Member Info for Chaebol

To be fair last 12 months Mara has treated its shareholders to the least dilution 12% and only sold 1500 btc, which I believe consists of the down payment in uae and 50 million dollars in box machines to be provided. Kuwait produces btc at 1300 usd so I eagerly await the Leccy prices from these data centres.

Fred explained couple of months back they would be selling btc so it a no surprise, so least amount of dilution still the largest miner hodl awesome transparency from Fred and excellent deal diverting away from Texas and usa and he’s more red than the Chinese ccp. Mara has the best fleet by far and the most amount of eh paid for. Mara is paying around the same electricity costs as clsk and everyone else are so the argument for owning facilities or doing what mara are doing is still very much up in the air

I’m sorry ab I’m taking your negativity in Mara as a bullish signal it’s so obvious that Mara is going to be a market leader I really don’t understand the dislike for them.

Nobody is blazing a trail with installed eh, it’s not so easy buying machines and getting them online, all the miners have struggled. Riot have moved at a snails pace but I see about 6 huge sheds. I’m going to enjoy the fomo when people realise the energy costs in uae compared to everywhere else.

Mara is a no brainer but for some it isn’t x;£)

Stnz you dont have to explain yourself, youre a genius.

The whole board thanks you for your contributions, im sure. The humility you showed by dragging yourself away from Discord to the cesspsit of LSE to lower yourself and ask Hexam and maybe HC on the debt of argo, i believe is larger than your genius trading.

I commend it. x;) I think the board would rate you even higher if you told us when youre buying and selling in real time. However i do appreciate the insights you give me, theyve made me a lot of money here on Terra firma.

Thank you.

We saw many of their cloud cuckoo observations Flowerpot………And whilst the share price was screaming downwards, genius trader stnz cashed out on the spikes. Buying it to zero was stated with pride.

Makes me wonder were they shorting it ? X;)

‘Now excuse me Hexam what is the debt of Argo plz HC as well.’

The boys a genius.

LOL PI i didnt do too bad on the way up, not as early as some of the founding fathers but I made a nice holiday home out of it...... but whhhhhoooooshhh i earned my spurs on the way down, thats for sure.

Jim Cramer has called the bottom on Mara told everyone to sell it on friday, everybodys getting bearish with btc lol but im thinking we due the next leg up, hope so anyway, in it for the bull run now and to see Mara become bigger than US steel x;)

GLA

AB no disrespect but you saw 6 million plus disappear in Argo because of what you believed in PW and Argo, pretty much everything i said about PW and Argo turned into reality. In actual fact PW was worse than i thought.

Now we have CLSK lol heres some alarm bells and we can revisit in 6 months 12 months.

45 votes per share for Zach and Matt, Good luck defeating any vote.
Dilution to 300 million shares, X4 its current amount.
Lawsuit going ahead and failed to dismiss through 'inactionable puffery' its the only miner that is going ahead right now and theyve admitted they bs their own investors.
You tubers ramping about the company, blatant lies that the Company refuse to acknowledge and even further, tweet links to you tubers that have stated these lies. Giving the impression that these lies are true.
Zach and matt share 5 btc in the monthly skim.
They are bonused for diluting
They are bonused for issuing shares
They are bonused for getting loans
Energy credit led CLSK into mining they were going to grow weed then btc mining reared its head.
They claim 2.85 cents per kwh but the accounts do not reconcile this when its 13.7k per btc in electricity costs.
They have 6 million in cash.
They don’t have a PPA on their energy costs meaning they are not fixed (did they ever say they were?). This killed Corz and Argo.

Anyone fancy a bet Mara v CLSK ?

AB MAras costs are roughly 5 cents
MARA's q3-'22 $/btc is around $10.5K/btc if you calculate simply on the efficiency of their miner mix and use $.05/Kw-hr. So I can conclude the ongoing real cost is somewhere between $10.5-$13.1K/btc which is pretty much what Freds been saying.

Its all in the SEC filings.

https://ir.marathondh.com/sec-filings/quarterly-reports/content/0001493152-22-031756/0001493152-22-031756.pdf

Correction feb 2024 !

