RE:RE:RE:RE:RE:Did nobody clue in on the Deception about Miners?green_dog wrote: masfortuna wrote: If any cash is to be made mining, I would say that I would prefer 7.5% of a company that has 11000 rigs than 1000 rigs alone.
Mas
Then I would say that you need to redo your mathematics. 7.5% of 11000 rigs is 825 rigs, which is fewer than "1000 alone".
Exactly what I was thinking too, ended up with less rigs. I see incompentent management, you raise money, order rigs, move locations and then only set up 10% before deciding it's maybe not a good idea. What happened to all the making $25m/yr, profitable over $800 etc etc. Was a great pump and dump when the crypto universe was exploding and now we see the fallout.