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Riot on a Rampage (Patreon)

Published:
2025-09-29 21:40:32
Imported:
2026-06
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Content

A pleasant surprise to see RIOT move so much -

Riot up big on this news - ie stopping mining BTC at one fac to focus on AI/HPC

Top 3 miners today were as follows

MARA CLSK and RIOT

I still hold all 3 but will start taking profits on MARA and RIOT soon

Files

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Comments

Accord UTWFO

What changed the thesis on continuing to take profits on clsk

Bob idoc

Sold a $19 call on CLSK. Goodbye……take it😊 Then they will announce an AI deal the next day😂

Cyber Doodle

These bad boys sure know how to move in both directions.

Dave

James how do you see this battle for energy play out? BTC vs AI or I imagine there may be a few dynamics at play or rather technological adaptations along the way but from a cost/value perspective is it really that simple?...and if so, will that force the hashrate down or the price up?

Fons Dbk

james, you classified miners earlier this year as ''garbage''

Johnny2coolforu

Funny, when hut8 pivoted towards this strategy they were shunned. But seems they were onto something.

Nordle
>>188816516

Well as miners they are but as energy centres they are not

Long Shot

This is bad long term for BTC mining and the security of the network.

Sven

Great but still down -22% in my portfolio. Let’s give them some more fuel.

mrcanning

Don't get me wrong, it's great news. But I think, like most people. I owned RIOT when it was a lot higher and would still be in the red if I had not offloaded a couple years ago.

mrcanning
>>188856498

Exactly. Looks amazing if we were not holding since $30 - 40. Super glad I offloaded this stuff a couple of years back.

STACKSATS21

lol still no mention of Iren that has absolutely torn the asshole off all these other miners over the last couple months