iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,463 Blog Posts

Gross Margins Matter

If you look at the biggest winners throughout history, you will find them to be companies with very high profit margin. Amazon wasn’t killing it until they started selling cloud services on an enterprise level, which greatly increased their gross margins.

I am going to steer this right back the fuck into Bitcoin and there is nothing you can do about it.

Here are the lowest producing Bitcoin miners.

You see WULF at the very highest margins? Do you want to know how they’re able to achieve it? I’m gonna tell you anyway.

NUCLEAR FUCKING POWERED MINING MACHINES.

While you cunts twiddle your thumbs with windmills and solar panels, the men at WULF are using clean energy that works, via boiling water.

While WULF is small, they’re growing. They produce about 12 BTC per day and there’s a reason why the stock price has been hot. Coming in at #2 on margins is CIFR — again small but highly profitable.

When BTC catapults to new RECOURD HIGHS, you will remember the day I posted this and be grateful for it.

OR, these CEOs of those companies turn out to be criminals and you’ll really hate me.

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