Jiang Zhuoer: borrow money from the market or like to invest in mining.
The 2nd edition of the Bit Deer 421 Water Harvesting Festival and Mining Conference was held today in Beijing. At the meeting, Jiang Zhuoer, CEO of Lebit & Bitdig, gave a speech titled "Why 90% of speculative coins lose money while 90% of mining industry earns money". When it comes to "borrowing from a business or investing in a business," he gives his opinion and gives four reasons. 1. The mining mode is easy to understand. 2. Mining has enough money. 3. Has a physical mining machine. 4. Have a compliance agreement and mandate. Jiang Zhuoer also said that the key to lending to industry is only to keep the coins and keep the coins mined, and once the price increases, you can sell coins to pay off the loan. The bear mining industry will continue to make money until the energy bill increases.
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