Investors today face a striking dilemma. The S&P500, once the epitome of broad diversification, is now dominated by a small number of AI tech giants. Their share prices have risen so much that the index has almost become a mirror image of a handful of expensive companies. The risk of that is clear: if one of those giants stumbles, the whole market feels the blow. In contrast is the largest cryptocurrency.

Despite fluctuations, it offers momentum that is less dependent on a single cluster of companies.

Whereas the S&P500 floats on overconcentrated and pricey expectations, crypto actually seems to promise more room for new capital flows and growth. For those looking ahead, that's a compelling argument.

$VOO (+0.04%)
$VUSA (+0.2%)
$BTC (+1.49%)
$XRP (+2.11%)
$ETH (+1.96%)
$SOL (+3.58%)
$MSTR (-1.24%)
$BMNR (+1.69%)
$MARA (-1.35%)
$IBIT
$IB1T (-1.14%)
$ETHA

$BTC (+1.49%)
$ETH (+1.96%)

For those who are interested:

https://bitcointreasuries.net/

Entities holding >100 ETH in their treasury:

https://strategicethreserve.xyz/

$BMNR (+1.69%)
$SBET (+0.7%)
$MSTR (-1.24%)
$SWC
$3350 (-4.08%)
$CLSK (+2.75%)
COIN (-1.6%)
$MARA (-1.35%)
$RIOT (+0.67%)
$BTBT
$ETHM (-7.09%)
$CORZ (+0.92%)
$BTDR (+3.8%)
$GLXY (+4.1%)
$CIFR (+8.14%)
$IREN (+5.16%)
$DJT (-2.44%)

$IREN (+5.16%)

A large part of the investment thesis of $IREN (+5.16%) is linked to the company's ambitious expansion into the fast-growing AI/HPC sector.

While $IREN (+5.16%) Bitcoin mining yields remain exceptional, performance in this segment is heavily influenced by factors outside of the company's control - namely price, network difficulty and ASIC prices. $BTC (+1.49%) -price, network difficulty and ASIC prices.

Today's demand for AI computing power is only a fraction of what will be needed.

The reasons are:

- AI switches from text to real-time video, 3D and full scene understanding

- AI co-pilots integrated into every productivity and development tool

- Autonomous robots, vehicles and smart factories

- AI-generated content on a large scale: ads, movies, virtual worlds

- Constant retraining of boundary models, 100 times more computationally intensive

Access to AI computing power and related infrastructure will be critical for major tech companies to defend and grow their multi-billion dollar valuations. These players are outbidding each other, not only to secure capacity, but also to prevent others from obtaining it. Whoever controls the most computing power capacity and supporting infrastructure will gain a massive advantage over the other.

We have already seen this in the race for $NVDA (-2.07%) chips, the biggest bottleneck in the AI value chain today. But this bottleneck is shifting as computing capacity becomes increasingly constrained by access to AI-optimized energy infrastructure.

And here, in my opinion $IREN (+5.16%) that has more than 3 GW of AI-optimized infrastructure will benefit. It takes time to build, contracts for infrastructure and power connection contracts are becoming more difficult, and the land and locations required are becoming more expensive, $IREN (+5.16%) has recognized this early on.

Increase in hash rate since 2023:

$IREN (+5.16%) available today with $IREN (+5.16%) AI Cloud has $NVDA (-2.07%) H100 and H200 GPU clusters.

These clusters are powered 100% by renewable energy.

$MARA (-1.35%)
$CLSK (+2.75%)
$BTC (+1.49%)
$MSTR (-1.24%)
$RIOT (+0.67%)
$CRWV (+2.05%)
$META (+0.1%)
$AMZN (-0.51%)
$GOOGL (-0.13%)
$NVDA (-2.07%)
$MSFT (+0.36%)
$WULF (+4.45%)
$CIFR (+8.14%)
$CORZ (+0.92%)
$BTDR (+3.8%)

$3350 (-4.08%)
$MSTR (-1.24%)
$BTC (+1.49%)
$TSLA (+1.37%)
$MARA (-1.35%)
$BLOCK (+3.36%)
$HUT (+9.12%)
$CLSK (+2.75%)
$RIOT (+0.67%)
$COIN (-1.6%)
$DAPP (+1.17%)

Following the purchase of 1,234 additional BTC, the Japanese company now holds $3350 (-4.08%) now holds 12,345 Bitcoins, overtaking Tesla's 11,509 BTC. This makes the company the seventh largest corporate holder. The company plans to reach 210,000 BTC by 2027. $BTC (+1.49%) by 2027. $MSTR (-1.24%) continues to lead with 592,345 BTC.

Why you are always dumping😂

$RIOT (+0.67%)
$CLSK (+2.75%)
$HUT (+9.12%)
$MARA (-1.35%)

#investeren
#bitcoin
#crypto
#stocks
#aandelen
#miners
#meneervermogen

Some time ago I introduced you to my little $BTC (+1.49%) desktop nerdminer with a computing power of 77,000 hashes per second:

https://getqu.in/gWKxbn/

Today my desktop got a little update and... I don't want to brag, but $MARA (-1.35%) and co. can pack their bags!

From now on I'm also serious in the mining business! With my Bitaxe Gamma and a computing power of over 1.3 TH/s, it won't be long before I find the next $BTC (+1.49%) find the next block😎

Joking aside, I've bought myself a new toy. The Bitaxe Gamma achieves around 1.3 to currently even 1.6 TH/s, is equipped with a BM1370 ASIC chip (from the Bitmain Antminer S21 Pro) and comes with an energy efficiency of approx. 15W/TH, which is already very strong compared to other devices.

How much Bitcoin do I earn with it now?

Very probably exactly 0!

I just let it run on the side and hope to find a valid block on my own.

That would currently earn me 3.125 BTC + the transaction fees🤑

The probability of this happening is currently around 1:4 million per day. If you consider that you have a 1:140 million chance of winning the lottery once a week, lottery mining is a lot more promising! But of course you can also talk yourself into it😂

Apart from the mini chance of winning a block, what other advantage does this have?

Well, you actively promote the decentralization of the network - and besides, people who mine themselves are cooler than others, so I've heard👀

In the picture you can see the Bitaxe on the left and my Bitcoin Fullnode on the right. I also run my own mining pool on this one. If the Bitaxe were to find a block, my node would propagate this block into the network.

I can only recommend anyone who wants to get more involved with Bitcoin to get a node or a small miner and play around with it. There is always a great learning effect :)

If you have any other questions about the miner / node or whatever else, feel free to write them in the comments😊

Have a nice holiday and a nice long weekend!

Grüße✌️