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Noooice I own this and some Altcoins...They are booming hard...Super green today
I got shares and Options on this puppy! Lots of room to run with Bitcoin, and I think Btc makes record highs 2024
Gryphon was going to merger here with any tho fallout and they found (Kern) to merger and go public.
https://podcasts.apple.com/us/podcast/hashrate-happy-hour-podcast/id1674365104?i=1000636912070
Most DD on merger i found on stoctwits
KERN ticker scroll back to Late Nov into Dec
ANY - here we are for $2 - next possible steps 2,40-2,60 soon...
thanks abt KERN - will have a look to that. Gryphon is private Co. not very much visible on their page. Can one compare the mined numbers with the earlier ones of ANY ? Are you aware of more inside about their financials ?
Actually i loaded up on KERN .30’s, RM soon with Gryphon
tks T2, I`m not sure about all costs + tot charges now. E.g. Tipranks -- https://www.tipranks.com/stocks/any/technical-analysis -- I´m not following any internet structures but its just getting another one to view. Still very positive and my outlook, if all works according MM. May see $2 or $5 next 2 Qs. Best
Caught this earlier. Top performing Miners by BETA:
MARA 5.09
RIOT 4.27
CLSK 3.6
HIVE 3.59
BITF 3.12
CAN 2.98
BTCM 2.81
IREN 2.76
HUT 2.95.
I like to diversify, This one is risky imo, I have my main 3 that are sure winners imo, MARA, RIOT, and CLSK, own March call options on all 3, and got some ANY shares and March 2 calls
I hear they did RS recently , anyone able to tell me month so to save me some time going thru all their filings ….tia TT2
Tryn to decide to be All in here or bitf
Chance ANY runs 50x like pps in 21
Sphere 3D Corp. Provides November 2023 Production and Operation Updates
Newsfile Corp.
Newsfile Corp
Toronto, Ontario--(Newsfile Corp. - December 5, 2023) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company is providing results of its Bitcoin mining operation for Nov 2023.
Key Highlights:
71.7 Bitcoin mined in November, up 4% from October and up 596% YoY.
Month-end operating hash rate was 1.3 EH/s, flat from October and up 13X YoY.
Uptime was 86%.
Metrics1 Nov 2022 Oct 2023 Nov 2023
Bitcoin Mined 10.3 69.2 71.7
Bitcoin Sold 4.9 74.3 65.0
Mining Revenue* $0.2 million $2.0 million $2.6 million
Bitcoin Holdings 90.3 11.4 18.1
Deployed Miners ~1,000 ~12,450 ~12,800
Month End Deployed Hash Rate (EH/s) 100 PH/s 1.3 EH/s 1.3 EH/s
*Unaudited
1 - Includes Sphere 3D assets temporarily custodied by Gryphon related to the terminated MSA
CEO Comments
"In November 2023, we mined 71.7 Bitcoin, representing a 596% increase year-over-year and a 4% increase from October 2023," said Patricia Trompeter, CEO of Sphere 3D. "We are seeing consistently higher production due to a reduction in curtailment at our hosting sites. We installed an additional 1,000 miners in November, 350 of which were tested and energized. The remaining miners should come online in December and we should see the results in the coming months. As curtailments continue to improve we should be earning at full capacity. We are looking at various options on the market to maximize earning power and efficiency of our machines."
Core Scientific Update
As previously disclosed by the Company, on October 31, 2022, the Company filed an arbitration request against Core Scientific, Inc. asserting various claims, including breach of contract and conversion. In December 2022, Core Scientific, Inc. and certain of its affiliates (collectively, "Core") filed for Chapter 11 bankruptcy. In connection with the bankruptcy proceeding, Sphere 3D has filed proofs of claim against Core as part of a contested matter (the "Contested Matter"). On May 9, 2023, Core filed objections to Sphere 3D's proofs of claim in the Contested Matter.
On June 9, 2023, Core filed a motion for summary judgment seeking the summary dismissal of Sphere 3D's claims in the Contested Matter. On August 7, 2023, the bankruptcy court held a hearing on the motion for summary judgment in the Contested Matter. On August 9, 2023, the court entered an order denying the motion for summary judgment in the Contested Matter.
On November 21, 2023, also in connection with the bankruptcy proceeding, Core initiated an adversary proceeding (the "Adversary Proceeding") against Sphere 3D and Gryphon Digital Mining, Inc. ("Gryphon") seeking, among other things, damages attributable to purported construction costs associated with building Core's facilities, purported fees owed to Core, and lost profits. On November 25, 2023, Core filed a motion to consolidate the Adversary Proceeding with the Contested Matter and to vacate the trial schedule in the Contested Matter, which Sphere opposed. On December 1, 2023, the bankruptcy court denied Core's motion.
