Cryptominer company discussion

GiraffeBurgersAndFries

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I don't see much talk about cryptominers here. Are y'all sleeping on them? If not which ones do ya fancy and why?
 
Proof of stake is the future, miners are old and only big boys still can take the advantage of it just because bitcoin is the leader.
 
GPU prices rose too high...it is not as profitable as it was...

Beg to differ. My largest holding just bought $30mil worth of mining GPU.

I think y'all misunderstand this post: I'm talking about publicly-traded cryptomining companies. Not individuals. The big boys. MARA, RIOT, HUT, HIVE, BITF, etc etc.
 
Beg to differ. My largest holding just bought $30mil worth of mining GPU.

I think y'all misunderstand this post: I'm talking about publicly-traded cryptomining companies. Not individuals. The big boys. MARA, RIOT, HUT, HIVE, BITF, etc etc.
No, we got it. Why should I buy stock in a company that I think is risky? PoS is the future.
 
Go ahead and do it yourself then come back and tell us your results.. No point asking here!
 
Go ahead and do it yourself then come back and tell us your results.. No point asking here!

I am already invested brother! :eek: My point in asking was to see who else is. Get a discussion going on this.

I can't make money if the stock price falls. The logic you apply here is invalid

Yes you can. You can take a short position. You can make money if it's going sideways too. I won't try that until the market settles down.

I'll admit my logic might be wonky sometimes: I'm invested in psychedelics too :confused: That's a whole nother thread though and there don't seem to be much interest here. Y'all take care now.
 
With crypto heating up again I thought I'd provide an update. Since I created this post these are the gains experienced in some miners and the underlying coins. In transparency I own some of these, not all of these. Just illustrating things here.

Jul 08 - Aug 7:
RIOT +3.71%
MARA +23.24%
HUT +22.05%
HIVE +22.11%
DMG +63.3%

BTC +33.48%
ETH +45.69%

And now % gains from today's prices to hit previous ATHs:

RIOT +127.34%
MARA +68.61%
HUT +119.6%
HIVE +89.14%
DMG +360.07%

BTC +47.8%
ETH +41.24%

Y'all starting to see what I'm saying about these being leveraged crypto plays? :anyway:

Have a great weekend ;)
 
I am already invested brother! :eek: My point in asking was to see who else is. Get a discussion going on this.



Yes you can. You can take a short position. You can make money if it's going sideways too. I won't try that until the market settles down.

I'll admit my logic might be wonky sometimes: I'm invested in psychedelics too :confused: That's a whole nother thread though and there don't seem to be much interest here. Y'all take care now.
Psychedelics fry your brain me thinks.
 
Update on the 1M price action:

RIOT +44%
MARA +92%
HUT +52%
HIVE +65%
DMG +3%

BTC +22%
ETH +33%

It's starting to get exciting now! Isn't it nice when your leveraged thesis checks out? This week I will choose a few small cap miners to rotate some gains into. Feel they will have more room to run. Cheers to anyone who happened to listen to me when I first made this post and made some bank too! :D
 
We want to double our money in 24 hrs, not in 6 months. Still, congrats on your earnings!:)
 
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