… brings almost as much profits as Samsung’s NAND business, and contributes 4pts+ to iPhone gross margin! (Tweet this)
PS: This is not investment advice! Estimates involved.
A time tested money making idea has been to sell shovels in a gold rush.
This remains true in crypto.
The owner of the world’s two largest mining pools (30% of hash power, see here) makes less than 10% of revenues from mining, but makes a good 90% from selling chips to other miners. True since 2015.