What did stnz call it accretive ? Get ready for dilution AB

Leccy was 13,7
Wages bonuses 10.3k

Matt and Zach are happy that tampers are telling the investment world that clsk mine for 8k, James on YouTube lost all credibility ramping clsk and powers,

Then you have the lawsuit going ahead as inactionable puffery couldn’t get it thrown out but you accuse Mara of being fraudulent lol how’s maras lawsuits going ? Have they all been dismissed I remember limping along telling me the lawsuit was going to ruin Mara no clsk and Argo are the only cases moving forward.

Disappointed that stnz had no answers but like he’s said before costs of machines and depreciation aren’t really important to him.

Anyone fancy a bet on clsk v Mara and where we are in February 2023 ?

Ab you came on here and ramped Argo to death told me all these things were going to happen and I told you it wouldn’t,did those charts that Argo weee gonna mine 500 a month from last august, if i were you ab I’d satin believeing ceos for miners because it’s easy to realise that clsk is a donkey.

I wish you well but it needs to be highlighted that you’ve made some dangerous moves in the past and going into clsk when it’s so clear the bod lie ! Well that isn’t going to end well.

Yep something is very wrong with clsk.

Something was very wrong with Argo. Does lightning strike twice pi ? Oh yeh it’s skill and judgement x;) bull run saves clsk, no bull run and clsk unravels far faster than the big names.

LENIGAS = Avoid at all costs mate.

Lol ok AB just like Pete and Argo knew what they were doing.

24k cash costs 13,7k electricity/ hosting etc 10.3k wages bonuses etc

This 8k bs mined per coin is bs why is it being ramped so hard by you tubers
.
Lol
Just buy more ab.

But then I can say from 16.6k Mara went 3.20 to 9.57

But we will pick the dates that suit you Dagenham x;) clsk is going to be dilute into oblivion if retail can’t work out there being played then they should just buy more.

Lol but talkin investor told everybody clsk mined at 8k per btc.

Minus depreciation they’re spending 24k per btc. How did all the paid you tubers get it so wrong ? Mmmm

Stnz how did clsk lose 30 million from operating expenses ?

57 million spent for 27 million dollars in mined btc, what’s happened ?

But im confident 21k is going to be the low we see then a big bounce again. imho.

GL mate.

Never say never Chopsing, anything can happen in this game and it does. I think right now bears and bulls have strong cases.

16k btc was beginning to hurt a lot of these miners so if it comes again and lower its going to be detrimental but hopefully to the weakest and most inept.

Then Co's like Mara, Riot, Hut, Hive start being appreciated for their fundamentals and not hype etc.

And in fairness people btc should have collapsed over the weekend. Something like 4000 btc were traded on Coinbase, volume has disappeared, yet i believe somebody very important, perhaps a Stnz or a group like FTX need a far higher btc price. Something is defintiely being manipulated, like always, but id be surprised if btc continues a downward trend. imho.

Gimme more Death please

RIP BTC x;)

Bullish, maybe a few tough days ahead but bullish.

Congratulations Stnz you time these trades perfectly, never in real live time are they, oh i bought last week oh i sold last week. And im the one Larping on Terra firma but only ever in real time x;) mmmmmm

Perhap we may see some sort of fiduciary responsibilities moving forward.

I’d hope galaxy have bought Helios and are not dictating the future for Argo, we will see….

Definitely needs some luck and excellent exec decisions. I’ve never seen anything like the crypto game so never say never but I’m liking the fact that many are getting negative again, when all hope is gone………BUY

If the bull run comes Argo will benefit at some point. Due to the terrible comms last couple of years Lots of details Argo bod need to update shareholders with. So many other viable miners making things happen even clsk being the grave diggers and buying cheap miners from failed miners have made it happen.

Mara volume access to liquidity and only riot comes close. If Mara can get that 3.7 energised quickly, q1 could be profitable that would be a huge positive for the industry and riot could closely follow.

Sooner or later fundamentals will come into play

Added at 618, keep having to buy these lower prices, average 690 now.

If i have to wait a month a year or even two, Mara is gonna come good, have put a lot into mara last couple of weeks and its a weird feeling knowing im investing in a guaranteed win. Guess im understanding how Stnz feels x;)

Just hope im not 18 months too early x;) but Mara is gonna pay off one day or the next.