RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Nasdaq listing I know hive has GPUs, i think in Europe. Not sure when, but i read they bought alot of asics too, for etheruem and all of their BTC miners of course . But your right, their asics can only mine the coin the are built for. I think the last few hype pumps for hive are on its horizon, maybe this release coming, Q1 2021 and decent pump sept to dec for sure, their august report should be decent too, but etheruem difficuly also skyrocketed so, maybe not as great as hive people expect. but see mara, bitf and hut are are going hard right now, probaby some big news events coming out on them over the next year, bitf and mara are in a ording war for miners. riot and hive i think are hanging in by the end of this year. Hive yea, i think hive will do alright, maybe $9 at the peak? but like bitf and hut, NASDAQ, increasing hashrate, building facilites, btc bullrun continuation to 1$00K, $50+ share price for these guys at the peak? right? no?
Yea bitf is moving very slick, just growing and growing, chillin in the nest and once its big enough. like a grown cobra.
We all just got to watch the bitcoin thing, dominance is growing in the short term, reserves on exchanages is volatile but still revese trending down last few weeks according to crpyoquant. I dont know, its stuck in this $30-40k rage and it wont brake in etheir direction, everyones looking at it, GLOBALLY. Everyone is tripping, just try to gauge its next move. BUT you gotta think, inflation at 5% is a conservative estimate? its really like 12%. Like everyone needs to be buying Bitcoin right now, but the world is confused. Buy bitcoin, its just that simple lol, support crypto infrastucture right now, these governments robbed us for years. 2%, 12%, 1% . who cares how much, its still a tax. house prices are insane, how does a college grad ever move out in 2021?, you have to work a job for 8 years just to save for a downpayment. this is nuts, North America was never this bad ever in history. I want crypto baby!!!! I love dis sh!t LOL BUY CRYPTO BABY!!!!
mjt2020 wrote: I could be wrong, but I'm fairly sure that ASIC based hardware is basically optimized to mine one thing (i.e. Ether). So, if HIVE is heavily invested in ASIC mining hardware, I don't know that they can change it to mine bitcoin or other cryptos without quite a bit of investment. To survive long term they are going to have to re-make themselves which will mean going back to investors for money, etc. If they move into bitcoin mining, they'll also be playing catch-up versus companies like BITF and HUT.
I definitely agree that a lot of the speculative coins are going to go away when the hype settles and crypto in general is hit with more regulation.
I think HUT has a little more coins than that... 3566 is the last number I saw but I will double check. BITF is definitely quickly catching up and will soon be mining more than that in a single year, also with lower cost.