ATC quote · Sep 4, 2024 · 1:17:33
“No. No. No. Please go, Nat. I was gonna ask you. Like, did you... Like, can you give us any insight on it?”
Dave @DCBK2LA (speaker unconfirmed)
From ATC: Dave Kool & NatNat talk All Things Crypto DePIN s Part 2, Sep 4, 2024 · Episode page

In context
1:17:30 NatNat @Natnatx007 (speaker unconfirmed): And they have riot... Sorry, Dave. Go ahead.
1:17:33 Dave @DCBK2LA (speaker unconfirmed): No. No. No. Please go, Nat. I was gonna ask you. Like, did you... Like, can you give us any insight on it?
1:17:37 NatNat @Natnatx007 (speaker unconfirmed): Yeah. So the problem... The issue with the riot is they do have a cash pile. Right? So a lot of these mining companies, they have a cash pile that they can done... Dig into. The problem is the cash burn rate. Right? They're burning through their cash faster than they can accumulate profit. So that's the issue going on right now. So in order to, like, maintain the balance, that's what they're doing. They're selling…
Show discussion only, not financial advice. Transcripts are auto-generated.
