Member Info for Chaebol

Yeh it’s definitely driving the rewards up. When it’s over 1.5 btc rewards on top with some blocks it’s going to be a nice bonus for the major miners.

https://www.coindesk.com/tech/2023/05/04/bitcoins-frenzy-of-activity-pushes-average-transaction-fee-over-7-nearly-2-year-high/

Glad to hear that Chopsing.

I think opportunity knocks next week with Mara it had the usual options chaos yesterday as per usual for the Friday and was kept in a tight range. I did add yesterday, the Mara earnings call announced for pre market has definitely got me wrapped up it better not be a nothing burger lol

The uk and Europe bar credit suisse has been too quiet, whatever’s going on in America will spread.

I really do think it’s a matter of time and the real gamble for me is whether btc goes with the banks and market or it goes on its own path and I’m punting it separates.

Gold/silver and property are my safe havens but btc is slowly getting there for me.

GL Chopsing.

Agreed Stnz, unless mara start buying sheds ad hoc, i think the next growth plan comes in minimum 50 eh. Im sure they will look to optimise the existing eh, but really once its installed then its operation add hash again.

Id be surprised if we closed the year with no news regarding maras growth expansion plans.

I dont think you can ever have enough of a good thing and thats mara to me at the moment PI.

Hut has 7.03 eh scheduled for the year and that hodl, and are about to become Maras landlords x;) I think its seriously undervalued. but it doesnt get the ****les going like mara does and that earnings announcement being called for pre market on the 11th, could be nothing but im punting that its something very good.

Operationally though (i.e. costs per BTC mined) they are still weak and were well behind peers in Q4 but let’s see if that is still the case in Q1.

Agreed. The actual direct energy costs $13,700 wasnt far different to any other miner. It was the remaining operation costs that took that it a lot higher. Mara also have the compute north money that they wrote off to add on as well in this q.

Should be interesting.

Me too Stnz i think 26 27 eh by end of year. Whats maras next expansion plans announcement 50 100 eh? my mind boggles with the endless opportunities Mara can offer long term hodlers.

yeh its flying Stnz. I think they need to get about 270 btc a week for the hash they have so they are well on target for that and then some. Will see how the luck plays next week. Would be great to have another 80 btc day over the coronation. Long live Fred x;)

I'll be delighted if mara end up from 1080 btc or above for the month. Added more Mara at 1044 fook HUT x;) for now.

All in on Mara, earnings has to be a huge positive in them calling it pre-market, imo.

Hex,

I think them doing the announcement before open, Mara definitely have something they are going to tell us. I’m sure it’s going to be a positive but you never know in this game. Profit will be close but I think q2 is more realistic.

I think we have to forget 2022 for Mara they were mining from an old disused coal mine and compute north went bust. Mara is a different animal now and since November they’ve literally added a solid 17.9 eh from scratch with 14 eh energised.

I think the 2000 btc sale was covering a 36 million container order for the uae deal and possibly some of the costs associated with that partnership.

I’m seeing Mara pool get huge rewards on the transx fees if this pool keeps delivering that will be a massive game changer for Mara imo.

Let’s see……but I’m adding as many as I can for this earnings call x;)

GLA

https://ir.marathondh.com/news-events/press-releases/detail/1311/marathon-digital-holdings-schedules-conference-call-for

Mara to hold earnings pre market 11th May 830 AM im expecting some good news they normally do these after market, so lets see.

Thanks for the nice words Chops, TheeDuke! im glad the messages hit home at some point and Chops i hope you recover that small fortune. Are you still out of the market? I am bullish but that doesnt mean i am right and its your dime but id be involved, however if youre feeling it in your gut sometimes you have to go with it!

Chill me Argobull, ive always liked our Mara/clsk/argo discussions x;) theyve never descended into hate, slurs or rage.
i've only questioned your mental faculties once to the best of my knowledge ? x;) and that was argo at 37p so it warranted it x;)

Joking aside, i agree with you we are going to all make a lot of money again, many of our thoughts are aligned, ill just never understand your investment in clsk right after Argo and i guess youll never understand investments in Mara. But thats ok. No ones going to get angry and rage we just make our case and buy more of our chosen miners.

We have some good minds on this board and combined a huge collective experience of crypto and btc, lets start using it to all of our advantages.

Cheers Damo.

GL

We have all owned Argo in one way or the other, the lack of detail and more bs promises in its annual results shows Argo is the same old Argo.

Im sure those Q3 machines wont ever materialise and they can humbly wind the Company down after the halving and im sure they all be remunerated superbly for that.

Im sure the most prolific posters here will comment on anything positive/negative with argo as and when information becomes available. But really what can be discussed about argo that hasnt been already?

Damo, what do you think of this, page 9 and top of page 10 for Wulf update? maths were out on calculations for btc cost as well.

Corporate Governance, sounds a bit off to me. My fickle lack of loyalty sold the rest. Huts next i reckon for a little punt..... What you liking about DMG?

https://capedge.com/filing/1083301/0000950142-23-001338/WULF-DEF14A

You wont just have the cost of xp's though. Millions more will be needed to complete.

Ill be surprised if the ATM in total isnt around that 145 million mark in spite of all the discounts, does argo have any bitmain coupons? They should lol

I dont think they have set a definitive date, im expecting June 12th but the only public information i can find is Q2 2023.

Update (10:30am): it's just getting worse and worse:

*PACWEST SHARES HALTED AFTER EXTENDING ROUT TO 52%
*KBW BANK INDEX DOWN AS MUCH AS 5.5% TO LOWEST SINCE SEPT. 2020
*S&P 500 FALLS 1% TO LOWEST INTRADAY SINCE MARCH 30
And now Western Alliance has joined the collapse...

*WESTERN ALLIANCE RESUMES, EXTENDS SLUMP TO 45%, HALTED AGAIN
After an FT report said that it too, like PacWest, is exploring strategic options including a potential sale of all or part of its business. Citing two sources, the FT notes that the bank has hired advisers to explore its options and adds that deliberations are at an early stage, although at this rate, there won't be much to deliberate in a few short hours when the bank is out of all deposits.

* * *

lol

https://www.zerohedge.com/markets/regional-bank-crisis-spreads-big-banks-usb-tumbles-stocks-dump-amid-widespread-liquidations

Yeh its mad. Pretty much doubled thats very impressive.

Im just reading it and found a funny one pragers sister is his legal counsel. Plus they bs'd on the costs of btc nothing major but still wrong, ive sold half at 188, thank you Argobull. Now im feeling hut hut hut for a trade.

GLA

https://capedge.com/filing/1083301/0000950142-23-001338/WULF-DEF14A

Pragers a Wulf

It was an arms race Stnz and the miners with the most machines and money win.

I think its called life, sadly. x;)

The only thing i can doff my cap to clsk to is the fact they bought smart hash those xp's were a smart buy and i said at the time they will have decent chance now after the halving.

After that buy investors took them a bit more seriously as we are seeing with much larger volume. The bod carry a lot of bs imo and the fact they need to dilute 145 million usd for those xp's tells me any positivity will be blighted by that atm.

CLSK could be a move for me when they have all these machines installed its not so easy to do as we are seeing. Plus this regulatory oversight happening in the states just now, im defintiely happy where i am.

Maybe APRIL MAY next year for me in clsk they have a lot to prove.

10th may

So the answer is no miners then ?