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Quick Miner Update (Patreon)

Published:
2024-07-25 18:46:57
Imported:
2026-06
Tags:
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Content

Above is miner HODL

MARA is going nuts stacking and buying BTC... NOT only MINING it but buying it also

HODL as % Market Cap

FRESH JUNE PRODN

CLSK #2

CORZ has more has but not as efficient as CLSK

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Comments

BitcoinMaxiPad

Strange how MARA has a totally even number, 20,000

recliningCheese

Hey guys. At the BTC Conf MARA rep just told me (sorry i forgot the exact amount) that they just bought a truckload of BTC. They are/have the 2nd largest BTC treasury behind MSTR. Core mentioned that they're not just BTC, but also building AI datacenters.

recliningCheese

There has been a theme, among Lightning vendors, that BTC via Lightning act as a sort of 'central (un)bank', moving large amounts of value around.

Oyster

Looks like the community has more then a 5% bag on Bitcoin miners

jim beam

That like a gold miner buying gold. What do MARA know, as that seems a very odd decision to me.

kelymac

Did most of the community move out of BITF ? It’s been down since the day after I bought at the beginning of the year. Maybe time to move the funds to CLSK. NFA of course.

FlaffTheDaff

I am still in BITF and think it looks good. Big bull flag. Above 21 EMA. I will add at 2.43. Also holding CLSK and Riot

FlaffTheDaff
>>144703742

If they believe in the appreciation of btc price in makes a lot of sense. Look at MSTR. Why is it mooning? Bc it's a btc company now. If MARA holds a lot of btc, then investors will likely bet on the share price if they also believe in btc price going up.

kelymac
>>144733785

Thanks for the response. I don’t have a big stake but it’s fun to be in the game at least

Angle Torres

I know hope is not a strategy but Bitf has a lot of potential I hope it shows sooner than later. To the moon.

Turbo Tesla

I’m holding CLSK but how long should I hold it? It goes up and down a bit but is it gonna take off???

Vagaris

Have recently opened several call options on MARA due to unexpected profits from mining Kaspa. Kaspa has been reported to be 4X more profitable then BTC. Good possibility that MARA could have a large surprise to the upside vs other miners due to this.