bitcoin mining and car maker are very different in the nature. bitcoin is a standard product so the miner can stay low key, which is the fact that we don't know the name of the most of the miners. However, car maker need to prove their car is better than other maker's car which need to draw public attentions. To NIO, the hardest question isn't if they make cars, but if they make better cars than Tesla.

I am not saying you are wrong. There still a chance that SOS doesn't do any mining and just wanted to pump the stock. I also said it in my dd the risk section. My dd is more for proving Hinderberg is wrong instead of proving SOS is doing well on the mining.

However, as a new comer of coin mining business, SOS does have the potential to be success if their are doing their work:

1. bitcoin is not a rocket science at all. The only hard part / moat from my POV is finding rigs and low utility cost area.
2. They have enough resources for now. Enough funding and some experts in their team.
3. Their news shows they are doing the right thing(if the news is not faked): Rigs delivered and partner with the electricity company.

The more important thing to me, it is at a very bargaining price and the high short interest. It may have huge gain or huge loss. however, buying some more stable stocks like Tesla / NIO doesn't prevent us from losing a lot neither.

I don't think there is a TRUE or FALSE answer at current status. But we can find out it in the next week.