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$IREN has made a significant leap in miner rankings, securing the 4th position. This impressive climb is primarily attributed to the company's substantial hash rate growth.

Hash Rate Milestones

Ahead of Schedule: IREN has achieved a remarkable 20 EH/s capacity before the end of September, surpassing expectations.

Near-Term Projection: The company is on track to reach 21 EH/s by the close of the current month.

Year-End Target: IREN has set an ambitious goal of 31 EH/s by the end of 2024, showcasing its aggressive expansion strategy.

 

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Sean Delaney

That is impressive growth indeed. It will be fun if these holds recover.

Vishal Jagtap

Can you shade light on WULF? this miner has been moving up a lot, but dont understand the reason

docbonz

CLSK is not run as well as we thought. Had their moment in the sun. Took my profit and ran like hell between 18 and 19:50. Still hold a small position. Their days are done.....

docbonz

James can disagree but I think it's time to get on a horse that's moving. CLSK, done nosana ... they have to more than double and NOS 400 % to get back to ATH. NEED faster ponies......

It’s Miggy

I guess I deserve to be in the red with clean spark. I had a 70% profit on $20K and I didn’t sale. Shame on me for being greedy. 🤦‍♂️

TequilaB

disagree. We haven't seen what they will do when bitcoin goes well past ATHs.

InvestAnswers

as u know i always say - MINERS ARE CUT THROAT, the time to buy them is in the bear.... - we are more than half way thru the bull - 4x 's are very hard to come by here after we had so many 10x's +

Pla Dim

Thank you, James and team 🙌

King Lewy

I swapped BTDR for IREN two weeks ago

Chewie

Thanks to clever Discord members who provided me data to show why IREN is number 2 and now number 2 in my Miner bag too

MGM

The interesting part is that all the miners at the bottom of the chart have done way, way better then the ones at top these last 6 months. Especially CORZ and WULF. CLSK is dead last and furthest away from 52 weeks high(-63%),fallowed closely by RIOT(-62%).

Moolahwalla

Ammount of dilution should also be a metric in the calculation, rather than just a side comment. Because it has a significant effect on the stock price without it the ranking is heavily skewed and unreliable.

Chuck3Putt

Agree with your comment. Strange. I think CLSK will rise significantly once folks realize that their setting up for "potential" future dilution is NOT them diluting. When BTC moves, CLSK will outperform....I believe. We'll see.