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Nick Helgeson's avatar

Really intriguing, thanks as always for the thoughtful post.

Do you know what drove the recent hash rate growth (Nov/Dec ‘24)? I think that’s an important fact to determine in understanding the sustainability of hash rate growth. I haven’t been able to track down a cause.

Edit: Looks like it coincided with a broader market surge.

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Six Bravo's avatar

I don't have a firm answer.

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ADW's avatar

Interesting! Thanks for writing this up. What, to your mind, would this small bet come to as a percentage of portfolio?

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Six Bravo's avatar

Less than one percent.

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NJ capital's avatar

Thanks ,a nice simple and sound idea 💡

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Six Bravo's avatar

Thank you.

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Al Christie's avatar

I have some ETH. how does holding the actual crypto compare, in your opinion, with ETCG? Same question for BTC compared to GBTC..

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Six Bravo's avatar

I prefer to hold crypto directly, to avoid management fees, but when a funds trades below NAV I'm willing to buy it.

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