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Think about Ross Ulbricht every now and then, hope his time get's reduced. Definitely did not deserve that tariff.
https://art4giving.org/
Is helios actually at 200mw now? i know their latest update mention expansions to 4.5 eh or 5.4 eh on S19 pros? thats about 160 mw.
Galaxy have been slow on Helios and no other build out of MW on site? Kudos to Galaxy for doing the pool and the nice slap about keeping promises. The woman in the video made me laugh 'That defunct pool has been representing what's been happening in this rotten town'
Sounds like Galaxy want good relations, which looks like they gonna dig (with shovels x;)) and build.
As long as Mara dont do a CLSK and announce another ATM right after its completion. They can issue 500 million shares. A lot of these miners seem hell bent on issuing the authorised count.
Good day yday for IREN in a sea of red for the miners. The end of the raise for iren definitely gave shareholders an accretive day x;) other miners take not plz.
I'd chill Ian, you have to find a way to zoom out ro youre going to keep flipping your investments, we haven't hit the halving yet or the actual bull cycle.
70k BTC or 66k this morning and 22 bucks mara isnt that harsh when you bear in mind the MCAP is still over 6 billion. Dilution is why we are at 22 per share.
Mara has so many things going on now that the market has no way to value it, im reckoning another 6 months and mara will be in a place where we are all happy and satisfied but no way am i getting flustered yet.
Mara next share count will be interesting, they pretty much have double what the best miners have but they dont have double the share count and CLSK and RIOT have a lot of catching up to do.
Swans, to a layman like me it looks pretty clear cut, im sure the lawyers are far more detailed and convoluted... but im sure you can have as many pre scheduled sales as you like but if its within a timeframe of insiders being aware of material non public information then the rules have been breached. Im sure if the sp goes lower people will look harder at this.
Mara went from 34 to 17 odd on its ATM announcement then the subsequent drop and CLSK hit 24 ish in ithat great cycle it had, if it does get beat up and go to 10 12 bucks could be a great time to buy in for me. We will see!
ClskBull Prager could be the biggest WULF of all he sold MARA Hardin x;) he knows a thing or two about a thing or two i reckon. Im probably wrong but I went with Migi instead, waiting for that to pump.... as that could easily go to a 100 million mcap imo.
Lol apart from CLSK all the miners look poised for a pump.
GL
Swans I reckon they will get some form of SEC scrutiny on this or even some lawsuits , this part of 10b5-1 Insiders can buy or sell company stock as long as they adopt their trading plans in good faith before becoming aware of material nonpublic information2.
SEC Rule 10b5-1:
The Securities and Exchange Commission (SEC) has established Rule 10b5-1 under the Securities Exchange Act of 1934.
This rule provides an affirmative defense to insider trading liability under Section 10(b) and Rule 10b-5.
Insiders can buy or sell company stock as long as they adopt their trading plans in good faith before becoming aware of material nonpublic information2.
Recent amendments to Rule 10b5-1 aim to enhance investor protections against insider trading:
Cooling-off periods are required for persons other than issuers before trading can commence under a Rule 10b5-1 plan.
All persons entering into a Rule 10b5-1 plan must act in good faith with respect to the plan.
Directors and officers must include representations in their plans certifying that they are not aware of any material nonpublic information about the issuer or its securities.
The use of multiple overlapping trading plans is restricted, and reliance on the affirmative defense for a single-trade plan is limited to one per twelve-month period for all persons other than issuers.
Issuers are required to provide more comprehensive disclosure about their policies and procedures related to insider trading, including quarterly disclosure regarding the use of Rule 10b5-1 plans and other trading arrangements by directors and officers2.
Liability and Filing Requirements:
Liability for insider trading is generally based on Section 10 of the Securities Exchange Act of 1934 and Rule 10b-5, which prohibits manipulative and deceptive devices in connection with securities transactions3.
Anyone who becomes an insider must file SEC Form 3, the Initial Statement of Beneficial Ownership of Securities, within 10 days of assuming an insider role1.
IF we gonna go on 'useless' what about CLSK useless lies pumping the SP ?
Still in the presentation, they compare their sandbagged $/BTC against the "industry average".
The "industry average" from the Cantor report uses a low, but reasonable, 500 EH/s. For their own numbers, $CLSK uses 400 EH/s.
CLSK gave themselves a 20% boost and pumped the price all for the 800 million ATM and Fred's useless.
Do i get some popcorn or cornflakes xxx
https://twitter.com/penny_ether/status/1757105461956923512
Must have missed the part where he sold 2 tranches of shares 24 hours before a 800 million ATM.
Surely you should be worrying what CLSK are doing and not fading into MARA.
CLSK acted illegally with those share sales and its insider trading plain and simple but evil Fred evil mara.
Lol.
Https://www.datacenterdynamics.com/en/analysis/how-meta-redesigned-its-data-centers-for-the-ai-era/
Meta is building some amazing data centers with far more capacity and immersion obviously not showing them the results they desire.
The company has, however, settled on the fact that it won't use immersion cooling, at least for the foreseeable future. "We have investigated it," Duong said. "Is it something that is scalable and operationalized for our usage and our scale? Not at the moment.
"When you imagine the complications of immersion cooling for operations, it's a major challenge that we would have to overcome and solve for if we were ever to deploy anything like that at scale."
'when to start selling in relation to the halving...'
it's a great question that we would all love to know, keep my eyes open and carry on learning, I do believe this cycle to Oct, Nov can go over 200k but lets see how the ETF dynamic plays out......
ETF's have created new whales and dynamics and imo has brought the cycle forward earlier than expected.
Think the peak bull will hit by October November this year and maybe resurface Jan Feb 2025 really depends how the elections go in the US.
14.99 with mara firmware x;)
Been reading Mara earning call, Fred actually mentions 70 EH by end of 2025
By the end of 2025, we plan to be at 50 exahash, which is approximately double our current capacity. These targets are based on our current machine orders in the pipeline. However, we believe there are opportunities to accelerate the timeline and realize these targets even sooner.
So you may ask how are we going to get there. To start, we have orders and options for machines that represent upwards of 45 additional exahash with orders for 22 exahash of miners already placed and inbound with the option to add another 23 exahash of capacity.
22 EH ordered. interesting.
Auradine rig was in the comments.
https://twitter.com/simpleminingio/status/1773757876332322838
Ian, Mara still hit 7.2 billion MCAP the dilution is whats killed MARA sentiment last few months. CLSK just kicked the sentiment bin Maras way and does look good for a run now just depends how long we keep it for.
Should be good and a lot of money should be flying maras way next week.
Does make me laugh Jimmy with the miner HODL it was fine selling at 25 30 40k but whatever you do, dont ever sell your btc at these high prices, start selling them again in the downturn.
Miners with Hodl's need to start trading them far better than they are and Mara is the worst at it by a long way.