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Could be hype's got them yeah. To go from being nobodies to running a £4bn company must be a bit like being a lottery winner, people go weird.
They were strangely direct and tad aggressive about it. Makes me question Clsk more than Mara, these kinds of digs don't normally come from a position of strength. Indicates a bit of insecurity if anything, the more you're winning the less mind you should be paying to your competitors. Even if everything they were saying was true, there are enough analysts to work it all out without going public with their own critique.
Yeah it wasn't a great look from Zach - and Matt's comment on mustard gas was not thought through. It is expensive and can be unsafe would have been enough.
Reminded me a tiny bit of PW when Argo was at 1bil - got caught up in the hype and went to his head.
It's not a great look for a ceo to be taking such direct shots at a competitor. You don't really see this in other industries, it's a bit embarrassing tbh. The Clsk chair did a similar thing on twitter posting that nonsense cost to mine chart vs other miners that ended up making bitdeer look better lol.
btw I happen to agree the Mara side projects are a bit of a distraction and would rather it reverted to being a pure play miner, no clue on the immersion claims, but ultimately market will decide the winner, and maybe both companies will prosper, no need for ceo opinions into the mix too.
BOWLERS ...DO everyone a favour on here and SHUT UP !!!! p l e a s e .......idiot !
Aye a lot of 5hit from that interview...................... Mustard Gas x;)
All the miners sit in very fragile glass houses....they wanna be careful slandering other miners. What goes around comes around.
Yesterday I closed some CLSK and rotated as it felt like they'd had a good run and others were due a catch up. I may have even bought some stupid Mara lol.
Did you see this video - Zach in particular taking aim:
https://twitter.com/rex_finance/status/1773034561556869145?s=46&t=FaZfq3g15rd24j9QfgSutw
I don't think they can pay the noteholders off, but they could do a deal where they offered them options/warrants/etc on terms that made sense to both parties. Eg. options at price X would give the company some cash out of the deal. Noteholders are at risk of getting nothing so it's in their interest.
However the bigger issue is what happens at end of the hosting agreement at Helios.
WTF you talking about? I'm not saying they are in a useful position by any means, but that is just nonsense. I really don't know why i'm bothering to reply, but you have successfully wound me up it appears.....you are going in the filtered pile.
Https://twitter.com/BTCmining_0/status/1773112882726678791/photo/1
Big sell from Matt tbf CLSK could start hitting the cycle Mara has just had.........Share count showing 198 million.
Well lads now we know argo gone bust according to today's ARB glad I am out of it now
Might not be Galaxy tbf, Chat GPT was telling me Galaxy this morning, now its vague like the Argo press release.
The buyer of the Mirabel facility was not explicitly named in the available information. The sale was part of a transaction to repay debt owed to Galaxy Digital Holdings, Ltd., but the specific purchaser of the facility was not disclosed1.
Argo have not got 40 million to pay those note holders, so default or negotiate. Consider going back on the OTC market the NASDAQ has been a big flop for Argo.
Ok thanks where did you see that?
Yes note holders deal needed.
Was thinking they need to be careful with the next dilution as it could see them under the nasdaq $1 mark.
Galaxy bought it. Not much left now for Argo. If they can negotiate with the note holders they might have a chance of seeing the next bear market x;)
Coin Dance now showing Bitcoin Cash as more profitable to mine than BTC...
https://coin.dance/
Any big spike in BCH spot price and things could get interesting if some miners switch ops.
Coinbase about to launch Bitcoin Cash futures, not sure if that makes any difference but I suppose it might allow them to suppress the sp...
Anyone know who bought it?
Roger Ver latest interview about his new Amazon top seller Hijacking Bitcoin:
Roger Ver
1.2k views one day ago
https://youtu.be/a1z8cx3OPiE?si=CUsHB0-MxxrrwTM8
Bitcoin Cash halfing in a few days and Bitcoin Jesus dropping truth bombs on BTC at Easter.
BCH is looking strong, we could see miners switch their rigs from BTC to BCH if the small Blockers start to lose the narrative...
A dollar a day helps you work rest and play
Mara price action is perverse... but a nice healthy push north today with profits coming in from other miners.. long may it continue. Obviously it has been played and still is.
Or mara really doesnt like 70k BTC x;) whatever it is i'll take it....Mara should be around 40's based on MSTR and CLSK recent rallies.
Long way to go but definitely nice seeing some MARA green today.
Yep, let's hope this is it now. Switched a big chunk of my MSTR to mara earlier and then topped it up for good measure. GLA.
Mara doing well today
Mara coming to life hopefully it continues
The thing with Mara is the sell off of shares , no one knows what price or how many is left to sell, untill this is made clear investors will b very wary, if btc rockets and Mara start to move as soon as it hits a sell of point for the shares being sold by Mara it will stop dead and imo that’s what’s happening
Clsk..
"Did you see this on Riot:"
No I've not actually, doesn't make for pleasant reading tbh
Erm, wen moon? Until we see higher on chain fees and higher block rewards as a result, i can't see anything moving significantly here. I'm actually surprised we are not seeing a lift yet. Anyone got any thoughts as to why?