Member Info for Chaebol

It was out of hours which never bodes well and indicates to me it’s not a buy.

‘My point was, once you are buying and selling 250 odd thousand pounds worth, 10 or 20k don’t mean ****. ‘

And sorry that’s nonsense, big money far smarter than that!

This would be a retail move and they wouldn’t be able to do that out of hours.

If that really is a ‘buy’ it’s a dumb one, they paid a 10 % premium. Could have just broken it up in tranches and saved about 20k. That’s why I don’t think it’s a buy.

How do you know it was a buy?

12k btc ill be buying again, can see it going lower as the sell offs/bankruptcies/fraud all play the capitulation.

Exciting times x;)

Haven’t looked much into HUT In all honesty.

As fp and I have alluded to previously CLSK sold loads earlier this year over 40k.

Thanks for the heads up!

The only one that really interests me out of the 3 is corz, but I’d have to see the bottom and we are nowhere near it imho

Should any of these companies have to consolidate with shares further down the line to abide by prices would be another plague to the crypto game. Forced dilutions lol or delist…….

If these shares keep falling they’ll be under a dollar soon, 30 days of trading under a dollar and you have to do a share consolidation ! Like hive recently did. Might be a master stroke that PW did 10-1 adr shares, even at 12p per share that keeps it above the dreaded buck on Nasdaq x;)

This looks like the start of the demise to me till next halving, without Do Kwon doing his april pump and dump btc was in a downward trend then from May its been killed, think we have many many months of this type of price and lower , imho btc 12k lets see the landscape then if that happens.

However its clear to me and apparent that btc will continue to fall for now.

I think the miner with the lowest btc mined eh equivalent, lowest hodl and lowest cash reserves has multiple problems in a bear market. Add the liabilities and this continuing price and its all a ticking time bomb to oblivion.

Argo ticks a lot of those boxes for me x;)

I thought Argo Labs was all 'breakeven' lol x;)

The Pluto raise killed the share price volume and sentiment, the Argo Labs venture may finish the Company off entirely.

Cheers fp, Domino effect coming ! This part is mad

The Singapore-based firm reportedly held $3 billion in assets in April, right before the rug was pulled from underneath the crypto industry, The Wall Street Journal notes. 3AC reportedly invested in the now nearly worthless cryptocurrency Luna as well as the Grayscale Bitcoin Trust in addition to Terra (also worthless) and Axie Infinity (robbed of more than $600 million) before that. However, like so many others entrenched in the plummeting industry, 3AC suffered as Bitcoin and Ethereum values fell in recent months. Bitcoin, in particular, recently dipped to its lowest point in a year and a half.

Agree AIG,

Cant be specific about Galaxy loan yada yada yada but they still talk about it why even bring it up im expecting an interesting update from Argo in July regarding this.

The most embarrassing part for me is this 10k breakeven costs very manipulative, Alex said 'breakeven' costs could be lower than 10k. wtf!

A house of cards playing fast and loose, first gust of wind mullers this imho.

What have I implied ? Just so we are clear I’m implying curtailment from the whole of that comment, they all sounded and looked like they were going to a funeral, but I’m probably overplaying my hand……..

Did I say Dickens county wasn’t in TORNADO ALLEY when it was. Oh yeh doh that was you this morning.

Overplayed my hand from 152 to 34p you’re special limp I’ll give you that! I appreciate your buys I really do x;)

Sidestepped the Galaxay loan, im expecting some bad news in the rns about that, found the body language of them all quite off! but im looking for different things than most folks, its only 30 minutes lots of waffles like always.

The exahash online comment must be translated as a lot of curtailment in Texas, looking forward to next weeks update! x;)

Minute 7.45 ish Pete talks about

it all depends on how long we can keep our exahash online'

Very strange comment x;)

lol 200 mw seems a long way away too if these prices continue.

Wen intel chips, will need some good vinegar to pay for them !

Yes, who's got the most cash reserves and hodls and the least liabilities for these lean times.

Depends how long this all goes on for. Now Goldman and others sniffing around distressed assets I can see btc going lower so they get cheaper, so i can see these lean times going for a while imho.

Not 1 miner is all paid up, real all in btc mined costs range from 30-50k now.

The more you mine the more you lose in this price cycle.

At these current btc prices for many miners, the more you mine, the more liabilities you create.

Corz mine more in 1 month than argo have mined all this year.

CORZ is getting hammered at these prices. When/if btc flips CORZ will be in play imho. MARA if goes to 2 bucks ish im buying that too!

GL

not forgetting, if you need me

'reach out and ill be there'