Green Block Mining Corp. LGLOF

HUT commenting about the Chinese Exodus

[Magnum2]

and how it will boost their North Ametrican output, we should benefit also...

Bitcoin Network Difficulty Update

As recently reported, with the exodus of bitcoin network hashrate from China, latest estimates suggest a sharp reduction in network difficulty on July 2, 2021, in the range of 24% to 26%. While early in the transition, it is anticipated that the reduction in network difficulty will increase Hut 8's current average self-mined production by approximately 2 Bitcoin, from 6.5 {ᄘ –} 7.5 Bitcoin per day, to 8.5 {ᄿ –} 9.5 Bitcoin per day, without any direct corresponding costs. After giving effect to (i) the announced hash rate expansion above (2.5 E/H plus 1600 Gigahash, expected to be in place by the end of 2021) and (ii) the anticipated reduction in network difficulty, all else being equal, Hut 8 estimates that its average daily self-mined Bitcoin will increase to 20 {኱ –} 22 Bitcoin per day.

[LoneStar1]

LNK is ideally positioned to profit from the Chinese exodus.  I expect we will meet our year end goals and then some.  I don't usually make SP predictions but come back on December 31 and check out this post.  Once the market catches on to what we have, our SP will leave the sub 1.00 in a hurry.  This should be a fun 6 month ride.

[chesterchew1234]

AGM July 22 10 am. For all those who don't like what's happening. Newbieforever here's your chance to tell Stephen to his face. Chkns#$t.