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DMGGF - For Riot Blockchain To Just Break-Even Bitcoin's Price Would Have To Average $19000
DMG Blockchain Solutions Inc
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On 5/14/20 we published a report on Canaan (CAN), a Bitcoin (“BTC”) mining machine manufacturer. We warned shareholders about how Bitcoin mining is an unprofitable business, about the company’s inefficiencies and how overvalued it is. After we published that report, CAN fell over 50% in two weeks as shown in the chart below:
1-Month CAN chart
Now, we are taking aim at another Bitcoin mining company,