Member Info for Scruff_

He can be in profit before the placement shares hit

Looking like north of 2p could happen this afternoon. GLA.

Just bought for second time this morning, looking strong.

GLA

Hoping so, did a big buy on the bell.

GLA

Yep exciting times - got close to a third of my PF in this after a large top up yesterday. Feels like early days too.

GLA

I'm really happy you chased it down - what a result right now, well done Kpa1!

My nibble back into crypto yesterday became several big bites in the first hour or two. All motoring along nicely!

GLA

Agree the markets are crazy, you can research the life out of a stock then one tweet makes something worthless double. I went big on AMC yesterday buying in stages and sold in stages today having barely slept! I feel very lucky that it has rescued my year. Hope it keeps going well for others.

I've now dipped my toe back in Mara and CLSK but not going in big, the sector isn't playing nicely for me but I can't resist a nibble at these prices.

My out of sector play is in AI with Veritone, I'm not putting all my eggs in one basket again.

GLA whatever your strategy.

Averaging 18s is good from where you started Kpa1 and there must be a lot of upside from there so I reckon with patience you'll be grand.

I got stung at the last ER with my Mara shares so sold in stages on Tuesday after Monday's rise and now hold no crypto shares whatsoever. Not a brag though, I've managed to lose plenty out of sector since! Gonna hold what I've invested in for a while and likely be back in Mara as and when it turns a corner.

GLA

If 1p equates to £500k then I make that 50 million shares at 0.1125 share price makes for a £5.625m pot of Argo shares from the mcap of £64.93m. So just over 8.5% of the company unless my maths is wrong. Anyone seen a TR1?

Anyway BTC and mara heading the right way, exciting times.

GLA

Increased my mara holding by 10% today whilst it was sub-18. Fair to say I'm ready for it to run now!

GLA

40+ e/h and 9 blocks in the last 24 hours :)

This is what will help Mara's share price this week far more so than +/- $1500 in BTC price. Let's hope they keep powering on!

GLA

Good work Kpa1, you're within a stone's throw now!

From my four miners you could tell from early on today that, despite them all taking a hit, one of them was falling the least.

So I am now all in on Mara.

GLA

An hour since you posted Chaebol and Mara looking less of a black hole! Exciting times.

GLA

That assumes you'll be able to buy below $20 today Kpa1!

GLA

Miners revenue v bitcoin price over time:

https://www.blockchain.com/explorer/charts/miners-revenue

Ant pool 108 e/h

Foundry 166 e/h

Marapool 4.3 e/h

https://mempool.space/mining

What don't we know?

Marapool mining blocks slower than most, though peers only get a fraction of each block.

https://explorer.btc.com/btc/blocks

Fees still looking juicy 30+ hours after halving. Long may that continue!

GLA

Yep well done all who navigated the last month or so without losing too much of your gains. In hindsight I'd have been better staying in cash for a while but am pleased I circled around between various miners and mstr. At least it was a better strategy than hold and hope would have been when I was pretty much all in on Mara a while back just before their results.

Wednesday things certainly shifted and through Thursday and Friday I tried to follow signs of strength. I'm now 95% miners and nearly half of that in Mara. Not felt so confident about the upcoming days and weeks than I have in the whole run. Whether that's a good or a bad omen remains to be seen - but agree to it being exciting times.

Here's hoping we all see some decent returns in the near future whatever approach you've gone for.

GLA

Nobody does know, though like you say an expected uplift in bitcoin very soon is the conwensus. Will it bring the miners with it though? Regardless of logic and knowledge of halving and hash rates, they are unloved at present. Did anyone foresee bitcoin at 70+ and mara sub-18?

I didn't think I'd switch again this week but seeing MSTR in the 1400s the other day meant I moved all but a token from mara to there and will see where that goes.

GLA

Thanks Chaebol, thanks for the insight and interesting to know you believe there's a good while yet. I was going to let price action dictate over timescales but am adaptable!

Just arrived in France with v ropey internet, might be stuck with my portfolio as is for the coming week or two, would make a change!

GLA