The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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.
This crazy woman keeps tapping away. Senator Warren hates BTC and also loves talking about taxing unrealised gains on crypto. Certain US states may implement that soon. I feel the harder they try to intervene the better BTC becomes.
https://www.zerohedge.com/crypto/bitcoin-battered-sen-warren-unveils-bill-crack-down-crypto
If you're referring to this event then I don't think the miners/pools are really in the same category. As you've said yourself, Bitcoin has strayed and is no longer a p2p ecash system.
https://www.justice.gov/usao-sdny/pr/founders-and-ceo-cryptocurrency-mixing-service-arrested-and-charged-money-laundering
The CBP #161 (Bitcoin News) - Privacy Issues, Block Mining, Square BTC Converts
Canadian Bitcoiners
1 view 20 secs ago
https://youtu.be/c0DcQm3ZqpE?si=Tu3kMq9nI8w8BplZ
MARA accepting funds directly and their own Pool might be an easy target, or Foundry for the big BTC hit ?
It might not happen but if I were the DOJ....
That's all we need, another 3 letter agency kicking the door in of the space.
But I reckon not as that would require them classifying btc as money, which would go against the government's interests for obvious reasons. Would also be different from SEC which has referred to btc as a commodity (whereas various other tokens it believes should be classified as a security).
Seems unlikely but wouldn't put it past them either. Minefield this sector (bad pun sorry)
Does anyone else think the DOJ may go after a USA based miner or mining Pool as a money transmitter ?
Bowlers12 ..Dont bring me in to your shallow little world.....ive got a very nice life thank you very much !!...
Increased my mara holding by 10% today whilst it was sub-18. Fair to say I'm ready for it to run now!
GLA
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 👍
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.