Member Info for CLSKBull

A positive cash figure would be $15mil - which would show they have their finances relatively in hand.

I don't think it will be this, but will be interested in what the figure actually is.

S&P 500 is a couple of decent moves away from ATH - this is with all the noise and end of the world bearishness that we've been subjected to - that is very interesting. NVIDIA movements were telling - money wants to come in.

If the uptrend continues, shorts will have to cover resulting in more upside.

When the fed finally pauses we have a catalyst for S&P to run to ATH, then we suddenly find ourselves in a bull market - hopefully BTC gets some love.

The second half of Dave Hunter's forecast is a mega-crash. This would likely happen before the halving if the above part is right - so if we do get a bull market later this year I will be looking for an exit - probably phased as I don't want to be too early or too late.

I'm not saying it will happen, but it is what I am looking for.

I'm still looking for bull run this year. Halving narrative obsolete and will leave bag holders who think it's coming but the market has already peaked. S&p close on Friday very exciting to me. Dave Hunter theory still alive.

It's a hedged trade PI. The idea being that mara valuation will catch up/surpass riot. Short riot but long mara the same amount.

One possible play would be short riot/long mara. Half considering this.

No idea - Nasdaq and S&P both up and hitting 2023 highs.

Not sure there's a reason for the miners down. Riot down a lot. Good results from Mara and CLSK, should see them go up, but they've gone backwards.

I'm taking the indexes as my lead and bought some more Mara for a trade.

That's their mining wallet - not sure what their hodl wallet is.

CleanSpark Inc. (Nasdaq: CLSK), America’s Bitcoin Miner™, today announced a purchase of 12,500 brand-new units of the Antminer S19 XP bitcoin mining machine for a total price of $40.5 million, or $23 per terahash ($/TH), which is lower than the current average market price.

The Antminer S19 XP units have a power-efficiency rating of 21.5 joules per terahash (J/TH) and a bitcoin mining compute power (or hashrate) of 141 terahash per second (TH/s) each, for a combined total hashrate of 1.76 exahashes per second (EH/s).

According to the purchase agreement, 6,000 of the 12,500 machines are scheduled to be shipped by the manufacturer in June, while the remaining 6,500 machines are set for shipping in August. The units are expected to be deployed across the Company’s state-of-the-art mining facilities.

“This purchase ensures that we are prepared to meet and potentially exceed our year-end target of 16 EH/s and also positions us to be one of the most power-efficient miners on an energy-per-hashrate basis,” said Zach Bradford, CEO of CleanSpark. “This additional machine purchase also gives us substantial optionality to replace the units in our existing fleet that consume more than 30 joules per terahash while allowing us to maintain less efficient machines only if the economics support doing so.”

A swimming pool refurbishment should not be that hard or expensive. $250k is the figure I saw on an article. I think it was a reasonable idea to get the community onside - however turns out we didn't have any money for it. Crazy stuff.

Doesn't show the full story but title suggests it's going nowhere:

https://www.thetexasspur.com/content/spur-pool-back-%E2%80%98blueprint-phase%E2%80%99-galaxy

You'll have to ask Galaxy as they took that on when they bought Helios. I do feel bad for the people that have been promised a swimming pool repair and still waiting after all this time. Not sure if PW would be welcome back in the town.

Still has to get through senate as far as I understand it.

Will be good to see where they are for the first full quarter post Helios.

1245 for the month should impress, but then we've got debt ceiling nonsense holding everything back. Should be sorted by Monday I would think. Wonder when they release monthy result.

Think it's because they had a bigger drop the other day when they said they were changing accountants.

1200 achieved - in my opinion this changes things for Mara and puts them at the front of the pack (for now!).

Big couple of weeks coming. Debt ceiling (hopefully sorted now), followed by liquidity worries, followed by fomc. Would be nice if these things went the right way for a change but suspect it drags on a bit. S&P still high so I'm taking that as a sign than the market wants to run. Mara looking to break 1200 this month. Will see how the market reacts after news release. Would hope to see a decent uplift.

I think there's more chance of me winning Britain's got talent (I've got no talent) than their 2.6 uplift being real. However best of luck and I hope it somehow works out for you.

"I will help you, QBT can mine 2.6X quicker than any other miner."

So why aren't they mining then? If they could mine at that advantage they'd clean up fast. I for one would invest very heavily if I thought it to be true. Suthy, sorry to tell you this but the whole thing seems like they are just stringing investors along with false hope. I know you believe it to be true, but where is the evidence? Why are they not running live miners? What is the benefit of testing the way they are. None of it makes any sense.

Maybe qbt and Argo could merge, that would give qbt access to Nasdaq and tap into a new market.