London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Yes most of the regular posters on here are invested in other miners. Clsk is one of the better miners for sure.
I just want to ask if most people here are invested in other Miners or only Argo? I've just watched a YouTube video from "invest answers" called "Bitcoin Miners: Who Lives - Who Dies? Who's Best!" where he has a lot of data on Miners. At a bitcoin price of 63k only 3 miners are actually making profit for each coin they mine. It looks like Clsk is the best miner on a lot of metrics. They are holding most of their coins, and are aggressively increasing their hash rate. It was just released tonight and the research is very impressive, recommend you watch it if you have not. But yeah interested to know if anyone has also allocated some funds to other miners and if any others miners are at good price now vs future potential.
You have a shocking temper Spitfire you annoyed me the other week with your crap
??????????? WTF YOU ON ABOUT ?????????
F**K OFF Spitfire44 just because you have lost all of your money haha
HEY BOWLERS12.....DON'T ' LAD ' ME !!!!! YOU disrespectful PLEB !!!!!!!!!
Why are we all here ?
Can we all go back to the basics which is something BTC lost a long time ago. With 5 tps on L1and high fees BTC cannot be P2P money for the world
Bitcoin Cash: A Peer-to-Peer Electronic Cash System
Same Genesis block as BTC, same 21M total supply, same halvings and the same miners
BCH is fast and almost free P2P transactions on L1 just as Satoshi created
I will be listening intently to what Thomas has to say on Thursday - surely Argo's strategy can't be cross all fingers and toes that BTC rallies enough to offset reward adjustment? (I think it is)
It will be very early Saturday morning our time (late Friday US) - there is no need to guess unless you are going for the exact minute.
Any day now ! My guess is Sunday!
Anyone know for certain?
I told you Argo collapsing after halving Spitfire you are going to lose your 600 grand lad
MNS called it correctly. Congrats to MNS very skilfully navigated, cool nerves.
'ARB missed its only chance of a lifeline when it failed to do a placing when the sp surged above 30p'
____________
Ahem, I think you'll find that the sp 'surged above 30p' and peaked at 35p on the 2nd of Jan and by the 8th of Jan they had got a placing away at 20.5p - problem was they only managed to £7.8m which wasn't enough but is understandable given their outlook.
Over 18 months they have sold Helios for £54m, £11m worth of brand new Bitmain S19j Pro's, £13.5m combined from two placings and £4.9m for Quebec data centre and still they find themselves entering the halving with considerable net debt and minimal cash reserves.
Hmmm - when are the chartists ever right? Again, not saying things look rosy but there is zero point in taking a single view from some Plan B, self-aggrandizing, tarot card reading 'genius'.
Chartists now suggesting btc is going to slump as low as $51k in the next few days and might not recover into the end of the year. ARB missed its only chance of a lifeline when it failed to do a placing when the sp surged above 30p
Will ARB survive even before the halving if btc drops below $60k? Looking highly likely it’s going to drop well into the 50s what with all the geopolitical tensions happening.
Undervalued here in London.....This should be around the 14p mark equivalent to USA price.........
My issue with Mara is their execution. Also not a fan of how the CEO comes across, doesn't look like there is much substance beyond the soundbites. Cleanspark will be No1 mcap in 1 month or less is my guess.
Wulf and some of the mid tier miners have more to run though than both imo from these levels, so my money is there. Wish I could bet on Iren aswell but H&L don't list it. Wulf looks the best bet long term bet though because of their premium locations and management 25 years exp in the Energy sector. They are ideally placed for HPC aswell, with their access to water at Lake Mariner. Sounds like they are scouting other locations outside of the US aswell and they have said they are not looking in South America. My guess is Africa, where there has possibly been too much construction in certain areas and good targets for stranded energy. Having listened to quite a few podcasts with them on, I back their management team to fence off some great deals in the coming months.
1 p per share special dividend. Very good ! almost 40 %. Interesting, cheers.
I was talking about new investors looking at miners ,
You need to look at percentage gains from the bottom in a bull market. mara went from 3 dollars to 34 dollars in a year. something has to give even in a bull market . people just end up with insane high average and then when the shares drop they end up fed up. if you have been around here for a year your averagr in mara should be no more than 7 dollars so you can handle the drops and still be in profit. the rest is just waiting for it and the top of tops.
Very rare i give a tip outside of mining but i have to share you this one as it sounds great. and i do not give tips that go down 80 percent in a day. so this is rare for me. but the timing seems spot on. if you have spare cash get into seed innovations. up currently 23 percent today. cash position is larger than current market cap. special dividend coming on the 13th may but you need to be a shareholder before 26th april. very low risk at current market cap, share price should do well this year from her as company ready to spend millions of liquid money and special dividend on top of that. no more posts on this as i just thought to share the news with a few on here.
Iam in Mara at 22 dollars I will sit tight untill I get my money back hopefully, in recent bull runs miners have always done very well , but to me I think investors look at miners differently now , every time btc goes up the miners used to run alongside pretty much , why don’t they now ?, imo every time miners start to go on a run alongside btc what do they all do and say , we need bigger units we need more machines we need this and we need that , Mara for instance never sold or used money in the bank of which they have millions , no they dilute so as soon as the sp starts to move , there all the same , so the sp never gets going and stalls it doesn’t matter what btc price is , and they all do it over and over again , investors look at it and think not for me , mara shareholders don’t even know how many of the shares allocated to b sold have been and what price , and when they are sold when is the next dilution coming they seem to just
Plz themselves, yes we
Could b a trillion dollar company, but we will have millions of millions of shares in play a complete waste of time for share holders , they say the ETFs have been a game changer , yes the btc price has risen quickly because of the inflows , but remember if it changes and inflows becomes outflows it will fall at the same speed which is what has started to happen, iam in Mara now but even at 80btc I don’t think it will change much untill we get news on the share sell off , have the miners pushed it to far , is micro strategies a better way to b involved in btc ? my rant against miners finished what do you all think
That's true but whether or not it's 45%, 40% or 35% revenues are going to fall and Argo are not in a position to manage that what with having sub £10m cash/cash equ. and £45m debt, no remaining saleable assets and a fleet of machines that will start to flag.
Argo can only be sustained if BTC obliterates that reward/difficulty relationship so much so that they are able to generate cash rather than burn it - possible but unlikely and it would only be short-lived as difficulty would then start rising again and Argo can't grow themselves.