$73k
#Bitcoin
is nothing
$20 $MARA is nothing
$1500 $MSTR is nothing
You all need to adjust your expectations. This isn't a tech stock rally. This is a COMPLETE MIGRATION OF ALL GLOBAL VALUE from one system to another.
#Bitcoin
is the denominator
@MarioNawfal
@StephenJShaw
If they hadn't debased their money people would have been able to afford to have more kids.
Similar to the West nowadays. People can afford fewer kids because the money system is dying.
Bitcoin fixes this.
$MARA v. $MSTR valuations here. I have added:
1. Bitcoin per 1000 shares (includes future flows)
2. Effective $ value of all Bitcoin flows per share
$MARA premium of >200%
$MSTR premium of only ~20%
@sschweb1
You guys want history to begin in 1946 instead of 1000BC when Israel was actually formed. Remember it was Arabs who usurped the land in the 7th century via conquest. The original sin is yours therefore, not the British, who were trying to compromise.
Riot Produces 619
#Bitcoin
in December 2023, Bringing Total Bitcoin Produced in 2023 to 6,626 while Significantly Expanding Use of Riot’s Unique Power Strategy During the Year.
“December’s strong performance capped off a successful 2023 for Riot, with 619 Bitcoin mined during
Short $MSTR harder please.
As I keep saying the
#MOASS
is on $MSTR
Many of us are
#Bitcoin
psychopaths who just don't sell. EVER. 17m float.
Good luck.
GM. We're short $MSTR and long bitcoin. Report avail at . Crypto trades often get carried away and $MSTR is no exception. The BTC price implied in $MSTR shares is now over $177k, an unjustifiable 2.6x the spot price of BTC. (1/6)
Hard decision but I'm going to sell all my $MSTR and $MARA stocks and options, and my cold stored btc and go all in on $CLSK
Why? Best management in the biz fully aligned with shareholders will outperform in the long run.
$MARA maintaining the extremely high production in May @ 47.83 btc/day versus 23.4 in April. DOUBLED PRODUCTION.
Market completely non plussed.
In what world can a mining company double production and the market completely ignore it?
Going into The Hardening how deep are the pockets of your favourite miner?
Here is a basicbitch chart showing very approx. cash runways.
$RIOT $MARA look very safe
$HUT $CLSK good too
The others? Not so much.
$MARA Blockbuster production confirmed
12,200 hodl
1200 btc mined to date
This is what Wall St and the hedgies don't know yet. They don't track the blockchain and have to rely on monthly reports.
MARA now ~ double $RIOT or $CLSK
ht CK.
$MARA soft pivot from
#bitcoin
miner towards
@saylor
macrostrategy.
If Ferraris were somehow priced at $60k would you manufacture them or simply buy as many as possible and hoard them until the market wakes up?
Marathon Digital Holdings, Inc. Announces Proposed Private Offering of $250 Million of Convertible Senior Notes
Proceeds to be used primarily to acquire bitcoin and for general corporate purposes
@MarathonDH
Marathon Digital Holdings’ December 2023
#Bitcoin
Production Update is here:
- Record BTC Production of 1,853 BTC in December and 12,852 in 2023
- Increased Average Operational Hash Rate 18% M/M to 22.4 EH/s
- BTC Holdings Now Over 15,000, Total Cash & BTC of $1.0B as of
Cash runways based on Q2 reports:
$RIOT have 4+ years of cash + btc.
$MARA and $CLSK both comfortable.
$BITF 4.8 months
$CORZ no surprise but $CIFR flying very close to the wind!
For the 1st time in a long time I am genuinely happy with $MARA 's mining performance. Currently they are on for 205 blocks in December which would be a record month of around 1500 btc which is significantly more than any other pubco miner.
@PrestonPysh
@DylanLeClair_
Ask him if MSTR could catalyse hyperbitcoinisation by arbitraging any difference between MSTR and their hodl.
MCAP > hodl - dilute stock and buy btc
hodl > MCAP - sell btc and buy underpriced stock
Perpetual value add?
Or I have a micropig brain.
