Member Info for Stnz

Marathon;

https://www.theblock.co/post/182263/miner-marathon-digital-q3-results-miss-estimates-across-the-board

What lilly pad?

LAS VEGAS, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, has expanded its credit facilities with Silvergate Bank, the leading provider of innovative financial infrastructure solutions to the digital currency industry, by refinancing its existing $100 million revolving line of credit and adding an additional $100 million term loan on July 28.

The $100 million term loan includes a delayed draw feature that grants Marathon the ability to draw $50 million at the time of closing and an additional $50 million up to 270 days after closing. The term loan carries a variable interest rate with the initial draw currently priced at 7.25%. The Company also announced the refinancing of the $100 million revolving line of credit that was previously set to expire in October 2022. There are no amounts outstanding under the revolving credit facility at this point. Both facilities are secured by bitcoin and mature in July 2024.

CLSK doesn’t have a whole lot of debt?

More importantly, if Argo disappears.. what will chaebol do all day? :o

NYDIG.

Selling rigs and potential for curtailment/ceasing operations.

https://twitter.com/ArgoBlockchain/status/1586962072818032640?t=cty3uDGQZ6hzCH7b0ylaOg&s=33

Also Peter forgot daylight savings?

Riot and CLSK are cash flow positive at 20k. Riot have a PPA at 2.5 cents I believe until 2030?

I maintain the opinion that MSTR is the safest way to have btc exposure in an isa. Safer than any miner, regardless of operational excellence.

I thought he was going to build a wooden boat or something?

Yes the nuclear aspect of Georgia is very appealing indeed. CLSK have a Ppa for Texas too via Lancium.

Bitcoin serves no purpose, that old chest nut. Next he’ll be saying there’s not enough renewables used and it’s a waste of energy.

Correct, thankfully not invested. You’re high as a kite if you think things are rosy.

You’re so full of dog muck it’s unreal

Ooo spicy

How much

I’ve not lost money on any miner, this is true. I’ve lost a portion of profits taken in November but by blind luck. I’m down on CLSK currently too.

Mad isn’t the right word, perhaps infatuation is? Pulling it’s pudding reading my posting history every day.

Oh dear, I’ve made it mad again.