Post by
wideopenthrottl on Jul 05, 2024 2:33pm
any ideas
any ideas why hive us rocking upwards while bitcoin has dropped so much..
Comment by
Traderstock101 on Jul 05, 2024 2:41pm
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Comment by
JackCross on Jul 05, 2024 2:56pm
lol, you base that on evidence there buddy?
Comment by
antisense on Jul 05, 2024 4:28pm
I had mentioned this already in a previous post. These miners will no longer be mining bitcoin but ratehr sell theeir GPU capacity to AI cloud computing. Look at HUT8 which got $150 Million to do this. HIVE is next. Bitcoin isn't profitable anymore but AI computing certainly is!! Watch this shoot up further and GLTA beep boop bleep
Comment by
wideopenthrottl on Jul 06, 2024 12:08am
good thesis...I have never owned hut but they did similar things...I read we have a crp load of chips ready to deploy but awaiting???? ....full disclosure I have sold half my position on this run...will rebuy them if we pb...glta