Uodated Top 10 List for BTC miners....!!!This is BUMP up for my followers, & those who wish to know WHICH miners to invest in. I've been absent from this forum& refrained from posting anything due to the enormous amont of uselessclutter & spam from the Class Action ambulance chasers. Which btw SH completely refused to deal with and address the issuefor their members.
I wisht there were OTHER more useful & better managed investment platform where we may discuss these investments BUT unfortunately, it's either a totally broken SH or going to worse places such as Yahoo Fiance or Ceo.ca, which are even worse for free speech & heavily moderated. Soif you think SH is bad, which i do, those other placesare10 times worse.
So as i've said, this is a BUMP UP to the orginal post (link below), a TOP 10 of the best Bitcoin miners post Halving. Aonther reason for this bump, besides giving other new investors a chance to see it, is to make a few chnages & alterations to the rankings. Just some minor stuff because of some events that took place since the list was created.
https://stockhouse.com/companies/bullboard?symbol=hut&postid=35912908
So the first change is moving up Riot from 4th place to number 2. The reason for this is better improved mgmt & Riot prgoressing with their one of their troublesome operations which has been giving them many issues in the past. In addition, Riot willbe increasing their hasrate by 50% in the next few months.
The next change is moving Cipher from the 8th spot to 6th. The reason for this is just some improvements across the board in all areas for Cipher. Atthe same time Hive moves from 6th to 8th due to lack of any progression on the mining side. Though they are one of the most efficient miners and i do like Hive, they are serverly falling behind on the mining front compared to their peers.
The next major change is downgrading Bitfarms from 9th place to 11th due to increased risks of mining outside the US & Canada. Bitfarms is having some serious issues with their operations in South America, just like i thought they would, and compared to it's peers they don't dererve i higher ranking than this. In addition, Bitfarms is now stuck with a massive ATM to raise some much needed capital at probably the worse time to have one. During a sector correction & the Bitcoin price stagnating.
What makesthings worse for BITF, is they don;t have sufficient coins on the BS to liquidate as an alternativeand therefore are stuck with only the ATM in a bad market and diluting massively at VERY low prices. I never truly liked Bitfarms for MANY reasons, like we are witnessing now and never uderstoood why so many Bitcoiners/investors do. Imo, there are just better options than them, MUCH better operations with much less risk.
Lastly, Terawulf moves from 12th spot to 7th because of their debt reduction/repayment efforts and them increasing their operational hashrate. So they to, are making good progress on all fronts. The only issues i have with Tera is the fact they don't hold any Bitcoins on the BS and their operations in NY.
So the new rankings should look like this.
1 - CleanSpark
2 - Riot
3 - Hut
4 - Marathon
5 - Core Scientific
6 - Cipher
7- TeraWulf
8 - Hive
9 - Iren/Iris
10 - BitDeer
11 - Bitfarms
12 - Applied Digital
Also please don't forget to check out the miners to "AVOID" for post halving. This is just as important as investing in the best miners. Probably more so to avoid nasty surprises & taking massive losses. For those interested, that list of "miners to avoid" is in the orginal post in the link provided above. There's quite a few bad miners on that list, so make sure you're NOT invested in ANY of them post halving. Because most if not all, will either go BK or disappear from the space alltogether. Good luck folks..........
GLTA