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Come get your Bread&Butter: Mining for Gold While Bitcoin Cuts In Half
April 23rd, 2024
Welcome Back! count: 666 words…. 6min read. Don’t be lazy knowledge is power. Copy edited by Anthony Snaggs, Ion Ageday, and Kervins
Mining for Gold While Bitcoin Cuts In Half
by Kervins Valcourt
🧈 Butter time: All we have been hearing about for the past month if you're in the know, is about the Bitcoin halving. This event only comes up once every four years. No one is talking about the miners. Deadass, the miners are shook right now, especially the small cap miners. Why do I say that? Well, BTC mining has literally become half as profitable to mine. So what do I think is going to happen with this news? It’s about to be a bloodbath, and only a few companies will come out with the win. It’s about to be a John Wick movie up in this bitch. For the next year, expect several mergers and acquisitions and smaller nonpublic miners to go under.
How can we make some of this bread 🍞 ? Well, let’s bet on the winners. I would look at Marathon Digital (MARA) and Riot Platforms (RIOT). Those two companies are the strongest, in my opinion. Their balance sheets, looking right, consist of more than $1 billion each in combined cash and BTC. And with the upcoming climate, they are going to get a lot bigger soon. It's time to stock up.
Lazy and tired of reading long paragraphs? Say no more!
We understand that many people have short attention spans so here’s a newsletter that uses visuals to easily absorb the knowledge you need. 👇️ 🍞 👇️ 🧈
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We explain the latest business, finance, and tech news with visuals and data.📊
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“ROCK” Is Your Ticket Out The Hood
by Anthony Snaggs
Some of you who are reading this probably grew up in the hood and are familiar with crackheads and the lengths they go to satisfy their addiction. At this point, the dumb shit they have done has become more of entertainment, as sad as their situation is.
The fact of the matter is, we need to be like crackheads in order to achieve our goals.
Now, I'm not telling you to actually go do crack; I'm saying we need to take a page out of a crackhead’s book and apply it to our lives.
Your local crackhead possesses more drive, commitment, and focus than any of us can ever have. This is because they devote their energy and focus to one goal, which is to get high. They’ll do something strange for some change 100% of the time without a doubt.
They achieve their goal every time with ZERO distractions, lol. If you can focus on your goals like a fiend focuses on drugs, then you can achieve practically ANYTHING in life.
The only difference between us and crackheads is that we’re addicted to different things. In our case, it’s social media and our phones. We'd all be much further in life if we weren't constantly distracted.
I can almost guarantee that the first thing you do in the morning before brushing your teeth is check your phone and go on social media.
Here’s a question to pick your brain:
How many years does the average American spend on their phone? |
Now, think about how much further you'd be in life if you had those years to focus straight without all those years of distraction.
The distinction between those who achieve their goals and those who don't can often be boiled down to ONE factor: How distracted they get from their goals.
To break free from these shackles, follow these steps:
Create a list of tasks needed to accomplish your main objective outlined in step 1.
Eliminate tasks that do not contribute directly to advancing your goal.
Prioritize the tasks based on their significance, from most crucial to least.
Concentrate solely on the top-priority task at hand, avoiding multitasking.
Upon completion, proceed to tackle the next task in order of priority.
Remember it doesn’t matter if you're broke as a joke or starving, just maneuver every situation with the same focus a crack head has and you’ll be straight!
Lazy and tired of reading long paragraphs? Say no more!
We understand that many people have short attention spans so here’s a newsletter that uses visuals to easily absorb the knowledge you need. 👇️ 🍞 👇️ 🧈
With Bay Area Times, you will get graphics like these, so you quickly understand the news without having to read through long and boring paragraphs.
We explain the latest business, finance, and tech news with visuals and data.📊
All in one free newsletter that takes < 5 minutes to read. 🗞
Save time and become more informed today.👇