Member Info for CLSKBull

I must admit that I do like CLSK now being regularly included in the big boys club - I guess they've taken the place of HUT now - just need to step over RIOT and all will be good. I've not looked into CIFR - do you think there's a reason their MCAP is higher than CLSK?

When the dollar retraces the indexes go up - but agree that it's a slightly looser correlation as sometimes they don't move in step. From what I've been reading, BTC was just being traded most of this year - a build up of longs or shorts, then liquidation of these by market movers, but in the last week or so there's been heavy spot buying related to ETF, or ETF expectations. I'm feeling pretty good about it all just now (no matter what my screen is telling me!)

Miners being low at the moment is in line with DXY/S&P/Nasdaq movements from what I can see. When Mara was near 20, the indexes were a lot higher. If/when these start moving the right way, miners will get some love.

As for issued shares I have:

Oct-19 Mara 216,894,234

Oct-16 Riot 198,681,632

Aug-09 CLSK 152,643,328 (plus some performance bonuses after this date)

So Mara is still lead Market Cap due to the extra shares on issue. I think Mara should be more ahead of Riot than it is, but I also think Riot is overvalued. Although with all their energy credits they are actually a good bet going into halving. Mara is paying too much for hosting, and this will become very evident post halving. However if BTC runs then this all changes and Mara becomes more attractive due to the amount of hash they have.

So what happens next? ETF still to play out - I like to think this has been underplayed and will kick start an early bull due to the limited supply of non hodl'd coin. Fed need to change tack also which would add support - think this will come.

I still feel CLSK is the choice for now - it has some catching up to do - just ask JP Morgan.

Great deal on the S21's also:

https://www.sec.gov/Archives/edgar/data/827876/000095017023052766/clsk-ex10_1.htm

Seen a couple of bears on twitter flip.

What are your thoughts on Mara shorts? Are they likely to liquidate and fuel a run, or are they more permanent hedges?

Blue - I follow quite a lot of people on twitter to get a general feel. None of them are near 100% accurate though so never blindly follow as you'd likely lose money that way. The good ones are those that don't have a hidden agenda or paid membership options, but a desire to help others/share knowledge. There are good people out there.

Here's some that I currently rate the highest:

@JTheretohelp1

@CryptoWizardd

@Pentosh1

@BigCheds

and of course - @DaveHcontrarian

DXY seems to be retracing a bit also. A great week so far.

The people I follow are expecting 36-38 BTC in the coming few weeks.

I think miners are lagging due to the stock indexes being at recent lows again - but we might be near a turning point there also. We've still got another week left of Uptober - let's see what it brings.

That's me out now - took a sizeable loss on this unfortunately - my trade backfired spectacularly.

Good luck all LTH's, hopefully it all comes good post drill repairs.

A big red day to undo all of yesterday's goodness plus an extra kicking for good measure. Gotta love the markets.

There is some immersion out there but it's not the industry standard. It is better if done right - but it's also more expensive. Doesn't look like Argo did it right given their monthly mining figures.

ESG is not really talked about much - although a lot of the energy is not fossil fueled now. Greater than 50% of the mining industry energy input is not fossil fueled from what I've read.

Yeah you never really hear anything about Cipher and it doesn't regularly feature in comparisons. Riot did very well with energy credits last month but what happens when the weather isn't extreme? I don't understand their valuation vs peers but perhaps there's more to the story that we're not understanding.

Cipher has a bigger market cap than clsk which has higher production, hash, hodl, etc so I would think they were overvalued.

It sounds an attempt to pump price. Hopefully some helium is found in quantity instead and does this for us.

Lol as long as it's post bull that's fine

I think they've just moved things internally within coinbase, no idea why. Think the hodl will be around 2200.

Think we'll dip again but might go a bit higher first. Then by end of month we'll be 35+. That's what wizz is saying and he's called a few things right.

Missed migi, was watching it but not sure why the volume is so low.

Yes I saw that, he hates them - Chaebol is he your mate?

CLSK changed wallet near the end of the month - new one I believe to be 3KmNWUNVGoTzHN8Cyc1kVhR1TSeS6mK9ab

They are at 9.5EH as well so as you say they numbers are close enough.

I have Riot at 362 (one day shift back due to Foundry payments being the next day). Riot getting all the love today even though they mine next to nothing.

I have CLSK at 642 for the month for what it's worth.

The lower number is probably right as there was a weird inflow the other day of 170 or something.

Nice one Steve good luck!

Good start to the month, let's see what it brings.

Sorry, meant to say the less than (if you do the less than symbol it treats it as html and cuts the message) $1 NASDAQ listing requirement - but think they get 6 months warning period and could consolidate to make it right.

The drilling has started on time. That's two less risks. 1) that the shipment of the drill would be delayed somehow. 2) that we'd push closer to wet season which could stop the drill.

Share price action yesterday, who knows, some days are just like that. This has a lot to play out over the next 4 weeks, looking forward to it.