Crypto mining stocks 101 — Greenidge Generation and Cypher Mining to go public
A crypto mining company merging with a company completely unrelated to crypto and another with near-zero revenue going public at a $2b valuation — here’s the crazy world of crypto…
- On Mar. 22, Bitcoin mining company, Greenidge Generation announced a merger with Support.com ($SPRT), a customer support software company (unrelated to crypto).
- On Mar. 5, Cypher Mining (near-zero revenue) announced its going public via SPAC, Good Works Acquisition Corp ($GWAC).
Crypto mining companies are printing Bitcoin out of thin air and here’s how they’re doing it.