RE:RE:Bac0n posts actual DD yes you have mentioned that. over and over again
what I'm saying is, hive is trying to transition to bitcoin
which is why their expansion plan involved more bitcoin hash rate. Instead of ETH
And when you look at their quarterly profits compare to BItF and HUT it's less revenue. Yet their market cap is WAY higher.. could you explain that? Or are you just going to yell at me too?
scotianbot wrote: That's a Bitcoin hashrate, as I mentioned, Hive has 90% gross margins on Ethereum mining, Hive is correlated more closely to ETH than BTC, but Hive merely gets the best of both worlds.
Hive isn't a one-trick pony, they're diversified...
BasebaIIfury wrote: Bac0n is a pr1ck. No one denies that, but whether you hate the guy or love him. He posts actual DD. He does actual research and shares his conclusions.
most on this board just repeat the same talking points. Or share other peoples DD. So while I wouldn't want to have a beer with Bac0n, his posts from an information perspective are the best quality.
for example, months ago Bac0n said that bitfarms was the most undervalued mining company and HUT a close second. With HIVE being the most overvalued
and well. He is right, look at this tweet from Bitfarms today.
https://twitter.com/bitfarms_io/status/1362462718851227652?s=21
the chart clearly shows the ratio between hashing rate vs market cap.
now keep in mind this tweet is a few days old.. but Bac0n said this months ago.
so he's a pr1ck sure. But why do you all care so much? ... he's speaking facts. just my thoughts