Publicly Traded Mining Companies
Bitcoin mining (and mining of other digital assets) has emerged as a vibrant new industry. Investing in a publicly -traded digital asset mining company provides exposure to the economics of mining of digital assets, such as bitcoin.
Mining of bitcoin and other digital assets is complicated and requires significant capital expenditures in sophisticated computer hardware.Mining also incurs significant operational expenses, including electricity costs to power the mining computers and cooling equipment needed to prevent them from overheating.
The profitability of digital asset mining is largely dependent on the price of the digital assets being mined.