The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Hemo have The golden goose but are stuck in sinking sand, the more they move forward the more the goose is submerged. I wonder how much we will have left when we make it to the end. I'm sure a few ropes have been chucked our way but not wanting to take either hand off the goose may end up costing us more.
Bitcoin mining difficulty, which measures how difficult it is to solve the complex cryptographic puzzles used in the mining process, passed 80 trillion on Friday, Feb. 16.
The network’s hash rate, which measures the total computational power used by miners, reached 562.81 exahashes per second (EH/s), and the mining difficulty hit a record 81.73 trillion, according to BTC.com. Bitcoin
BTC
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$66,259
mining difficulty has steadily risen since January 2023 and is expected to reach 100 trillion in the next few months.
In Bitcoin’s proof-of-work consensus mechanism, a higher difficulty means miners require more computational power and energy to find the correct hash. In the last year, Bitcoin’s difficulty level has more than doubled.
Taken from their website.
Extensive Lab tests, at a lower difficulty than the current, have shown that hashing guided with Method B criteria, can improve the ability to find a winning hash by 2.6 times.
How much of a lower difficulty would they have tested at? And when they halfing comes this month it's going to be even harder do we really think it's still going to be around 2.6x faster?.
No they will rund raise again and this will be below 1p. They have kicked this can down the road to many times. We all want to see method b working with live results. Instead we get fluff about method c.
You keep going on that the ceo said * funded untill revenue * but he had that comment 4 months ago when they didn't even know if it worked on the live miners, weird thing to say when you think about it.
Just because he says he believes they are funded doesn't mean they are, I got hit bad on hemo last week and have lost trust and faith. I had a bad gut feeling last week with hemo and I'm getting the same here. Surly if testing is going well they would issue some news just broadly stating how it's going.
I mean it's been 4 months since the raise. We have heard nothing since then, if a deal or even good news was close I would expect it to get leaked and a rise to happen before. The fact it's down here telling me we are close to another raise or no news is close. I hope I'm wrong as I'm fully invested but the alarm bells are starting to ring.
If vlad did get the funding we all wanted from big pharma, how much would they want % wise from our product if it goes well through clinical trials. In the long run would we earn alot more from going at it alone and selling it ourselfs compared. Maybe vlad knows how good this product is and wants to reap the full rewards once we start getting back data.