RE:Hive orders another1800 Bitmain minersAlways nice to see news about increasing their hash rate....too bad we have to wait another 2 weeks for the financials however...gotta admit not overly impressed with that...
Looking at the HODL statement....it appears that they are definitely selling their ETC and a pretty healthy amount of their ETH as well...and the BTC holdings are growing nicely...
From the last time they announced their HODL (March 31st value as of April 7th NR)...
March 31st 20,030 ETH and 320 BTC
4 1/2 months approximately later
Aug 13th 25,000 ETH and 875 BTC
nice increase of 555 BTC in that time frame but only approx. 5000 ETH....so pretty obvious they are selling some of what they mine to pay for all the purchase agreements...
But definitely don't mind that at all because by doing so they are NOT taking on debt like the other miners are to increase capacity....
As my brother says....just gotta have PAYtience...LOL
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