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Podcast: CoinDesk Podcast Network
Episode: THE MINING POD: Are Mining Stocks Overvalued? With JP Morgan’s Reggie Smith
Description: JP Morgan analyst Reggie Smith rejoins Colin and Will to discuss Bitcoin mining economics, valuation metrics, and the emerging intersection with AI computing. We go through how a big bank like JP Morgan values miners, including possible costs and revenues, before focusing on AI/HPC and mining. Lastly, we finish on mining costs, dilution and relative valuations of the mining industry.Timestamps:00:00 Start01:53 Fintech team at JPMorgan02:42 Valuing mining companies03:38 Analyst goals06:11 Miner report07:51 Economic models12:40 Calculating operational costs<...