Member Info for red_rag_to_bull

This might get a rise next week if BTC price continues upward, just in the all boats rise principle.

Brace yourselves! Could be a bumpy ride this afternoon.....

That’s the best post today without a doubt.

Worth considering that these are likely being pulled as this is being written. They also will have zero rev in Dec. WTF are they going to do with those machines.....?

The fact that price just went below the discounted placing tells you all you need to know

Wow - this is now getting annihilated Stateside. I don't see anything that is going to make this recover to a $1+ on NASDAQ. Toast

This is looking like a very busted flush

ADRs have sunk below $1 min Nasdaq requirement. They need to bounce that up at some point or face delisting down the line.

NVDA results at 9pm or thereabouts. Keep an eye on the markets folks!

MARA doing very well today. Seems like a few investors are suddenly putting 21M (minus lost coins) into their brains during the morning shower and doing the compute. I'm hoping CLSK follow suit tbh as that would break the back of the shorters on that equity.

VP of Mining seems like a position that will be up for review. To be honest, they are virtually running on bare bones in terms of employees from what i can see, so that is not the most pressing issue facing Argo or it's wider stakeholders.

Anyone attend the Q3 call? Was waiting for the upload on Investor MeetCo but if anyone has the key bits, that would be good and save me listening to what must have been pretty depressing

Yup. Next difficulty adjustment is currently sitting at 15.2%. It was 22% last night!

Seems like BTC mining community on X are saying that it’s being aggressively shorted as there is a breakout in play at 19.50.

What’s going with CLSK? Strange price action today

Whilst we see the biggest asset repricing in history to date. The volatility smile in the right tail is going to look like a very odd banana.

Whilst i can't sleep, been watching and reading these. Subject matter is basically Bitcoin mining vs HPC and the margin potential available to each. Both seem to be pretty convincing that HPC is long-term more viable and offers longer term value:

https://x.com/AB_Brammer/status/1785313039819968956 (Alex Brammer: I design, build, & operate industrial-scale #bitcoin mines | Director at @BTC_Coalition)

https://www.goldmansachs.com/pdfs/insights/pages/generational-growth-ai-data-centers-and-the-coming-us-power-surge/report.pdf

https://www.youtube.com/watch?v=KTKoUpdfRhI (Why Bitcoin Miners Are Pivoting To AI Data Centers | Josh Solesbury)

Volume spike on the ADRs Stateside. Strange....

I'll say one thing for Argo. It's a weird ride indeed.

Yeah - it's a sad reality that the company has performed poorly to say the least. I suppose for every winner there inevitably has to be a loser.

$1.5B in shorts now anxiously watching the 85k mark....

20p?