RE:RE:Okay wtf?As mentioned previously this is a stock not a ETF or bitcoin wallet. HIVE holds very few bitcoin as most get sold to support operations. The main difference now is the halving event occuring next month. It will be extremely difficult for HIVE to mine bitcoin after this event. Thus your main source of income has been reduced.
Once all 21 million bitcoin have been mined there will be NO more bitcoin to mine. Companies will only be able to make money on the transactions of bitcoin. So far
19,650,275
have been mined. Hopefully HIVE will transition to transaction based revenue. They are already doign this by moving into AI cloud computing support.
Hope this helps explain. GLTA
robert41 wrote: The place to be has been the etf's, I still have some hive but moved to etf's for a bit I'm sure they can't keep up this move....miners will have their day if they can stay in biz after the halving. Pick your horse Cleanspark likely the safest bet.... hopefully hive survives this should be gambling money only.