It seems that the ground under Bitcoin businesses is shifting daily, first with a major shutdown and hash migration out of China, then with some wobbly prices and now with an attempt to legislate bitcoin in the U.S. Congress.
Compass Mining, a full-service mining host and equipment provider, recently released a detailed mining report that included a look at what it calls “hardware manufacturer institutionalization,” another major shift in the Bitcoin space.
The ultimate in “institutionalization” may be public listing, which brings a massive new avenue for investment, while also bringing regulatory and shareholder scrutiny.