I’ve found an interesting opportunity with the Bitcoin miners. Simply, on-chain activity is showing transaction fees have 10x’d this month vs normal. This is due to ordinals which allow NFTs, defi, smart contracts etc. to run on Bitcoin, which means more people using the chain. Transaction fees are normally small potatoes for miners but if this keeps up it could lead to lots of extra money for them. This hasn’t really filtered through to earnings statements, wall st etc. so I reckon there is a bit of a information mismatch here that isn’t priced in. CleanSpark is one of the best miners I found in terms of debt, dilution, hash rate etc. As always, do your own research.
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