Member Info for the_Chuz

"I would say American miners have about six months to address their energy positions before public recommendations on regulation or taxation are made. Clock is ticking."

Just buy carbon credits and make yourself legally carbon neutral, buy a little extra and legally claim you are carbon positive.. basically exactly what Argo did.. and make sure you buy them for the previous year retrospectively too, that way you can clarify m you've been carbon positive for the last few years.. you know, exactly like what Argo did.

Just spend a bit of cash and Jobs a good un... Can be done practically over night

So basically, we ran out of money to buy equipment (not machines) , could well be for the new transformers.

Where is the 100+million in financing for the machines , I don't particularly care about anything else, it's all noise until that is resolved.

So far they are signalling to me that the machines are less important. So I think merger/host /sell.

I also think people will be crying in their cornflakes

"Let’s hope this keeps up and we get back steady above a quid, it’s been very grim here lately but I don’t feel it’s over yet….."

Nah a 10% drop is more likely today

"...Dare I say, we might see $45,000 by tomorrow?"
With the exception of a few on here (bluebay) i dony think people how sigmificant the us news was on digital assests..

The market seems to get it though.

@Bluebay

"This is huge news. Quick, anyone know a miner operating in the US that might be considered a responsible innovator with an eye on climate impacts? "

All the miners can buy themselves green over night just like argo did with the carbon credits (its why i wasnt particually impressed by it , anyone can).

BUT

I completely agree it is huge news for crypto, i dont think we have seen the full oleffect of such a statement yet. For me , and for once, it was exactly what i was hoping would happen.

"don't understand why this has pushed sp up today on ARB? I'm not complaining mind you."

Actually i think its way more to do with the statement from the US last night regarding digital assests and the subsequant rise of btc.

For me ,that was the most positive view on crypto as ot couldnof been. Its exactly what the industry needed. Green light to many to start properly getting into crypto.

Of course it van all change in an instant depending on whats announced but for now we should see an uptick across the board. The statement wouldnof been better timed at the 44k mark to push us through that 45k resistance but so be it.

"You also use 'of' instead of 'have' - could *have* been. I've noticed it for a while and usually wouldn't say anything but seeing as you dedicated a post to your typos i might as well throw it in"

Unfortunatly thats the way i speak too but contracting 'should' and 'have' to 'should've'.. it always sounds like im saying 'should of' whichnin all gairness i am.
I know its gramatically incorrect and it should be " should have " but im now in my 40's and i think its stuck.

"Should of " and " amature ", probably more too... wife hates it too, she did various english things at uni so it winds her up.

Im changing my phone keyboard to see if it helps with the ridiculous typos, i think the 'swift' function is messsing me up with my fat fingers.

Nice pisitive vibe for.the day, i expect a decent rise for crypto related stuff today.

I read that ad we will support crypto and the nenefits it can bring with some regulation thrown in as safeguards.

A perfect scenario for the mass adoption and use if crypto. For me that was as positive a signal as it could of been.

@argobull

"Me because I'll have made a ton of money. You because you can finally buy in at a higher price, but more important than making money, you can tell everyone how right you were."

The idea is to buy in on the drop, and there will be a drop and ride it up again. I was told I was basically a nut job when I sold the bulk of my shares at 137p. It has fallen considerably sice then, unfortunatly it can also fall further.

I'm hoping I can ride the bounce AND say I told you do, it will make my week.

Yesterday I said that on the back of that rns, which some tried to make out was good when it clearly wasn't, I said I expect it to fall 8-10% and it has.

Unfortunatly blind optimism doesnt make the share price go up.

@Everup
"It's the Chuz Child & his Sugar Daddy Chaeb0llcks Muppet Show"

Nice one, very mature... Although I can't remember the muppets theme tune

"You ok chuz? I know you're desperate for a dilution so you can scream from the hilltops "I TOLD YOU SO!!!" but you'll just have to wait."

Yea all good here, just chilling waiting for visitors and. What not.

I am soooo going to be saying" I told you so" when it happens ha. There will be plenty of disbelief by many saying "why at this price bleh Bleh" and then loads of posters here saying how "obvious" it was that there was going to be dilution.

Then there will be Kev saying how he loves dilution and its exactly what he wanted.

I will be saying "I told you so" for quite a while and everyone will get sick of it saying how it doesn't help those who are now sitting on another 20% loss on top of thier current loss.

BUT
At the same time as me saying I told you so I will be buying as many as I can because the funding will be sorted, it's just for once i won't be holding the bags.

I will also offer the voice of consolidation with my "I told you sos" and that's I expect it then to rebound very quickly, so quickly I may even miss the boat.

Who knows though

"Smart growth."

Small growth
No growth
Going to shrink (v network hash rate).
No funding plan announce
Focus swimming pools, bbq, buying ourselves green and a few more transformers to power the machines we don't have and can't afford.

Usually I nacurate rns'
Delayed information such as the intel tell.
Daft tweets/sayings like quarters and years, we. Are. Stoked.
Poor volumes
Falling btc price
Non transparency when compared to competitors

But don't worry, it just means you can buy more of them now and it's only a loss if you sell!

Quarters and years might see some growth, more like years as its already been quarters.

OR

It could just be that the MMs want your cheap shares, the institutions want your cheap shares and the shorters want to steal your shares from you so they can buy them all back after your paper hands folded, don't worry about being 70% down, because as stated its only a loss if you sell

These really must be the cheap shares I've been missing out on, the ones that made me so bitter when I missed them... And I'm still not buying until funding is announced.

"600MW of GRIID spec machines would be an extra 21 Exahash. Current EH is 1.6."

We can pick any number and any power, it's the funding that's important.

I am personally goi g to have 100,000 s19s up and running being hosted by someone. I just need the funding to buy the machines.

"
FP you're ignoring immersion/overclocking uplift. Why go to the bother of building an immersion facility if you're not going to overclock?"

I'm sure they will overclock but there are other Benifits in theory atleast, the hardware should have a greater lifespan from being cool better and there should be less maintenance issues as the miners are sucking in rubbish from air, you can filter the immersion tanks to a very low level.

So if you didn't want to overclock you run cooler and quieter which should use up less electricity for the same hashrate.

They raised 50k in 2020 but not sure what that was spent on.

Looks like a solid deal

I'm pretty sure it's swenson Park Bath house

https://www.preservationtexas.org/endangered/swenson-swimming-pool-bathhouse/

@bluebay
"It’s not peanuts but, as every planner knows, most major developments have sweeteners attached for ‘planning gain’, whether that’s a new school or an access road or a pool. In a place like Dicken’s county that buys you the mayor, quick decisions and local workforce priority on your site rather than other projects. That gets your build on time and on budget, which is worth more millions to the business."

Thats true of course and it's kinda the way the world works, I'm pretty sure though that bringing to industry to the county and providing jobs to the locals and getting money naturally into its local economy would of been greeted with open arms.

Other than spending money on something that will need constant maintanince and relatively high running costs (which the locals have proven they do not want to spend, they had one originally and let it run to ruien)

That's what I think people fail to understand, it's not a few grand here and there that gets spent. 1.2 million on a pool that's another 200 machines.

The company doesn't use its blood and sweat money for it, it uses shareholder money, I. E. My money for it.

If they could t look after a pool in the past with its maintenance costs and running costs they probably won't this time.

Annoyed me from day one. Although I'm sure a bunch on here will be sayi g how 1.2 mil is also "peanuts".