Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I think update should be forthcoming to state that component sourced and expected delivery to site, otherwise weakness will continue, which presents opportunity for some :-)
Might be hearing from Noble first at this rate. Frustrating indeed but waited long enough, every day a step closer I tell myself.
New money coming into Bitcoin?
https://medium.com/@bravenewwhorled/2024-us-debt-clock-usd-bitcoin-ratios-833957328304
Watch the money supply, the US will want to weaken the dollar, the $33 trillion is a debt that is causing angst amongst economists, with many suggesting the printing presses will be restarted.
CleanSpark Acquires 4.4 EH/s of New Antminer S21 Bitcoin Miners; Expects to Achieve Hashrate of over 20 EH/s
Nice....
LAS VEGAS, Oct. 11, 2023 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has purchased 4.4 exahashes per second (EH/s) of the recently announced Antminer S21 bitcoin mining machines. The acquisition continues CleanSpark's track record as one of the largest, most efficient publicly traded bitcoin miners in North America.
With an efficiency rating of 17.5 joules per terahash (J/TH), the S21 is nearly 20% more efficient than the XP, which had previously been the most efficient bitcoin miner available in the market.
"Integrating the S21 into our mining operations is in line with our commitment to using the most efficient mining technology," said Zach Bradford, CEO. "The efficiency of the S21 should not only increase our capacity but should also drive down energy costs per bitcoin mined, enhancing our competitive edge within the global mining landscape. Importantly, our scale has positioned us with strong bitcoin production at solid margins, and as a result we expect to fund the majority of the purchase through operating cashflows."
I think there will be an event that will trigger the bull run and it is perhaps weeks away imo.
From my readings a few articles...
The huge US debt and elections coming will mean the money printing will have to be turned back on and that will weaken dollar and pour money into the market.
When something doesnt feel right then it usually will turn out bad...imo
Slippery Shearer is playing his own game, he has no regard at all for PI's, he has stated that in the past imo.
Good or bad for bitcoin?
https://uk.news.yahoo.com/uk-bonds-hit-25-high-132815806.html
After all bitcoin is safe haven you'd think?
Https://www.youtube.com/watch?v=hPVvNSd0JVU
Could be moving to 29000USD.
"no issues with the hole, our well control equipment is fully installed and pressure tested, and the rig was performing well, with the target depth expected to have been reached over the coming weekend."
The hole has no issues which imo is a positive to take compared to last drill. I think panic sellers have gifted us an opportunity as the risk reward has become far more attractive.
Https://twitter.com/Heliumone1/status/1709482933025660947/photo/1
Looks from drill pipe diameter, that making good progress and TD could be next week.
Everything proceeding as planned, yesterday was a bad day in markets, then add on some panic here then a buying opportunity presented itself. The drill is continuing to do its work, no leaks, next week for TD at the earliest, all to play for.