Firering Strategic Minerals: From explorer to producer. Watch the video here.
Nothing can be ruled out. An early bull run would catch most off guard. Stackers have kept stacking, supply keeps getting lower. Now ftx fake demand is out the way that volume can find is way on chain.
I am a permabull though so take that as you want. Next two weeks will be interesting.
Mara is the current sector leader and has the trade volume to support current valuation. Fundamentally it's way overvalued, but it has been the whole time I've known it and doesn't seem likely to change. Shambles of a company but failing upwards successfully.
Interesting dsflat I'll take a deeper look into them next week to understand them more. I think most will jump on Monday though if BTC price holds, but if they are good and can expand 20x would be possible at that mcap.
Mara could 10x, would take them to near 10bil mcap, although they will heavily dilute before then so the share price might not 10x. I would put them in the 5x group.
Although hopefully we do see some 10bil+ mcaps after the next ath. We'd all do very well then.
Chaebol I'm still watching for Dave Hunter's forecast, still possible at this point.
I'm most heavy in cleanspark. They will mine close to 700 BTC this month and has a low market cap as they have been using their atm recently. Expecting them to 10+x if bitcoin goes to ath.
I've got digihost, a smaller player but cash flow positive and doing well, another likely 10+x for a new BTC ath.
Riot, a 5+x - a safer bet.
Bitfarms, another 5+x.
Kr1, but if an outsider as more altcoins.
A small amount of hut8. Operationally poor but good volume and hodl.
Note that when the miners run they will likely all dilute so it's worth having a few different ones so you can ditch and switch as required.
Open to hearing of any others that people feel will 10+x.
Quant, clsk is on track to mine 700 BTC in Jan, Argo will probably mine 200 or so. So if you compared on that basis you'd have a point. However you have to take assets and liabilities into account, which make the picture very different.
For sure. I know TA works for people that understand it but I'm not one of those people. I rely on fundamentals (which don't look good for Argo just now unless something changes). Probably if you can apply both FA and TA you'd have additional edge. But timing is key.
There's a good chance clsk will get to run 5% of the bitcoin network by the end of the year(currently >2%), Argo will remain less than 1%. If bitcoin gets to all time highs they'll likely top 1bil revenue annualised with huge profits. Take a look at it you might like what you see.
Hadn't thought of this before. A good way to know the bull run is near peak.
https://twitter.com/Pentosh1/status/1609999581730725892
TR, sorry that's for a different company, cleanspark (NASDAQ: CLSK).
Argo will be significantly less. Probably somewhere around 200 for the month.
Most miners will be issuing their monthly updates over the coming week.
HC, this video explains the process:
https://youtu.be/WZU2EfLngas
It's an easy process and yes they can switch modes as needed. They'll be able to bulk manage their miners also, so it's not one miner at a time.
Yes there is an optimal point based on your power price, difficulty and bitcoin prices to determine which mode is best. If your power prices are higher then low power mode is more likely to be better. Lower revenue but lower costs.