Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Same to you swans x
Looks like the halving FUD that smashed a lot of the miners last couple of weeks is over and with the TX fee increase, its not really been a true halving....Could be a very good cycle coming to us now and we should keep seeing BTC climb for the foreseeable too.
GLA
Cheers Chaebol.Very difficult selling anything at the moment.Quite happy with the positions already in.Good day for Mara and other miners at the moment.long may it continue.Best wishes with your investments and for yourself.atb
Not much idea tbf swans. I had a look early last year and cant see anything bad from the quick scan i just had..... from memory, zero debt which is pretty admirable and 4EH ish about 70 odd million in BTC and cash 230 mill mcap and a low share count. If it feels good and you cant see any obstacles in the way go for it swans, I just don't know enough on BTBT to be sincere.
Migi is my alt for now. If that hits 4 bucks again it either goes to another alt and i am liking WULF or probably into Mara.
Chaebol what’s you’re thoughts on Bit Digital.Lagging a bit but still gets a Zacs rating of 1.Does seem to be manipulated a lot.I ,m only using Zac as a point of reference it never influences me in any decision making.atb
Yeh makes sense.....I think those shares are issued officially on the 8th May, brokers no doubt forward sold them but id be looking around that date to see how those shares have been absorbed and hopefully a weaker price than now.
Thanks for the insight Chaebol. Just reading through the chats now. Might jump in when the dust settles
Yeh this sp of 1.1 1.2 seems to have been GST home for months, release a vague positive RNS and then do a raise on that rise! lol if it falls under 1p ill add. Im in it for the FCA approval so until that comes home we will see the joys of aim play out.
And in fairness to GST they have always used the funds for serious acquisitions, although the timing on this raise, definitely could have been worked better.
GST placing...not following it too intently but nearly jumped it over the past few weeks. Doesn't look to be much detail on what the proceeds will be spent on. Typical AIM...
Https://data.bitcoinity.org/bitcoin/block_time/5y?f=m10&r=day&t=l
Block times back below 10 mins, I don't think we get any drop in network hash. Although makes sense with the fees making up most of the halving loss. Miner machine efficiency and electricity cost are key for miner success.
Hash rate looking pretty aggressive. Hypothetical but fair to say, global hash rate could be over 800 EH the next month, at that rate Argo 2 EH literally gets you 1.1 ish BTC per day without TX fees. Argo going to need 150k plus BTC just to keep going imo.
Thanks
Really poor how they got into this state in the first place. Still, think we should see that this the next 3-4 months
I think $4.5m-$5m revenue would be break even so as things stand around $95k BTC give or take $10k.
April's revenue figure will remain inflated as the halving effect won't be seen til May's numbers.
Out of curiosity, what roughly is our BE price of BTC post halving forecasted to be?
Credit where it's due real blockbuster day for Riot. Only last week it looked a bit hopeless and was hitting a 52 week low, so guess it had more ground to make up, but shows how quickly fortunes can change in this game.
Shorters testing the patients of Mara investors. At some point they will have to buy back their shares and go long resulting in the share price uplift. In the words of Yoda “ patience you need “
Looks like some of the wulf shorts been closing. nice rise the last few trading days.
An hour since you posted Chaebol and Mara looking less of a black hole! Exciting times.
GLA
I’ve said it umpteen times and I’ll say it again, in my opinion Terawulf is the most money for value.
GLA
An old foe now friend was telling me over the weekend about Riot investment....... Corsicana 200 mw has been energised. All in their execution now for a sustained run. The costs on the hosting needs fixing too but yeah a great day !
Typical Mara lagging today ! one of these days it wont be ! least Migi flying $4 and i might get tempted to shift that in to the blackhole of my mara investment x;)
GLA
Riot on a charge the last 2 days making some big gains - soon to be overtaking mara. History repeating...
Poor investor , being shorted to death
Why the flipping hell is Mara dropping?
You would of thought with their hodl and hash rate they should be firing. I just don’t understand! Wtf!
I’ve done good with migi though! Every cloud has a silver lining lol. :-)
That's bollo*** micoley, i'm not sure I've gone a week without posting on here, come rain or shine.
I commented a number of times regarding Argo's cash generation in the early months of this year recognising it as an obvious positive whilst also highlighting that a few months of profit before revenue is slashed in half isn't going to save them. I don't think I was wrong.
HarChris you were a bit quiet when you thought that Argo could be making profit and now you appear to be back on the negative train.
Don't know sorry Mooh.