Sphere 3D anticipates that the bankruptcy court will hold a merits hearing in Q1 2024 to resolve its claims in the Contested Matter. The bankruptcy court has yet to enter a schedule in the Adversary Proceeding.
Sphere 3D intends to continue to vigorously prosecute the Contested Matter. Moreover, Sphere 3D disputes the allegations asserted in the Adversary Proceeding and intends to vigorously defend itself.
Gryphon Update
As previously disclosed, on October 6, 2023, Sphere 3D terminated, effective immediately, the Master Services Agreement ("MSA") between Sphere 3D and Gryphon, dated August 10, 2021, as amended on December 29, 2021. The termination of the MSA is expected to result in an additional 22.5% in gross profit.
Gryphon has informed Sphere 3D that it will be remitting outstanding proceeds, less fees and expenses, generated under the MSA that Sphere 3D asserts is currently held by Gryphon on behalf of Sphere 3D. Based on the information available to it, Sphere 3D believes that the proceeds to be remitted are approximately $695,000, before factoring in fees and expenses.
Havening Update
Sphere 3D has anticipated the havening and is preparing accordingly. We are focusing on various alternatives and are considering all options for growth, including but not limited to adding exahash organically, mergers and acquisitions, as well as other options. Sphere 3D is currently focused on strategic opportunities and on maintaining operational efficiency. More to come in the near future!
About Sphere 3D
Sphere 3D Corp. (NASDAQ: ANY) is a net carbon-neutral cryptocurrency miner with more than a decade of proven enterprise data-services expertise. The Company is growing its industrial-scale Bitcoin mining operation through the capital-efficient procurement of next-generation mining equipment and partnering with best-in-class data center operators. Sphere 3D is dedicated to growing shareholder value while honoring its commitment to strict environmental, social, and governance standards. For more information about the Company, please visit Sphere3D.com.
Forward-Looking Statements
This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "should," "experts," "plans," "anticipates," "could," "intends," "target," "project," "contemplates," "believes," "believes," "estimates," "predicts," "potential," or "continue" or the negative of these words or other similar terms or expressions. Expectations and beliefs regarding matters discussed herein may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from the projected. The forward-looking statements contained in this communication are also subject to other risks and uncertainties, including those more fully described in filings with the SEC, including Sphere 3D's reports filed on Form 10-K and Form 8-K and in other filings made by Sphere 3D with the SEC from time to time and available at www.sec.gov. These forward-looking statements are based on current expectations, which are subject to change.
Sphere 3D Contacts
Kurt Kalbfleisch CFO, Sphere 3D
Investor.relations@sphere3d.com
https://images.newsfilecorp.com/files/1705/189814_501cd73b540e884b_logo.jpg
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/189814
SOURCE Sphere 3D Corp.
https://api.newsfilecorp.com/newsinfo/189814/130
https://www.otcmarkets.com/stock/ANY/news/story?e&id=2708836
I loaded last Friday @ 79 and won't sell any share... awaiting all machines running in January.
actual 1,55 a nice move to 1,60 to expect...
If we can break the 1,40 wall it can go straight to 1,60 and $2. But buys thinning out now and MACD flattens... hopefully we can close around 1,40 to hold until the December numbers...
Still glad? LOL, taking off......
And that's because?
Meanwhile another 40% + day with BTC Over 41K ....
Nice recovery. With BTC going over 40k soon, ANY should see new highs soon too. Even $5 is undervalued here imo
ANY Incredibly Oversold Compared to BTC price
Thanks Smoky, I think it looks not too bad. Notice from SPI -- The Quarterly Report on Form 10-Q of SPI Energy Co., Ltd. (the “Company”) could not be filed within the prescribed time period due to the fact that the Company was unable to finalize its financial results without unreasonable expense or effort. As a result, the Company could not solicit and obtain the necessary review of the Form 10-Q in a timely fashion prior to the due date of the report."""
Agree with yours. Additionally there are lots of positive commments with good outlook ( hopefully ) also for $AGRI if anyone take notice . Wait and see what will happen after the Q-10 Nos. )
Great news on sealing the deal with Gryphon! Hoping they invest the saved cash in more miners. Now, let's cross our fingers for a successful resolution with Core – I'm pretty confident, even if it takes a bit.
It's a solid foundation for a long position, and I'm seeing the potential for a 5-800% return next year. Anticipating a positive outcome with Core, which should boost the stock and set it up for a strong start to the new year. If things align, they'll enter the Bitcoin boom with 50,000 debt-free miners.
But to be honest, aside from saving on Gryphon and selling less Bitcoin than they mined, everything else is still not looking great. I want to stay positive, but this stock has a way of testing your optimism
ANY - Thanks everyone for good informations. Looks very nice on a Friday - save over 3 - Foll Buy/Sells nos 373/202 k. well not much but good enaugh on a friday. What about next Q? To 4 or 5 ?
