💯 true! As The #Bitcoin mining sector could use more voices.

Get involved. We all learn from each other.

$CLSK 2Q 24 earnings after the bell Thursday - info below 👇

Been a minute since we've heard news, so a pre-earnings refresh:

In their 2Q (1/1 - 3/31) $CLSK had:
•16.4 EH/s
•HODL of 5021 #BTC    
•produced 2031 #BTC    
------
Since the end of their 2Q, in April…

$WULF investors may have caught this update in the May 2 April Production Update:

8.0 EH/s of installed/operational capacity; Building 4 (35 MW) at Lake Mariner nearing final construction, providing path to 10.0 EH/s by mid-2024

Thanks for the cool pics to back up the words,…

Very nice volume spike and close at the bell for $MARA. Great relative strength and finish here gives bullish optimism into earnings Thursday.

Quick construction update for the $WULF pack 🐺 Miner Building 4 foundation and skeleton complete and loading switchgear in this week! One of the benefits of having 500+ MW of capacity at just one #bitcoin mining site is that you develop a good sense of the process over time and…

$BTDR Bitdeer April Update - 265 #Bitcoin mined on 6.7 EH/s of self-mining. Lots of forward guidance from the company with 2025 earmarked for major growth:

Infrastructure Update
-175MW datacenter in Tydal, Norway expected to be completed in mid-2025.
-221MW datacenter…

Upcoming Earnings Calls - Dates/Times (EST)/Links:
Wednesday, May 1 - $RIOT 8:30am - viavid.webcasts.com/starthere.jsp
Tuesday, May 7 - $CIFR 8:00am - investors.ciphermining.com
-----YOU ARE HERE-----
Wednesday, May 8 - $CORZ 4:30pm - events.q4inc.com/attendee/95467
Thursday, May 9 - $CLSK 4:30pm -…

Some interesting slides from today's $CIFR Cipher Mining presentation:

1. Overall metrics - $96M cash, 2033 BTC - liquidity here & lots of talk on the call re: M&A and looking at acquisitions

2. ~2.7 kWh weighted average w/96% of energy locked in at fixed price. Efficiency…

$CIFR @Cipher Q1 Earnings - EPS Beat & upgraded forward guidance to at least 25.1 EH/s by EOY 2025

Revenue/Earnings:
Adj EPS $0.21 beats $0.01 est.
Q1 2024 GAAP Net Income $40M
Q1 2024 Non-GAAP Adjusted Earnings $63M
Q1 2024 Revenues $48M - Miss $50.752M Estimate

UPGRADED…

Zoom out! Great perspective on upside in the sector using $MARAs 2020 move as an example 👇

#Bitcoin miners are 💯 a cycle play - an asymmetric R/R into this #BTC surge. Expect volatility. There will be multiple +20% drawbacks where sentiment is low.

Find winners and HODLing could mean 5x-10x gains for the patient. Expect the pullbacks. Don't get emotional.

IMO…

Earnings season for #Bitcoin miners - lets keep the momo going:

$IREN IREN releases 3Q FY24 results May 15

$CIFR Cipher Mining drops in the AM (8:00 EST) 👇

#bitcoin     miner investors have had some dark days that tested conviction. Sentiment was piss poor. Bears gloated, openly laughing and calling these companies scams while using buzzwords like 'valuation' and 'hashprice'

One day does not a market make - but today is yours,…

$IREN energy costs/ #BTC dropping as Childress ramps up:

Feb 2024 -> $ 20,158
Mar 2024 -> $ 20,343
April 2024 -> $ 19,569

CEO Daniel Roberts dropped some great info on an X spaces this weekend that may further impact costs - $IREN may potentially replace older rigs…

If you think #bitcoin proxies and derivatives are overbought now, you are going to hate the rest of 2024.

$MSTR going to pump. ETFs going to pump. And most especially - at a multiple - miners are going to pump.

$MARA $CLSK $IREN $WULF $BITF $CIFR $BTBT $MSTR are my holdings…

Most #Bitcoin mining cos have reported their monthly #'s for April 2024 - we have the top-9 reported #BTC production totals:

High volume producers:
🥇 $MARA 850
🥈 $CORZ 803
🥉 $CLSK 721

Mid volume producers:
$RIOT 375
$IREN 358
$WULF 348
$CIFR 296
$BITF 269
$HUT 148