Home
Creators
Search Recent Random
Posts
Search DMs Popular Hash Lookup Tags Random
Importer
Import FAQ
Register Favorites Keys Review DMs Logout
Community
Telegram ThePornDude
Home Creators Posts Import Register Favorites Logout

Bitcoin Miner Dilution since Jan 2024 (Patreon)

Published:
2024-08-16 17:52:07
Imported:
2026-06
Tags:
haven't archived this post yet. have a subscription? use the importer!

Content

Stunning to see Miner Dilution since Jan 2024.

IREN wins... and this is not a good thing.

CLSK WULF joint second.

Files

Previews only

Comments

Chewie

My current Miner breakdown: CLSK 69% IREN 19% MARA 7% BTDR 2.7% WULF 1.6% BITF 0.7%

lucky723584

Man I regret not selling all my clsk bag at 20’so hard….

BMartin

What’s everyone’s CLSK avg? Mine is $13.50 500 shares. Not a ton but this sucks. I’m scaling out if it ever gets back to $18+

Jared
>>146755565

$8.50, probably will sell some on next HTF move on BTC. Should pump if bitty does.

DigitalRengade

I regret holding my clsk bag, got rekt

Michael B

I’ve got to say CLSK been worst’s investment ever made since I got in to late at 16

Theresa

Ironically I sold out of HUT thinking they may not make it & went heavier into IREN & BTDR

MagicMiles
>>146767612

Agreed. My gut feeling was how can miners make money. I still dont get it. Ill follow my gut next time.

Jamie

I'd run away from Cleanspark.

DigitalRengade
>>146771885

Right now it's probably a buy, just wasn't a hold. Was way too hyped around here, going to 45 and all that.. but yeah

Axis
>>146755297

Same here, and I missed the sell alert since gmail bugged out. Now my CLSK options are wrecked

Srinivasan Renganathan

Nice bit of real battlefield learning for me in Miners. Though my initial CLSK 30% buy was at 4$, i kept adding more at $10 & $15 & $20 & $15 and left with no cash as i found CLSK has the best return possibility. I missed to factor in a) dilution b) BTC seasonality weakness. I am tweaking my strategy for the next cycle. I still feel we will see a nice run in miners this cycle and those who feel rek'd today will feel smart and jubilant again. Don't lose sleep friends. Note: I hold an equal weight bag of BTC / MSTR / SOL & much bigger bag of TSLA.

BTCMiike

JMO but i think unless we have some major negative event like Iran, Israel war the bottom is in or close. I do not have a lot but do hold CLSK, RIOT, Bitf and thursday i bought into MARA on their MSTR copying of buying some BTC with a low interest loan? I am looking at Sept as the start of the banana Zone.

JNC

The bearishness on this board is pretty high. A bottom must be close. It’s like some of you didn’t know miners dilute? But easy to think this is positive when the price is rising, but when it drops down temporarily all of a sudden the miners are useless. “Most” of these will pop back hard when BTC recovers, especially CLSK who is clearly the winner on all metrics. Patience. MSTR doesn’t do anything other than raise debt to buy BTC. What do you think will happen to them aswell if BTC completely crashes? Long and strong on the miners but it’s at your own risk levels and ability to handle volatility. It works both ways! I’ve been adding CLSK down at the 10s and IREN on the 6s. I see a good outlook for both.