We’re not Bitcoin tourists at VanEck. We’re in it for the long haul. That’s why we made an initial $10k donation and signed a pledge to donate 5% of our Bitcoin ETF profits (if approved) to support Bitcoin Core devs
@bitcoinbrink
for at least 10 years. Your tireless dedication to
Now we see why they were holding so much cash.
$MARA expansion to 50EH on the cards and an end to asset light. Now 55/45 hosted/owned and an aim for 50/50 domestic/foreign.
Balanced.
Likely kick out tenants and fill capacity with
@Auradine_Inc
rigs starting Q2 2024.
We have entered into a definitive agreement to acquire multiple
#Bitcoin
mining sites for $179 Million, increasing our mining portfolio 56% to 910 megawatts of capacity. Read the full press release here:
$MARA May
Production up 72% to ATH 1245
HODL up 6% to ATH 12259
Energised Hash up 9% to ATH 15.2EH
Installed Hash up 12% to ATH 20.1EH
Hashrate Utilisation up 28% to ATH 92%
We have closed our previously announced acquisition of two operational
#Bitcoin
mining sites, totaling 390 megawatts of operational capacity, from Generate Capital. Read the full press release:
So
#Bitcoin
difficulty just increased nearly 7% and global hashrate has just set a new short term ATH.
ETF on the horizon, FASB changes authorised and the network is stronger than ever.
Bullish. I like the coin.
$HUT hodl is 9110 = $656m
$HUT MCAP is $630m
$99m liabilities balanced with $94m plant + $8m deposits. Cash generating hosting biz. Energy ownership.
DEEP VALUE
Miners close to bottoming here.
🔔Media advisory – We’ll be sharing our fiscal year results including one month of combined company’s results post-merger close and recent corporate development updates on Thursday March 28 .
The webcast can be viewed here: .
Since ETF launch I have ~$12.1bn net inflows, ~$395bn "MCAP" growth and a multiplier of ~33x
I will say it again: This
#Bitcoin
rally is for ants. Not a real bull market. No reason to sell. This is not the top.
#Ridiculous
Some people think this is "high". lol
All
#Bitcoin
dumps right now are BS.
I don't believe any of it.
Nonsense. Manipulated. BS.
$42k is ridiculously cheap. Anything below $500k is cheap IMO.
November production mostly in. New $HUT were the big story. USBTC hashrate helping to increase their production ~3.5X to 390.
$RIOT also improved significantly presumably by reselling less energy and mining with it instead.
There's no other industry that wants this stranded, otherwise wasted, extremely polluting methane.
It's a huge gap in the market which bitcoin mining uniquely can exploit.
$MARA are leading the pack. The dream is they become the first carbon NEGATIVE miner.
Today, we're announcing the energization our first
#Bitcoin
mining pilot project powered by renewable, off-grid energy from a landfill. The project is currently fully energized and operational. Learn more:
10k shares of Mara, Riot, Clsk, Hut all divided by a single bitcoin going back to recent highs.
Input your bitcoin ATH prediction and project the cycle top for your fav miner. Nov '21 is the key date I reckon.
btc = $150k, $MARA = $180
Blockchain watchers will notice $MARA have mined ~156 since 12th Feb. That's over 34 btc per day which at a global hash of 300 indicates over 11EH.
Have they been lucky or is Garden City finally online?
@Nigel_Farage
The idea that people with no assets working sub minimum wage jobs pay enough tax to cover their pro rata use of public services is a joke and always has been.
CryptoKlepto's real time production chart hot of the press:
$CLSK now on 8EH energised hash. Likely hodling ~50 a month.
$MARA still just about flipping $CORZ for gross production.
$RIOT making big energy services money no doubt.
$MARA's 1532 btc beats $CORZQ cycle record of 1527 set in January.
4.5 days left and the total btc is projected to be around 1900.
Dominant.
The "overvaluation" is justified and become self-reinforcing via more accretive dilution leading to greater growth.
$MARA has mined 1,532 $BTC in December!
#MARA
has now officially surpassed the 1,527
#BTC
that the disgraced, bankrupt, delisted, zombie miner $CORZQ produced in January 2023
No asterisk needed
MARA HOLDS ALL THE MINING RECORDS!!
