As Bitcoin price continues to make new highs in 2021, it is imperative to understand that the current Bull Cycle (March 2020 - Present) has been, and continues to be, disproportionately driven by institutional investment, while retail investors have remained slow to participate. This is a powerful signal that the present Bitcoin Bull market is still in its early stages. A key characteristic of early Bull Market’s is heavy institutional accumulation during the early stages of the Bull Market. We are presently witnessing this unfold in Bitcoin.
Read MoreJoin host Noah Buxton, members of the Armanino Blockchain practice, and Special Guest Mason Jappa, CEO of Blockware Solutions as they reflect on this incredible year of innovation and change within the digital assets industry.
Read MoreMassMutual has announced that they have added $100 million of Bitcoin to their balance sheet, an investment that makes up approximately 0.04% of their total investment assets. This is massive news for Bitcoin, as MassMutual is a Fortune 100 life insurance firm, therefore experts in managing risk. In our opinion, this is one of the most important pieces of news for Bitcoin in 2020. With current factors such as massive QE and negative interest rates, MassMutual feels that Bitcoin is a safer play than many ‘traditional’ assets.
Read MoreThis article is co-written by Luxor Mining and Mason Jappa, Sam Chwarzynski, and Tanner Davis of Blockware Solutions, a leading US based ASIC broker and hosting facility.. Blockware offers an all-encompassing mining package from equipment procurement to hosting and research.
Starting a crypto mining operation can feel both intoxicating and daunting. You generally have some belief in crypto and want to take part in the energy arbitrage available to generate it at a lower cost than purchasing it. But where do you start?
This guide covers the investment decision, the process of purchasing equipment, and other key considerations.
Read MoreThis week billionaire fund manager Stanley Drunkenmiller became the latest ultra-high net worth investor to announce he is long Bitcoin. Drunkenmiller, widely considered to be one of the world's greatest investors, joins other Institutional Bitcoin Bulls like Paul Tudor Jones, Jack Dorsey, Michael Saylor, and Steve Wozniak in expressing their belief in Bitcoin as a Store of Value & Inflationary Hedge. In his recent interview with CNBC Drunkenmiller disclosed his long-Bitcoin (and long-Gold) positions, explaining that Bitcoin has become an attractive store of value, especially to Millennial & Silicon Valley investors. Despite holding a much larger position in Gold than in Bitcoin, Drunkenmiller also stated that, "... if the Gold bet works, the Bitcoin bet will probably work much better because it has a lot more beta to it."
Read MoreOn this Episode of The Sazmining Podcast and CEO of Sazmining, William asked Blockware Solution’s CEO, Mason Jappa, about strategies for purchasing the latest mining equipment. Mason shared some compelling ideas about where he sees the future of crypto-mining.
Read MoreBased on current block times we expect to witness one of the largest Difficulty Reductions in Bitcoin History this Monday (11/2/2020), with estimates ranging from -13.65% to -14.18%. In the past, extreme Difficulty reductions have signaled favorable probabilities for long term capital deployment.
Monday’s Difficulty reduction puts miners in a unique position to capture the opportunity in Bitcoin as their margins are improved by: the favorable Difficulty adjustment, increasing transaction fees, and general Bitcoin Price Appreciation (+25% in October). It’s a great time to be a Miner!
Read MoreMason Jappa and Sam Chwarzynski are the Co-Founders of Blockware Solutions, one of North America's largest distributors and of bitcoin mining hardware.
On today's show we talk about the impact bitcoin acquisitions by MicroStrategy and Square may have on the market, how price correlates to demand for mining hardware, and how three friends got together to start one of North America's most prominent mining services companies.
Read MoreWe have witnessed a massive expansion of Institutional Bitcoin Mining activity in 2020 since the Halving occurred in May. This has led to an unprecedented demand for next-gen mining rigs and created lead times of 5+ months for models like the Bitmain Antminer S19 Pro. Bitcoin Network Hashrate and Difficulty continue to increase steadily as more of these new models come online each day. Although this activity is making the Bitcoin Mining landscape more competitive, it is also providing a very strong, positive signal for the Market. Growing Institutional investment in Bitcoin Mining indicates growing conviction in the future of Bitcoin.
