The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Yes going forward now they should have great gains.
The first 10k of s19 XP rigs already received.... These are the same performance rigs that intel & epic are trying to get close to. 6months earlier and many more in number
Riot
https://finance.yahoo.com/news/riot-announces-september-2022-production-130000899.html
In fairness though chaebol, it was the down time for the btc to EH drop. The equivalents wouldn't of counted in that ratio
Yes, bit of a spanner in the works for them last month. SP still up a good amount today though
https://finance.yahoo.com/news/cleanspark-releases-september-2022-bitcoin-130000366.html
Right gotcha thanks, I missed that ratio.
Makes no difference really i suppose , as they own the amount of btc they do, encumbered or not.
The days of gambling on hodl value going up is over , selling to pay off debts what ever the btc price is & survival is all that matters now
Hi hexam
Would be surprised if they dont have 350 backing the 350 loan itself personally, on a loan in then millions but except that is a guess.
I think they will be forced into paying down the galaxy( freeing up the btc thats backing it) this month or next ,as their running out of headroom for anything else .
There was no Financing Update with August numbers.
I think if they had been decreasing debit last month , they certainly would of included that.
Makes sense that they have approx 700 btc tied up with backing the galaxy loan. So I'm not thinking they will be selling as much this month...
They only have approx 150 btc left which arnt backing the galaxy loan or in argo labs. Plus what they mine this month .
This months update will be very interesting
Mooh
Don't think you'll be far away with your mined numbers , but where does "Machine payments ~$8M " come from pls?
Anything is possible , but looks like btc cycles will be the same as always., just before the halving or in the year following.
A $3 billion btc buyer last month, and yet the price has fallen . All the talk of a bull run in the next few month seems very unlikely indeed.
Thank you.
Even at the lowest 10 %, makes absolutely no sense to use crypto as a currency once your cg allowance has been reached
What is it now pls HH?
Use up your capital gains allowance for the year, and then see if you want to use it as a currency!
40% cgt to pay on any transaction ( if your in profit from buying your btc)
Other wise your effectivly selling your btc at a loss if your not in profit , when you use it as currency.
If your 100 % up ... divde the sp by 2 !
but looking at the data and the actual evidence, the number of addresses holding Bitcoin is GROWING not decreasing. admittedly investing in crypto is a patient man's game and not for everyone. but people are accumulating and holding Bitcoin (facts) ready for the next bull run."
Unfortunately growing wallet numbers
doesn't necessarily mean more people are accumulating.
When theres a big drop in btc price, new investors realise the btc isn't safe on exchanges, and order hard wallets doubling their personal wallet addresses.
Also another example is when people split up their btc around their family members, creating more wallet addresses.
If there was more people buying then selling the price would be going up
BreaconCarreg
Posted in: ARB
Posts: 698
Price: 36.00
No Opinion
RE: Fun Whack Of The Day09 Jul 2022 22:23
Youre still posting on a board about a company whose stock you dont own. Every post solidifies that point
"
Im not underwater and nor do i care about the next 260 days of the market. I am an investor you short sighted imbecile."
LOL.... Not under water at 36p! LOL
A true magician!
Salivating at all his buys he said !
£2 plus
£1 plus
79p
60 s
50s
45 p
Glad all his smart research has cost him so dear :)
BC
"but as someone who is LTH rn I dont really do too much research"
You don't say !....Lol
Think it was meant as 4CP rorydinho
Its covers the 4 summer months
They won't need to reduce mining time to qualify for their program & payments.
So will certainly show in their October mined results & btc to EH ratio