#MARAPIG
#Bitcoin
@MarathonDH
@fgthiel
👀 👇
Dear Wall St:
I'm not selling you my
#Bitcoin
for any amount of $
The higher the price (in $) goes the less inclined I am to "sell" it.
It operates exactly the opposite way to all the securities you have had fun manipulating for 100 years+ It is an end in itself.
Good luck
Updated $MSTR btc per share. I have estimated os to be ~16.7m.
@saylor
is relentless and won't stop abusing the vast $MSTR cantillon privilege to catalyse hyperbitcoinisation.
People making snide comments about the New Nine ETFs already catching $MSTR hodl in only a month.
Consider the ETFs represent most of the Western World's potential capital.
$MSTR was a small-mid sized pubco going nowhere.
David and Goliath.
$MSTR have absolutely killed it.
CK mining chart for July:
$MARA in front of $CORZ. Can they hold it?
$RIOT got $10m in curtailment rev in June. Likely similar in July
$CLSK uptime still the best
Pig was wrong! (will leave original up as testament to being a muppet)
$MARA production dipped a little on the 2nd but has stormed back on the 3rd.
145.5btc mined in just over 2.5 days! Indicative of 15EH+
14EH "operational hash" but 702 btc in a month when global hash was 345EH indicates 9EH max.
Why the hell have $MARA not energised the other 5EH FFS? This is getting ridiculous now.
TURN THE RIGS ON AND LEAVE THEM ON.
$MARA report. Record 1245 mined. Record hodl 12259.
14EH to 15.2EH through month for 14.6EH average hash (unstated pft). 85.3btc/EH est.
Added hash at Ellendale. 20.1 now installed. Nothing on GC.
Not great from $MARA (0.13) EPS. Paying too much for energy and hosting (est. 7.5c/kWh). $25.9k cost per coin, $38.6k with depreciation.
All about the hodl as no one is making money <$30k
Marathon Digital Holdings has repaid its term loan and terminated its credit facilities with Silvergate Bank, reducing Marathon’s debt by $50 million and increasing the Company’s unrestricted bitcoin holdings by 3,132 BTC. Read our full update here:
$CLSK $300m dilution = great low figure.
$CLSK $800m dilution = great more hash.
Does not compute.
Sparkies, like most retail investors in miners are morons.
This is more akin to sportsball than investing IMHO. Pick a team and cheer them on. Leave your brain at the door.
IF btc does not run to ~$60k by March/April THEN this recent $MARA move is a rational defensive move.
Feels very much like they are hedging their bets. 56% reduction. ~50% chance of no bull run by Q2 24.
Most other miners are almost worthless with btc <$60k in April.
Monthly production across the board with 3 laggards still to report.
~17-20% down m/m
Only $WULF and $SDIG make new ATHs.
$ANY and $MARA have the most aggressive recent growth trajectories.
Midday GMT and $MARA had mined 233 btc since 12th Feb. That's over 35 btc a day (even though yesterday was slow).
At this rate they will outmine $RIOT in Feb. Guessing the 11EH promised in the Jan report is now online.
Next stop Ellendale 8EH and UAE ~2.5EH effective.
$MARA are offering countries solutions to their problems rather than simply trying to take their energy to mine Bitcoin like every other shitminer does.
Big Difference.
Sep final productions from CK:
Record month in blocks for $MARA. Close to a record in btc.
$CLSK using different wallets? Losing traceability.
$RIOT - last 4CP month. Production should almost double in Oct.
$CORZQ another ATL
$MARA Q1 is OK
Not at all as good as everyone is making out, but it's understandable given their broad investment in innovation.
Just don't let the low IQ guys tell you it's because they can't control costs.
Mark it!
@Auradine_Inc
Big deal here for $MARA:
"The transaction is expected to reduce the cost per coin of Marathon’s current operations at these sites by approximately 30%"
Hopefully the analysts take note.
Live look at the fiat value of the 14,450+ Bitcoin in MARA's HODL
With the $272m in cash that Mara reported on 11/30 that's over $908m in cash/bitcoin on the balance sheet