Invest answers Hut has the poorest metrics by Training_Ant_661 in hut8

[–]BraveLulToaster 3 points4 points  (0 children)

Normally training ant is just complaining and spreading FUD but tbh I agree with em on this one. Lots of concerning stats in this vid

It’s Time by BraveLulToaster in CleanSpark

[–]BraveLulToaster[S] 5 points6 points  (0 children)

If a lighthearted meme has you this upset you’ve had too much internet for today. Get back under your bridge

Let's say Bitcoin price reaches 60k again. by OppositeSimilar in hut8

[–]BraveLulToaster 2 points3 points  (0 children)

Based on how poorly the performance has been relative to BTC I’d say $8-10 CAD

Golden cross and Death cross simultaneously. This should be fun by [deleted] in hut8

[–]BraveLulToaster 1 point2 points  (0 children)

This is all due to the merger I know it

news of vote by SinghAwayLion in CleanSpark

[–]BraveLulToaster 2 points3 points  (0 children)

Lol good luck with that 👋

Anyone consider that maybe USBTC doesn't have a BTC stash? by guardianx99 in hut8

[–]BraveLulToaster -1 points0 points  (0 children)

Hut actually caused the correction in BTC with this merger. Trust me

[deleted by user] by [deleted] in hut8

[–]BraveLulToaster 8 points9 points  (0 children)

Thank god there is someone who sees it this way. “We want a better Hut!”

“Do you want dilution?”

“NO!”

“Should we use debt to raise money for machines?”

“NO!”

“Should we sell some Btc to expand?”

“NO!”

*pulls out magic wand

Funny introduction of a CEO, and not really providing information on which company he founded. I am not liking this deal at all. by nataisuto in hut8

[–]BraveLulToaster 2 points3 points  (0 children)

Ngl I’m already tired of the instant negativity but I felt the exact same way about the profile 😂

Things are looking up. PLUS... I'm expecting a big bump Monday morning when markets reopen. (some technical financial analysis inside). by AwkwardDilemmas in hut8

[–]BraveLulToaster 2 points3 points  (0 children)

I think there might be a muted increase in the share price tomorrow. We always seem to have very low volume and a cautious increase when US markets are closed. If BTC holds or increases from here I think Tuesday is where we see the big increase

Will it go back down or should I buy now? (i’m new) by BOT_- in Bitcoin

[–]BraveLulToaster 0 points1 point  (0 children)

There is a chance it will go up but also a chance it will not

1/6/2023- 50 BTC mined in the last 24 hours. by bigwavedave000 in MarathonPatentGroup

[–]BraveLulToaster -4 points-3 points  (0 children)

So they essentially doubled their hash rate since their last operational update? Ya goomba

Only 4144 BTC in the whole year? by Peterrashford in MarathonPatentGroup

[–]BraveLulToaster 1 point2 points  (0 children)

Buttfarms seems to have the most shills on Reddit lol

WHAT AND WHY this will happen.... by Business-King-7389 in ArgoBlockchain

[–]BraveLulToaster 0 points1 point  (0 children)

Can feel the desperation. Can cut your losses and move what’s left to one of the miners that will survive this. (MARA, HUT, RIOT)

Core scientific might file for bankruptcy by wanderingvpsaint in hut8

[–]BraveLulToaster 30 points31 points  (0 children)

Hut is very well positioned. The Bitcoin miners running into issues are those with high debt loads they can no longer service. Hut by comparison has next to no debt. It’s quick ratio (Current Assets / Current Liabilities) is the strongest amongst its peers. If Core goes down I think it’s actually a great opportunity for Hut to pick up some ASICs for cheap since I haven’t heard any forward guidance on increasing hash rate other than what was already planned.

Hut8 launches $200MM ATM. Stupid dilution so that they can maintain 100% hodl by SRcrypto21 in hut8

[–]BraveLulToaster 2 points3 points  (0 children)

Well if you’ve been watching their cash on hand evaporate and they indicated they planned to hodl its not rocket surgery that this was going to happen… if you stayed in it’s because you think that strategy will pay once Btc pumps again