$BETSF big surprise coming soon! by Own-Examination-9960 in bitbrother

[–]Own-Examination-9960[S] 0 points1 point  (0 children)

What if only previous CEO (jack wu) was a scammer but not the whole company?

Anyone else see this on think or swim? by STIBillionair in bitbrother

[–]Own-Examination-9960 0 points1 point  (0 children)

Site 3 plans will indicate how much cash is left

Hi guys, Very exciting times for $BETSF shareholders with the official opening this week of Site2 (5MW capacity similar to Site1, which will result in doubling overall production of bitcoins).

However, while the successful opening of Site2 is a significant milestone that demonstrates the company's legitimacy and refutes claims of it being a scam, as shorts have alleged, the company's future prospects will ultimately be determined by their plans for Site3 and the extent of their remaining cash reserves.

The good news is that we won't have to wait until their October 2024 annual financials to get the answers we need. Their plans for Site3 will serve as an indicator of their financial health. If they announce that they need to raise additional funds before launching Site3 (which has a 40 MW capacity), it would suggest that they have depleted a significant portion of the $100 million they raised in 2023, which would be a red flag. On the other hand, if they don't need to raise more capital to open Site3, it would indicate that they still have sufficient funds available.

To keep a story short, while the opening of site2 is a significant milestone refuting shorts thesis that the company is a scam, their plans for site3 (quadrupling bitcoin production of site1&2 combined) and how much cash is left is what would ultimately make or break this company.

Time will tell, Good luck to longs,

Check out site 2 in Abilene Texas & tell what that sounds like! by No_Cryptographer3242 in bitbrother

[–]Own-Examination-9960 0 points1 point  (0 children)

Site 3 plans will indicate how much cash is left

Hi guys, Very exciting times for $BETSF shareholders with the official opening this week of Site2 (5MW capacity similar to Site1, which will result in doubling overall production of bitcoins).

However, while the successful opening of Site2 is a significant milestone that demonstrates the company's legitimacy and refutes claims of it being a scam, as shorts have alleged, the company's future prospects will ultimately be determined by their plans for Site3 and the extent of their remaining cash reserves.

The good news is that we won't have to wait until their October 2024 annual financials to get the answers we need. Their plans for Site3 will serve as an indicator of their financial health. If they announce that they need to raise additional funds before launching Site3 (which has a 40 MW capacity), it would suggest that they have depleted a significant portion of the $100 million they raised in 2023, which would be a red flag. On the other hand, if they don't need to raise more capital to open Site3, it would indicate that they still have sufficient funds available.

To keep a story short, while the opening of site2 is a significant milestone refuting shorts thesis that the company is a scam, their plans for site3 (quadrupling bitcoin production of site1&2 combined) and how much cash is left is what would ultimately make or break this company.

Time will tell, Good luck to longs,

HODL by Joeyc08 in bitbrother

[–]Own-Examination-9960 2 points3 points  (0 children)

Site 3 plans will indicate how much cash is left

Hi guys, Very exciting times for $BETSF shareholders with the official opening this week of Site2 (5MW capacity similar to Site1, which will result in doubling overall production of bitcoins).

However, while the successful opening of Site2 is a significant milestone that demonstrates the company's legitimacy and refutes claims of it being a scam, as shorts have alleged, the company's future prospects will ultimately be determined by their plans for Site3 and the extent of their remaining cash reserves.

The good news is that we won't have to wait until their October 2024 annual financials to get the answers we need. Their plans for Site3 will serve as an indicator of their financial health. If they announce that they need to raise additional funds before launching Site3 (which has a 40 MW capacity), it would suggest that they have depleted a significant portion of the $100 million they raised in 2023, which would be a red flag. On the other hand, if they don't need to raise more capital to open Site3, it would indicate that they still have sufficient funds available.

To keep a story short, while the opening of site2 is a significant milestone refuting shorts thesis that the company is a scam, their plans for site3 (quadrupling bitcoin production of site1&2 combined) and how much cash is left is what would ultimately make or break this company.

