival rules! Bit Digital's turnaround from loss to profit perfectly illustrates what it means to 'change the people if you don't change your mind!'"
1. Deep Brother breaks down the financial report: Turning losses into profits hinges on 'not doing the right job'
At this time last year, Bit Digital was reporting a loss of 12 million dollars, and Deep Brother had said: "The pure mining model will eventually be dragged down by electricity costs and bear markets!" As a result, in the second quarter of this year, they directly made a staggering 14.9 million dollars!
Deep Brother's commentary:
The smartest thing about this company is that it didn't stubbornly stick to mining, but transformed into a 'digital asset custodian' — helping institutions store coins, arbitrage, and earn interest. Simply put, it's 'miners turning into banks', which is the true dimensionality reduction strike!
2. Deep Brother views the industry: Mining machines can stop, but the brain cannot stop
In the past, the survival logic of mining companies was very simple: compete on electricity costs, computing power, and the number of machines. But Deep Brother has long reminded: "No matter how high the computing power, it can't withstand a halving of coin prices!" Bit Digital's recent actions prove that — knowing how to mine is not as good as knowing how to play!
Computing power leasing: Rent idle computing power to AI companies for stable cash flow
Asset custody: Helping large clients manage Bitcoin, collecting 'custody fees'
Arbitrage trading: Buy low and sell high using market fluctuations, guaranteed profit
Deep Brother's sharp summary:
"In the crypto world, those who only focus on mining eventually become 'electricity bill philanthropists'; while those who use their brains have long transformed into 'crypto bankers'!"
3. Deep Brother talks about trends: Where is the future of mining companies?
Deep Brother has observed that now leading mining companies are quietly transforming:
Marathon Digital starts offering Bitcoin ETF related services
Riot Platforms has begun trading hash rate derivatives for hedging
Hut 8 has even directly entered the AI computing power market
Deep Brother predicts:
"In the next three years, purely mining companies will become fewer and fewer; those that survive will definitely be super players that combine 'mining + finance + computing power services'!"
4. Deep Brother's advice to ordinary investors
(1) Don't be fooled by computing power data — no matter how high the computing power, if the business model is poor, it will still collapse!
(2) Pay attention to 'crypto service providers' — custody, lending, derivatives, these are the next wave of dividends!
(3) Those who survive in a bear market are all 'transformers' — only companies that can adjust their strategies at any time are worth long-term investment!
"While others are still asking 'how will miners survive after the halving', Bit Digital has already used financial reports to slap everyone in the face — making money in the crypto world has never been about who works the hardest, but who is the most adaptable!"
(This article is published by @Deep Brother on trends!)