Read MoreThe Bitcoin halving of 2020 has come in gone, and perhaps now we are beginning to see the effects of the difficulty adjustment as the price of Bitcoin increases. Prior to the event, we spoke with CPA Matt D’Souza to discuss what would happen next. We discussed mining gear and why this is just one more step towards Bitcoin becoming true digital gold.
So grab your pick and shovel. Even though it won’t do you any good where Bitcoin mining is concerned, let’s face it.. You look badass holding them. Welcome to episode #430 of The Bad Crypto Podcast.
https://badcryptopodcast.com/2020/07/27/bcp-430-all-about-mining-with-matt-dsouza/
Read MoreEvery month, Blockware CEO Matt D’Souza will provide an update on the state of the Bitcoin Mining Market. The scope of Matt’s involvement in the space provides a well-rounded perspective, which allows Matt to harmonize what is happening in Bitcoin, the Global Macroeconomic Environment, and Bitcoin Mining to develop a comprehensive understanding of what influences Bitcoin.
Read MoreWhat is fascinating about BTC are the multiple short-term correlations that emerge. We have witnessed strong, short term correlations to Gold, to USD/CNY, and most recently US Equities.
Read MoreListen to Matt D’Souza from Blockware Solutions as he discusses Bitcoin Mining and the Fundamentals of Bitcoin during the Crypto Asia Summit Virtual Conference.
The scope of Matt’s involvement in the space provides a well-rounded perspective, which allows Matt to harmonize what is happening in Bitcoin, the Global Macroeconomic Environment, and Bitcoin Mining to develop a comprehensive understanding of what influences Bitcoin.
Read MoreA panel discussion on Bitcoin mining and post halving. Join four leading experts and learn more about how you can capitalize on these opportunities in bitcoin and support an amazing technology.
Matt D’Souza
Tone Vays
Robert Breedlove
Stephan Livera
By marrying the proper strategy and time horizon, Bitcoin Mining offers opportunities to significantly outperform simple buy and hold investment strategies. Bitcoin’s extreme volatility is best managed with a Dollar Cost Average Strategy, which mining best achieves…Mining is an excellent complement to holding Bitcoin. Market participants should have exposure to both to best position themselves over the long-term to capture the opportunity in Bitcoin: a disruptive technology and commodity in its infancy.
Read MorePanel: Join Blockware and experts in the discussion of financing options, derivatives, treasury, and risk management for Bitcoin Miners.
Read MoreMany haven't noticed yet, but 30%+ of the mining network has shut off since the Halving. New Bitcoin is being allocated to more efficient miners who can hold and accumulate…
Difficulty just adjusted (-6%) and if the Bitcoin Network Hash Rate remains at present levels and block times remain constant, then Difficulty is estimated to decrease by another 16%-21% between now and the next adjustment. This reflects the immediate impact of the Halving - a net difficulty reduction of 22%-28%. Miners are going to receive margin relief
Read MoreWe discuss how to catch the opportunity in #Bitcoin, how the Perfect Storm Brewing for Bitcoin, and how the @BlockwareTeam is providing US Miners access to a turnkey mining solution that will allow them to remain competitive well beyond The Halving. Don’t Miss this one, full link for viewing below:
https://www.youtube.com/watch?v=cjHaYjBfWu0&feature=youtu.be
Read MoreWe analyze 2 Mining Strategies vs Holding Bitcoin:
Buy and Hold Strategy: a miner buys Bitcoin and holds for the long-term
Mine and Sell to Cash: a miner buys a mining rig and sells all rewards daily to cash for the life cycle of the machine
Mine and Play with House Money: a miner buys a mining rig and sells their operating expense to cash but holds the remainder in Bitcoin
With the proper strategy and time horizon, Bitcoin Mining offers opportunities to outperform simple buy and hold investment strategies. Many market participants get distracted by the illusion of being able to buy Bitcoin at the low and sell at the top. This is an improbable, lottery ticket strategy.
Read MoreJoin Blockware Solutions and other Global Bitcoin Industry Leaders for our first "Market Insights Webinar," this Friday May 1, 2020 at 12:00 pm CST. Our panelists bring a wide range of experience from different sectors of the Bitcoin Ecosystem including: Bitcoin Mining, Fund Management, Commercial Lending, Software Development, Research & Advisory Services, and more!
Panelists will participate in a detailed discussion on the current state of the Bitcoin Market regarding the following topics:
Expectations for Halving 2020
The Evolution of Bitcoin Mining
Bitcoin’s position in the Global Macro Environment