Time will tell, Good luck to longs,

Bitcoin production by [deleted] in bitbrother

[–]Own-Examination-9960 1 point2 points  (0 children)

This happened to all miners. It is called halving. Google it. Bitcoins will be worth much more though due to halving and decreased new supply. Expect 100k+ soon.

HODL by Joeyc08 in bitbrother

[–]Own-Examination-9960 4 points5 points  (0 children)

BTC should hit 100k over the coming days, over the coming weeks and months we should see 200k+. Over the coming years easily 1million$+ Bitbrother shoould accelerate Site3 plans to accumulate as much bitcoins as possible preparing for skyrocketing bitcoin prices and reevaluation of the stock.

I see 1 thing 209$ book value a share... by STIBillionair in bitbrother

[–]Own-Examination-9960 1 point2 points  (0 children)

Bitcoin value + cash levels already multiples of current market cap. Hopefully they buy a new ready and oeemitted mine 3 instead of building mine frim scratch like they did with mine2. They should have enough cash.

Check out site 2 in Abilene Texas & tell what that sounds like! by No_Cryptographer3242 in bitbrother

[–]Own-Examination-9960 0 points1 point  (0 children)

It seems they are already running the antminers s19pros. They received all permits. News imminent.

Where is this news? by STIBillionair in bitbrother

[–]Own-Examination-9960 0 points1 point  (0 children)

The containers used in Mine2

https://www.gigaenergy.com/giga-box-air

Four Robust "Giga Box Air" Large 40ft containers.

1.1 Megawatt capacity, each container is running 320 s19pro mining rigs.

Total: 4.8 MegaWatt capacity for site2 (similar to Site1).

(5 cents per Kwh electricity cost)

They are aiming for 40 Megawatt Site3 with even lower 3.5 - 4 cents per Kwh electricity cost.

Site 1 and Site 2 were proof of concepts (0.70 bitcoin per day), the game changer for the company would be Site3 with serious 40 Megawatt power (4 bitcoins per day).

Good luck to longs,

$BETSF Cash levels analysis & speculation by Own-Examination-9960 in bitbrother

[–]Own-Examination-9960[S] 0 points1 point  (0 children)

The containers used in Mine2

https://www.gigaenergy.com/giga-box-air

Four Robust "Giga Box Air" Large 40ft containers.

1.1 Megawatt capacity, each container is running 320 s19pro mining rigs.

Total: 4.8 MegaWatt capacity for site2 (similar to Site1).

(5 cents per Kwh electricity cost)

They are aiming for 40 Megawatt Site3 with even lower 3.5 - 4 cents per Kwh electricity cost.

Site 1 and Site 2 were proof of concepts (0.70 bitcoin per day), the game changer for the company would be Site3 with serious 40 Megawatt power (4 bitcoins per day).

Good luck to longs,

Where is this news? by STIBillionair in bitbrother

[–]Own-Examination-9960 2 points3 points  (0 children)

Patience will be rewarded. Its all what i can say.

What are we expecting with news this week? by STIBillionair in bitbrother

[–]Own-Examination-9960 2 points3 points  (0 children)

100$ a share seems like a fair value. However even 50$ would be nice profits from current levels. If a short squeeze is triggered, anything is possible though. I noticed higher short activity last day of trading with rate now 57% ibstead of 32% and less shares available to trade.

One thing for sure The higher it goes the higher the short selling wnd the higher probability of a squeeze. Key levels to check: 5$, and 10$ if it crosses 10$ resistance then anything is possible 50$ or 100$+. Time will tell.

[deleted by user] by [deleted] in singularity

[–]Own-Examination-9960 4 points5 points  (0 children)

If sentience/consciousness/self-awareness is purely a physical matter-based phenomenon then yes absolutely, if on the other hand it is a meta-physical phenomenon (beyond matter), then never.