Member Info for CLSKBull

I think Jim will do a good job here, better than the one that just quit. Although an impossible task.

Well said AHS - it seems some people aren't aware that

"GST expects the integration of CAKE and the Bake Cryptocurrency platform into the digital asset arm of the Group, GS Fintech, to be completed on or before 31 March 2025. "

I would not expect accurate reporting by 3rd party sites, or full usage of the platform, until the integrated platform is properly live.

https://gsfintech.net/

It's a waiting game until the above is complete in my opinion. The other main item of interest is Semnet and maybe we hear more about that in the near term - but otherwise switch off and go do some other things until we get further news from the company. Arthur can't believe you're still posting so much - you should leave this alone for the time being and get some of the chores done that you're avoiding.

Yeah and no details on terms. It's something, but not enough to move the price up I wouldn't think

Clsk is reporting on Feb 6 or so and should have eps close to $1, unless there are some nasty surprises i'm unaware of. Hoping this will be a catalyst for miners.

Best of luck with your shares Arthur but seriously if you're that concerned about the company and it's causing you to post so much you might be better to sell some and put it into something you're more comfortable with.

I'll leave you to it though as I suspect you're going to be posting your concerns for a good while longer.

Arthur are you holding GST or not? Sounds like you maybe want to buy in at 1.5p and are wishing for the price to go down?

You seem to have so many doubts about the company you should ask yourself if you really want to be a GST holder or not - if not find another option to invest in? If you're just trying to talk the price down to get in lower then that's bad karma.

The issue is that people invested in QBT have zero understanding of bitcoin mining. Their RNS basically stated that if you turn the power off for 30% of the time the miner is 30% more efficient (because it saves 30% electricity). But why not pursue the 270% or whatever it was they were saying before? Because it was obviously not true and perhaps legally dangerous to pursue?

Anyway nothing has changed there. Francesco or whatever his name is has to keep this pretence of promising development going to keep his salary coming in - how he lives with himself who knows.

I was pretty sure we'd see a placing there today as the price action the last couple of days showed some heavy selling.

Sadly some of these dumb dumbs are still buying more. You can't help people sometimes.

Argo doeesn't have this luxury of getting a placing away as there is no forward sell option as there is no volume.

Highest price since start of 2022. Let's hope the US/UK cycle kicks off.

OTC on 6 cents (4.87 pence equiv):

https://www.otcmarkets.com/stock/CINGF/overview

Pikey, even your best case scenario isn't that appealing.

LI - yes agree with your thoughts. That's true he might get some more, no idea what the performance criteria was though - not bankrupt by certain dates?

I still think their best chance is issuing memecoins.

Yeah I suspect that he just wants to put it behind him and pretend it never happened. Sure he didn't do anything bad during his tenure, and I still don't understand how that end of July placing got through so credit for that, however maybe they should have been tougher with paying back the Galaxy loan. Although hands were tied as the miners were hosted there. I'm sure in an alternate universe a different CEO somehow navigated to a better place.

He's only got 2.3mil shares I think. Which is around £100k worth of shares. But in answer to your question, I think you're correct.

Note that James has pinned his post and it has 10,000 views already (he has 36k followers).

A lot of James's following will be US/International based so it will be interesting to see how OTC travels today.

https://x.com/btcjvs

Clement's X - not as high profile as James:

https://x.com/0xClement

Ok bought some more, they are out of shares again.

Seems a good appointment to me. Not sure exactly what they will do, but I follow James on X and he's always got good content. In fact I'm going to buy more today just based on his appointment.

https://x.com/btcjvs

Well the market has not cared about his resignation. 2.8% down, which it likely would have been due to BTC movements. I think Jim is the only one holding the company together now. Shame he didn't replace Alex back in 2020 or it might have been a different story.

Fundamentals for miners are better than they've been in a long time and they are printing cash each day. CLSK and MARA will show very good results thanks to FASB markups (think the year closed at 93k or so) and I think this will help bring them back up to a higher valuation. Hopefully Trump likes the picture of himself that Mara printed and starts saying some good things about US miners.

Fully diluted Mcap for Official Trump coin is greater than the Mcap of all the Nasdaq bitcoin miners combined. For something that didn't exist 2 days ago. This space.....

NuckyT, QBT's 30% cost saving seems to be due to it stopping mining 30% of the time if you read the news release. If I had a bitcoin miner and turned it off, I would have 100% input savings. No revenue though of course, much like QBT.