Member Info for HopeGreedNothing

replace 'prove' with 'highlight'

MM80

how many BTC will they be mining next year or does that not matter as long as they mine there 100 BTC per month more efficiently and greener than other miners.? (100 figure is used as a representation only, to prove a point)

MB190

I very much doubt i'll be adding, if they manage to make it work then happy days, but i have seen enough that makes me look elsewhere.

Dd

its cathartic though.

the_chuz
maybe when he says 'onwards and upwards' he is talking about getting a new loft conversion in his house.

quarters and years, this company will be worth a quarter in a fews years if he keeps diluting the s**t out of it.

the_chuz

dilution at the rate this company seems to enjoy inflecting on is shareholders is never good sign. Ah! but its needed to move forward they scream!

Utilised in the right manner and at the right time, then yes that can actually be said and can be good for shareholders.

However this company has failed to show that it is capable of doing so from what i have seen anyway. Those who bought in the early days and are still here are still in profit, those who bought at the top have little choice in sticking it out if they still hold.
we have a CEO who stated " thats just the way it is" when asked about further dilution and attempted to sweeten it with (this time would want to give the discount to shareholders for thier loyalty.) Well Whoop di doo, even more dilution because you f*****d up the others. And we are meant to be grateful.

Lets build an oversized shed to put our miners in...
oh hold on we don't have any miners to fill it and you spent all the money building the shed what will we do?
don't worry i'll smile/grin and say 'smart growth' and everyone will by more shares and those suckers can fund it while getting no return.

dilution is wonderful chuz :)

'miners' not 'minors'.
i really should re-read before i post.

correct me if i am wrong but did PW not already talk about further dilution and that he would be going back to the shareholders in the blonity video and others?

and as you stated.....

the_chuz

sure he is not interested in other minors :).
hit the nail on the head,
i know, you know the idea is to get as much as you can as fast as you can.
plenty of reasons for this not least
eliminate/buy out the competition - mara ceo
big players with endless supply of money, the glxy ceo stated " they seemed very interested in the mining side of things" after his trip to the middle east.
others who want in the mining game to whom a few billion is pocket change.
this of course if the predictions of BTC price are right then everyone will want in on the game, so you cant stand still unfortunately.
And as stated others have to try and catch up spending hundreds of millions/billions but it drives advancement in technology and ideas such as immersion and hopefully ensures a seat at the table after the weak have fallen. Alas there will be winners and losers that is for sure.
BTC mining IS a race contrary to what PW states.

if you are aware of what the comp is at then you know that the statements companies spout about being the first to do, the greenest, world leader etc etc you may just realise that it is just a bunch of bs, but people on here would argue tooth and nail that its gospel

Are other miners ahead of us in implementing immersion cooling?

Riot Blockchain plans to increase its crypto mining hashrate potentially by up to 50% through adopting 200 megawatts (MW) of immersion-cooling technology at its Whinstone facility in Texas.
The initial deployment of ASIC miners in the immersion-cooled buildings is expected to commence by the fourth quarter of 2021.

PW interview on CNBC.

k3vmc - oh my. so quick to jump,
' I’ve filtered whichever uninvested commentator posted the original content, but any notion that directors who bought recently at £1.32 would sell out any time soon, especially at a 30% loss, is pathetic.'
at what point did i say they would sell?
do you know what they are thinking, do you know there financial/tax situation?
none so blind than those that can see but refuse to do so.

k3vmc - I don’t understand why ARB has not commented on the vast improvement on a company in which they have a 25% holding.

indeed!

jujube - probably best, sometimes its interesting, vast majority time just monotonous though.

hexam - agree, yes them selling would not go down well, but so many reasons for selling, market will certainly take advantage though if they sell off.

Hexam - i know you know, but people will sell at loss all the time. myriad of reasons. tax reasons being just one.

oh dear oh dear oh dear. own up all who said never below £1 again. You all very quiet last time i asked.

shiba inu up to 22k+ on coinmarketcap.