RE:RE:RE:RE:RE:RE:RE:RE:100 Days Left...The halving will result in the price of BTC rising dramatically as inefficient miners are forced to capitulate. HUT is one of the more efficient miners out there.
So two things... 1) You have to understand and believe why the price of BTC is going to rise... and 2) you have to believe that HUT is well positioned.
If there is a lack of understanding and belief in either 1 or 2 then there is no sense holding this.
HTH
Moogul wrote: Won't the halving be bad for HUT... unless the price of BTC responds significantly they will get less btc for the same job which equals lower margins. Also their q4 numbers will show a loss due to the revaluation of its BTC inventory from end sept to YE. My isssue with hut is that they have to be profitable when btcjust moves side ways or maybe even a bit down and we have yet to see that. I want positive earnings too... depreciation is a real expense in this business as well as paying interest in all the debt.