The rules of the crypto world are about to be rewritten by traditional capital!
A public announcement from the Hong Kong-listed company Ruishi Digital Intelligence has ignited the crypto market—this traditional fintech company is surprisingly collaborating with global mining giant Bitmain to engage in Bitcoin cloud mining! The first phase invests 20 million Hong Kong dollars to rent mining machines and share Bitcoin. This move has directly opened a new avenue in the crypto space!
The 'overt strategy' of traditional capital: compliant mining, targeting exchanges.
Ruishi Digital Intelligence's 'cloud mining' is essentially about renting mining machines, saving costs, and sharing profits. But even more aggressive is that they announced back in July their plans to establish a virtual asset trading platform! This isn’t just mining; it’s clearly using mining as a springboard to harvest the dividends of exchanges in the future. Being a Hong Kong-listed company effectively labels their business as 'legitimate', making it difficult for retail investors to follow suit—either shell out money to buy cloud computing power or watch the elites feast on profits.
Impact on the crypto market: three burning issues, retail investors be cautious!
Traditional capital’s 'devirtualization'
The transition from 'buying coins' to 'mining' by listed companies is not new, but Ruishi Digital Intelligence is definitely the most attuned to policy trends—they're seizing the opportunity as Hong Kong promotes Web 3.0, and following them could be pension funds and sovereign funds!
A major reshuffle in the mining industry
As cloud mining becomes widespread, small and medium-sized mining operations could see a significant decline! Retail computing power will be absorbed by the elites' 'cloud computing pool', and mining operations will either transform to work for listed companies or face elimination.
Bitcoin price remains 'stable with a slight increase'
In the short term, increased computing power will raise mining difficulty, but the continuous influx of traditional capital will, in fact, elevate the market’s consensus on Bitcoin as 'digital gold'. Retail investors should not rush to sell; it might be more valuable in the long run!
Long Ge’s perspective: retail investors shouldn’t confront directly; leveraging opportunities is more important than creating them. Either wait for the elites to heat up the market before buying in or focus on the opportunities of compliant platforms—like the exchange that Ruishi Digital Intelligence plans to establish, which could have policy benefits!
Ruishi Digital Intelligence has kicked open the door for traditional capital to enter. Will Bitcoin break through $120,000 as a result? Will retail investors cling to the elites or suffer even greater losses?
Follow Long Ge to penetrate the market fog and capture opportunities in advance! Keep up with the rhythm, don’t wait until others have made a fortune to regret!
