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Crypto Weekly: 3/17/2021

Bitcoin Mining: The Modern Age Digital Gold Rush

As coined by Mark Twain, “During the gold rush it’s a good time to be in the pick and shovel business.” Bitcoin and the wider crypto market are the modern age digital gold rush. As investors rush to gain exposure to scarce digital assets rapidly appreciating in value, critical infrastructure and service providers have positioned themselves to capitalize on the growing market. Even more fundamental than the crypto exchanges, custodians, market makers, and prime brokers, Bitcoin miners and mining companies are among the most important core infrastructure required to ensure the public network operates as designed.

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