All of them are. I've been saying this since 2013. China makes all the equipment and uses it for a month or more before they sell it to everyone else while keeping the rest of it. There isn't anything they don't mine before they allow you to mine. Combine that with all the globalists now getting into it, all you'd be doing is increasing the value of their holdings and hoping the amount by which you and some other normies increase it is enough for you to make a lot od money.
Musk always knew this. That's why he pumped. At this point, he probably dumped some of it and wants to see if he can buy some more and start the cycle again.
All of them are. I've been saying this since 2013. China makes all the equipment and uses it for a month or more before they sell it to everyone else while keeping the rest of it. There isn't anything they don't mine before they allow you to mine. Combine that with all the globalists now getting into it, all you'd be doing is increasing the value of their holdings and hoping the amount by which you and some other normies increase it is enough for you to make a lot od money.
Musk always knew this. That's why he pumped. At this point, he probably dumped some of it and wants to see if he can buy some more and start the cycle again.
THe Chinese have cornered the mining business. They build all the chips there so no surprise.