Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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Depends what his job was?
Everyone sold at the highest point no doubt :)
Sure u have matey lol
Sold the last of my crypto in cleanspark on Friday
I can't complain with spark and corz I earned the equivalent of 8 years salary profit if I was still working
That's more than you have Spitfire haha
I sold the last lot I was holding in February when the rally fizzled out but this isn't about that. I simply continue to be amazed by the valuation and follow with such intrigue, especially as I'm invested in gold miners lower valued than Argo with no debt and on for posting $25m profit before tax this year!
@Harchris - what price did you sell at?
If Argo's direct costs remain at the same level through Q2 there is a very real chance they won't even see any gross margin this quarter - i'm not sure they've ever been in a position where electricity and hosting costs add up to more than they are bringing in in revenue.
Here's a few more days to see clearly that a drop of 50% is happening now that fees have reduced and difficulty has adjusted upwards.
April 12th: 32.3
April 13th: 30.4
April 14th: 29.5
April 15th: 31.7
April 16th: 29.1
April 17th: 29.7
April 18th: 30.1
April 19th: 30.8
April 20th: 57.3
April 21st: 25.2
April 22nd: 21.2
April 23rd: 25.2
April 24th: 19.6
April 25th: 16.2
April 26th: 16.6
April 27th: 15.7
April 28th: 15.5
Argo will start May mining 1.5 coins a day.
Innovations and Challenges in ASIC Mining with Auradine
Digital Wildcatters Podcasts
2 views 53 minutes ago
This week on the podcast, we had Rajiv Khemani, CEO of a cutting-edge Bitcoin mining company, Auradine. Rajiv shared insights into the innovative approach her team is taking in the Bitcoin mining space, challenging the dominance of Chinese manufacturers.
https://youtu.be/cCRrg9DFYDU?si=vQxubJItJSj46AJb
All looks very promising lads.
Big month ahead for Q1s, then I reckon maybe more importantly the reports for May, opportunity for market to truly scrutinize where the chips have landed for everyone in first full month post-halving. So if Mara are starting to fire on all cylinders again now could be ideal timing.
Q1 results will hopefully will move this dog. Market surely can't ignore these FASB figures. Hopefully no more ATMs for the moment.
Notably, the AI3680 boasts a hash rate of up to 375 TH/s and a power efficiency ratio of 15 J/TH.
This company have Auradine miners on site and running. Looks awesome
https://twitter.com/FogHashing/status/1784598675630764043
Mara so much more than a BTC miner, sooner or later this will all be priced in, until then ill keep adding.
The having, the lower fees we are now seeing (back to normal) and the lower bitcoin price are the cause. Think we are at our near local bottom and will resume up soon.
Hash rate still slightly above halving hashrate (about 1% up since halving)
The newer machines are much more efficient, so if you replace an old model with a new model the hashrate goes up.
Lol looks like mara running 50 EH already.
Global hash price taking a beating 6.9 Cents per TH/S it was 11 cents last Friday. We are going to see old miners come off the network now anything running over 9 cents per kwh are losing money on old gen miners. This is bullish for MARA but the death knell for the kid that runs this in his garage/cellar.
40+ e/h and 9 blocks in the last 24 hours :)
This is what will help Mara's share price this week far more so than +/- $1500 in BTC price. Let's hope they keep powering on!
GLA
Cheers mate ๐
It touched $80 in November 21 yeah but there were 100m shares in issue then so the record mcap is $8B compared with today's $5.2B.
Didn't mara hit $80 at one point ?
Difficulty is around 4x 2021, while rewards are near half. On the plus side machines are 2x more efficient.
So the margins are nothing like 2021, and to make money you need those newer machines and low electricity costs and overheads.
Out of the miners only really clsk has performed well so far this cycle on the share price front.
However results for 31 march will be impressive due to FASB, and a favourable bitcoin price change from end dec to end mar. especially for miners with hodl, mara having the biggest hodl.
Market has been indifferent up to now.
What's the investment case for the NA miners at the moment? From where I'm sitting the halving has come and gone, fees have fallen back to normal levels and so miners are back making the equivalent of ~$35k pre halving?
Is it a case of picking those with a large HODL in preparation for an expected surge north in the BTC price?
As I mentioned the other day I averaged down the other day but got nervous of holding overnight and sold the top up but bit the bullet yesterday and bought back so now averaging 22.4 in mara ..would like to get a cushion and put in a stop loss and just leave it to rise
Bought some too. FASB profits are going to be massive, 400 mil or so.
Just bought another 5k of mara chasing my loss here
I don't follow Corz like I used to but their daily mining reporting gives a little insight into what's happening re fees and post halving, albeit I think they're also installing new machines alongside. Here's the last few weeks for example:
April 12th: 32.3
April 13th: 30.4
April 14th: 29.5
April 15th: 31.7
April 16th: 29.1
April 17th: 29.7
April 18th: 30.1
April 19th: 30.8
April 20th: 57.3
April 21st: 25.2
April 22nd: 21.2
April 23rd: 25.2
April 24th: 19.6
April 25th: 16.2
100% agree; absolutely not a recommendation! Suits me and my investment strategy though.
Once again thanks for your thoughts ๐๐ป