Member Info for Chaebol

Seeing the same tendencies I saw for a young Peter Wall on this board....be careful guys.

What does this technology do in the real world ? in real conditions?

KASPA well worth a look....cant believe Miners arent mining it with the profits that are coming from those KS3's....5 cents to 14 cents in 3 months and its just started.

Price increasing faster than hash on the network.

GLA

Hey Ian, the mcap is back to peak bull of 2021 so its been dilution thats kept the price lower, January 2021 from memory mara had 60 million shares issued today its around 230 million shares.

2021 mining 50 coins and they were worth 6 billion USD, today they mine monthly anything from 1000-1800, they are North Americas largest miner now without any hype. This peak bull could easily go 10 15 20 x from here especially if we go to prices that are indicative of the btc trends.

I will not be surprised to see huge runs on Mara and other efficient miners. What price btc needs to be to trigger that run I have no idea, but all im doing right now is adding to my crypto investments, i dont think we have seen anything yet!

GLA

Lol 30 40 50k and caps still can't change the record. Will be interesting how high btc goes before he does, can imagine him going bullish at peak bull......x;)

I'd relax Chuz, I think we are at the start of a big run here and on the flip side, it goes pear shaped..... I dont think it takes time to go hard again.... unless a black swan comes along, admittedly they do like crypto........ I think we gonna see ATH btc very soon.

Happy days are tentatively here x;)

Il capo just cant let 12k go x;) 250k wont invalidate his theory.

Im on his Telegram.... his daily updates warm my soul x

Blonity was the first wave of crypto bros to get recruited by.... Mcdonalds. x;)

They serve rice with those tendies........these days?

So about 200 million all in for 2 eh and 20 mw of sheds in Canada and 2 BTC.

Pete says 'hold my beer'

And whats Gold valued at 10 T?

Yeh we will talk again when BTC takes that because it will !

Historically BTC price has peaked 200 days after halving, so based up on that we looking at November December, peak price in this cycle and thats based upon historical trends that may differ in the future, i appreciate...... usually been x12 historically.....

Argo has a halving to survive and loan notes to pay interest on with Helios contract expiring in December and a aging fleet and inferior intel miners.......... It has way too many obstacles to navigate when i could comfortably place my money in HUT MARA and BITF and be way more secure about their future prospects....... this marketcap of 128 million pounds is mental, when you consider what they actually have, no BTC no money, very small sheds in Canada that are curtailed heavily.

It wouldnt cost anywhere near 128 million to replicate argo right now. Argo for me has no future long term prospects and could quite easily be out of the picture by May/June, especially if hash doesnt fall off like many are predicting......

It's super high risk in a volatile industry that has so many better options available to us. That's why Mara is my largest investment.

GL

And thinking how undervalued it is, BTC over 500k within 8/9 months ? im feeling something life changing ............again x;)

GLA

Meanwhile we have very good reasons why its over 90 % off its ATH. 30/35/40p I doubt it! and if it does you get a big raise to nullify any growth, this is a traders share, nothing more.

Arb isnt going to 200p no chance not this time round.

4 % and analists told me 2.9 % big miss that one !

Is it all a simulation, it makes me wonder ! The inflows will rectify this nasty 1% btc drop and back over 50 plus in no time. This cycle doesn’t finish like this X;)

GLA

It's only a matter of time before 50 falls. 49.6 k is no rejection of 50k, will be amazed if this isnt over 50k tonight.

All eyes on the inflows today.....

Wondering if rich money has finally twigged youre wealthier owning btc v fiat x;)

I'll call another Argo raise of 10 million ish if this hits 30 p again. They might even be tempted to raise again at these levels.

I think continued raises which is what is needed to pay off the loan notes, stifles argo's price.......

Could it be the most expensive swimming pool never built? x;)

I hope peeps had a good bbq out of it x;)

Yeh MB theyve had 9.3 EH sitting in boxes since end of December., but of course they 100% uptime always ! EH targets from clsk are like tombola games 23, 16, 10, x;)

In jest,GL mate

I do prefer this new method of accounting. Feels fairer. You would hope this upside reflects in the sp!

Whether Mara gets rewarded for it is a long time away, q1 earnings in May.....but we may see some clues in the q4's due in March. I doubt MARA will see the upside like CLSK has but thats 2 consecutive earnings that CLSK has pumped hard on pretty poor results tbf. Fred could definitely take a lesson from its marketing hype dept. CLSK are very good at that and people in the main believe it. So fair play to them.

Thnaks Hex, Yeh q4 earnings could be generating an operating profit is what i meant. A profitable q3 with the one off debt payment and an operating profit in q4 and then that accounting update q1! 3q's of profit and they say mining investments are futile x;)

I know we have different figures but anything from 300 million to 500 million 'profit' could come out of this accounting change. Not sure the market will be so naive by then to this update so im not sure what effect it will have on sp at that point. It's helped clsk massively just by the way they report its earnings..... do you think the market will reward mara ? 300-500 million 'profit' is just as real as clsk 'profit' but i bet mara doesnt get the cream...........

Hexam,

From q1 I have it more than 400 million.

They could theoretically use 16 days in December but I’d expect it to come in from q1 for Mara, wasn’t the fair value hodl given 276 million usd value under the current accounting rules ?

Unlike everybody else Mara will have a real crack at ‘operating profit’ in its next earnings, that will be good for the industry but I’d love to see this 450/500 million revalue on maras hodl take effect with the new accounting rules.