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I've been watching KOD for a while now, and took the plunge with 200k today. It looks a really good option of all the "new " miners, especially with Chinese backing. They will make it work, and even send their own workforce to see it through. (I've seen this happen in Namibia!
It's unreal that each time WHS delivers a good set of results the SP drops!
Unfortunately, you don't have time to go to the shops airside, it takes so long to get through check in and security, that we ended up running to the flight and had no time for anything in the airport!
Garwool, it depends on where the persson resides, Italy or UK, and as the team is split between the two, for those in Italy after April makes no difference as the Italian tax year runs with the calendar tax year, ie January to December. however the UK domiciles could certainly take advantage of our tax year.
I beg to differ, the rest of the market today is down the pan, and we are 4th on the FT all share risers board. If this RNS was released on a different day, it would probably be 5% up.
Thank you Bamb for your response, I do try to be civil, and don't get personal.
Miker, I didn't sell that day, and if you read the post, I said that I wouldn't thenthen. However, as I said, I waited and did sell when it picked up. And as the rise was so great, I managed to top slice and get my hard earned back, leaving some to ride.
FTH, I will invest where I like, thank you for your given suggestions, but 1 crypto is enough for a balanced portfolio.
Hey Bamb, no, I'm not disgruntled at all, I first invested here under CLP and was very excited, I'm not so now, QBT doesn't owe me anything nor I owe them. All I'm doing is pointing people to an area that they can read up about a very complicated business. That is all. I'm not ****ging anyone off, nor am I bigging anyone up. I'm just stating the facts, and they are not my facts blown out of proportion, they are reality.
Thats all.
Sorry, forgot to mention, all of the mining machine manufacturers have full order books and the earliest deliveries to the current orders is October 2022. So unless Quantum have ordered under a psudonym, there won't be any serious mining until Q4 at the very earliest.
Sharkcatcher, and anyone else that might be interested, read this
https://www.investopedia.com/terms/b/bitcoin-mining.asp
Its from investopedia and explains how it really works. If you would want to mine seriously, as seems to be the case here, and not want to join a pool, which a lot of smaller miners do, then I think you will need upwards of $50m. AND bear in mind, the block size, currently at 6.25 bitcoins is due to halve to 3.125 bitcoins per mined bloc in around 2 years.