RE:RE:RE:RE:RE:RE:What is the fate of hive now?anyone that has done any ACTUAL due diligence on the mining companies can see HIVE is at the bottom. thats not bias talking, thats just simple math. I did indepth analysis last year into:
HIVE
HUT
BITF
RIOT
MARA
and from that I identified the lowest value miner and the highest value miner. no surprise..
BITF is the highest value.
HIVE is the lowest value.
HUT, RIOT, MARA all have their virtues and are good in their own right. but BITF is the most undervalued I calculated, and what do you know.. I was right.. also spoiler alert. BITF has alot of runway left.
HIVE is the obvious lagger... for anyone that makes fact based. numbers based decisions.
*sips scotch*
-Bac0n
AlphaJ wrote: Its like last quarter, all these idiots are putting the quarterly reports and comparing them apples to apples. Its just very black and white thinking on this board. And you guys are completely facking up. Like, I've been saying bitf is a gold mine and you guys just keep rehashing your same old arguments. Just completely dumbfounded and why hive is flat and bitf is making new ATHs.. hmmmm?
AlphaJ wrote: Buddy, I've been talking to these guys about Hives growth strategy for 9 months! And still, it has not sunk into anyone's stubburn brains that the company with 80% revenue in a dieing mining industry is a major setback. No defi, staking or any other BS diversification is going to make up 80% in the next 12-18 months. That's impossible, for any business. Btw, anything under $5 CAD in Canada is a penny stock. When I told RetireAt459 that bitf was GROWING 4x hives rate, its like their brains can't comprehend growth, they just see profit, its very sad they're so stupid and have missed a big opportunity with bitf, the latest miner by infrastructure and fastest growing miner in NA ...its a no brainer
Bac0n wrote: the peasants dont understand the basics.
like that growth = profits.
HIVE has poor growth plans, and has the lowest hashrate, they are planning to add 2,000 miners. thats cute, BITF is planning on adding over 50,000.
HIVE has almost 400 million shares outstanding, BITF has 167 million.
HIVE "investors" don't understand basic economic principles, thats why they are staying poor.
"but but.. HIVE IS profitable" ... thats nice, HIVE is literally the ONLY miner without a negative EPS. but guess what.. the market doesnt care. The market wants to see growth plans, which HIVE doesnt have. and that is why it has been the lowest valued miner since january, and continues to be.
*puffs cigar*
-Bac0n
AlphaJ wrote: Who is jealous of the worst performing miner of 2021? Thats like sayingni have a 21' Mercedes and I'm jealous of the guy with the 95' Honda. You realize bitf is now just under hives market cap, I give it three months and bitf will be established as the largest Canadian miner by market cap.
greendaze wrote: We are doomed to remain profitable and being the same brilliant thing of beauty for the foreseeable future . Sadly we will always morons coming here to vent their frustrations , while us longs keep getting richer . We only have two class clowns here but the more profitable we become , the more jealous clowns will appear.