Member Info for Chaebol

Garden city has taken ages, that doesn’t bode well for expanding miners in Texas.

I’m glad they’ve changed the approach and are looking at cheap power sources outside of the states. 20k Stnz was my target for Mara during the halving they need to be hodling 800 a month, but 23 eh should mine close to 60 odd a day. I really think they can hit 20k you hit 100k btc and that’s 2 billion in cash value who knows what retail will value the hodl at when we hit those levels.

This feels more and more like a guaranteed win and it’s so bleeding obvious what’s going to happen even Argo I mean clsk I mean whatever the next 5hit miner is bull can’t stop buying Mara x;)

Curtailment in Texas and transaction fees down to 5%. in May it was 11.8% and 1 day less to mine in June.

Mara ran at 83 % efficiency last month. I don’t think any miner mined more than they did in May.

Https://m.uk.investing.com/news/cryptocurrency-news/marathon-digital-holdings-reports-bitcoin-production-and-mining-operation-updates-for-june-2023-432SI-3074438

Operational hash 17.7 eh installed 21.8 eh

Emirates to be fully online by year end 7 eh, 1.4 eh owned by Mara, it’s already hashing now.

$0.0012 cents per kWh x;)

Did you know Mara will have hash operating in the mirages by the end of this year ?

‘Well done’ Fred

I think from memory it’s migi that have huge all in costs on its btc something like 50k plus costs per btc. Memory may be failing me………I’m sure DSatoshi Nakamoto FLAT will correct me if I’m wrong x;)

lol DS what’s migi all in mined costs I might have them confused with someone else.

I’m cheering the drop all the way to 29,100

Can I buy Mara back now x;)

You back in pi ?

Lol. a plummeting btc price and you race to put machines in. Ill call it 'well done' Fred and you can call it incompetence, ive read a lot of things from clsk and one of them was that hash would be energised late spring then it was mid late june now next week.

I dont 'think' energisation is such a formality anywhere in North America, worse in Texas but its still not a foregone formality anymore.

Mara have waited since Feb, i reckon clsk have been waiting since mid June, different states granted but i can still see issues with this. on the other hand all that volume and rise could be some good news on the 'energisation' front or its a pump by MM to sell diluted shares.

You should email the transparent bod of clsk and ask for the hodl wallets. Mara and Riot do this and i think all of the publicly listed miners should make this available.

Lol Clsk bull i dont know how many times ive said this......if mara had done the expansion on time theyd be out of business now, or be like corz........youll get it one day.

Now instant hash was coming late spring, mid late June, now they expect 'energisation' next week mmmmmm 16.33 mined today, i think hand opn your heart you didnt expect a downward trend in July from when these machines were announced. Garden city is proving to be a mystery why it cant be energised as its been ready since Feb but clsk 'expect' and 'anticipate' next week.

Im not so 'confident' in that....lets see. They hodl'd 78 ish btc June lol now go and find those hodl wallets lol if you do it will be close to solving the mystery of who satoshi nakamoto is i reckon its DSFLAT x;)

GLA

I just hope they flash crash it when the us markets are open x;), as like yourselves i believe any dip will recover quick.

Top sliced the rest of my hut and wulf today theyve moved rapid last few weeks. Will be keeping an eye out for re entries with those too, hut is still truly undervalued.

I agree with that Dagenham does show the strength in the miners, can flip a coin which way btc is going but I’m confident of 28/29 then hopefully this bounce to 38k just think we may have a few bearish days.

Lol clsk bull how many of those shares are dilution ? It’s going to be interesting when clsk have finished its cycle of diluting hard, arbk never recovered in spite of Nasdaq listing during the second phase of the bull market 2021. Volume never recovered, you would hope clsk fairs better ? All about execution now……where’s those miners ?

I’d be more worried 31k btc has been rejected. Looks bang on for 29’s now, maybe late 28’s. I’m pretty certain I’ll be getting some good buys out of this cycle.

GLA

It can all change in an instant, I wish the US market was open today, 2pm Uk tomorrow is a long time away.

All good Pi hope youre enjoying your holiday xNot sure with rates i think from September btc starts to climb regardless of us govt or fed policies. Inflation is way beyond numbers we are being given so its all hooky anyway imo. Just keep the faith in btc and mara thats my perfect inflation buster x;)

Clsk bull whats your stops set at? x;)

Lol clsk bull so clsk doubles at 38k and Mara goes up just 50 points ? Do you see the bias clskbull x;) Will be interesting to find out how many shares clsk have sold last couple of months, you’ll need a large mcap for 8 bucks a share. I’m hoping for a retrace to 29k btc, buy back mara at 12-13 and then wait again. July is always been a weird month for btc, let’s see!

GLA

Clsk bull you sound aggressive and bullish x;) that’s a sell signal to me lol x;)

It does look ripe for a breakout but I’m happy with the profits x and in the btc game anything can and does happen. When too many go bearish it’s flipped and same with too many going bullish. Let’s see.

GL

Not so sure myself on short term btc prices, too many people getting bullish ! Usually brings a short sharp drop, top sliced Mara at 13.50 and 15.10. In spite of a margin catastrophe with Mara it’s been a good year. As of 3rd July 9pm I’m up 89% and it’s banked .

Now I’m hoping for a lower entry but no dramas if I have to pay a few more cents…. if it really is Uber bullish. I suspect a few more twists yet and then September we start going a bit more aggressive . Would love to see btc hit this 38 range, it’s been a while of 25-30k ish

GLA

Mention how he said a us manufacturer in auradine, Trump gets back in ? Trade war with China ? Us miners banned from using China machines ? It’s not beyond the realms of impossibilities………

Someone has to take bitmain on, let it be Fred and auradine, ‘Well Done’ Fred x;)

Sounds like a total pivot away from bitmain. No more orders for them from Mara by the sounds of things.

In auradine we trust, I’ll be buying them when they float that’s for sure.

GLA

Https://m.youtube.com/watch?v=MxIpJOjcr1s

1h 44 in Fred speaks . Very informative the whole video they speak to a few other mining ceos.

Couple of takeaways ‘ Think of us like apple not another North American miner ‘

We will have 50 % of our hash in America and 50 % outside.

Do I change my company target from US steel to Apple x;)