Let's break $3 for a starter...
GO ANY
i am with you homes, making coin
With its ambitious scaling plans, Sphere 3D intended to become one of the biggest bitcoin mining companies available to the general public.
Rally to $1 now! It's coming imo
Does anyone know if Jordan Spring is still involved in this deal?
I believe he’s tied in with Mark Valentine. The same Mark Valentine who had his home shot up and his wife’s car blown up.
???
https://globalnews.ca/news/3630575/forest-hill-toronto-police-investigation/
.50 close CRYPTO is rallying, and heading in right direction
$ANY: and there she goes..... now $0.44
Any surprises ????
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170908264
I don 't think soooooooooooooooo
GO $ANY
1month tonget over $1
Need to break $1 for 10 days...
Finger crossed
$ANY: She boosting here at 0.34
Look at her go...... ready to boost back on up higher
GO $ANY
“Bitcoin block rewards decrease over time. Every 210,000 blocks, or about once every four years, the number of bitcoin received from each block reward is halved to gradually reduce the number of bitcoin entering the space over time. As of 2021, miners receive 6.25 bitcoins each time they mine a new block. The next bitcoin halving is expected to occur in 2024 and will see bitcoin block rewards drop to 3.125 bitcoins per block. As the supply of new bitcoin entering the market gets smaller, it will make buying bitcoin more competitive – assuming demand for bitcoin remains high.“
https://www.coindesk.com/price/bitcoin/
“Bitcoin block rewards decrease over time. Every 210,000 blocks, or about once every four years, the number of bitcoin received from each block reward is halved to gradually reduce the number of bitcoin entering the space over time. As of 2021, miners receive 6.25 bitcoins each time they mine a new block. The next bitcoin halving is expected to occur in 2024 and will see bitcoin block rewards drop to 3.125 bitcoins per block. As the supply of new bitcoin entering the market gets smaller, it will make buying bitcoin more competitive – assuming demand for bitcoin remains high.“
https://www.coindesk.com/price/bitcoin/
Sphere 3D Corp. Restructures Miner Equipment Contract with BitFuFu
Charts look good finances improving
Good news imo “8:32a ET 10/20/2022 - Benzinga
Sphere 3D Corp. Restructures Miner Equipment Contract With BitFuFu
New Contract Applies Prepaid Deposits to Secure Immediate Shipment of 1.7 EH/s of Capacity
Eliminates Purchase Obligations for Miners at Above Current Market Rates
Grows Sphere 3D Mining Fleet Dramatically in 2022
Toronto, Ontario--(Newsfile Corp. - October 20, 2022) - Sphere 3D Corp. (NASDAQ:ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company, has restructured its purchase agreement for 6.0 exahashes/second of capacity or approximately 60,000 S19j Pros, with Fufu Technologies, "BitFuFu".
The restructured contract initially entered into with BitFuFu in September 2021 will apply all deposits paid by Sphere 3D ($106.9 million paid to date) to BitFuFu toward the delivery of approximately 1.7 EH/s of S19j Pros to Sphere 3D during 2022. The restructuring also relieves Sphere 3D from obligations of the old contract requiring the Company to purchase an additional 3.9 EH/s of capacity, approximately 39,000 miners, at rates significantly above current market prices for S19j Pros. The restructuring also eliminates substantial penalties due to BitFuFu from Sphere 3D.
CEO Comments
"The restructuring of this Purchase Agreement with BitFuFu is a win for Sphere 3D. The new contract helps position the company for profitable growth as the cryptocurrency markets strengthen in the future.
"The contract with BitFuFu was signed in late 2021 at the height of the Bitcoin market as a fixed price contract with no allowances for market price adjustments. The price of S19j Pros has since decreased by over 70%. In light of the sharp reduction in the market price of miners, the drop in the price of Bitcoin, and the recent pending advancements in miner technology, it was critical to extricate the Company from this contract.
"The combination of applying 100% of the deposits paid BitFuFu, avoiding significant penalties, and accelerating the shipment of miners has dramatically grown the Company's exahash, preserved the Company's balance sheet, and provided us with significant flexibility and optionality for growth in 2023 and beyond," said Patricia Trompeter, Sphere 3D CEO.
"The right-sizing of the contract provides the Company with an expected additional 1.7 EH/s of capacity in 2022. With the current volatility in the market, and Bitcoin stabilizing in the short term at a lower rate, we believed it prudent to scale back our financial obligation to BitFuFu and push the option of adding EH/s into 2023, as many of our industry colleagues have done," continued Trompeter. "This empowers us with flexibility to explore the latest miner technology, eliminates the need to put expensive debt on our balance sheet, and prevents us from being forced to overpay for miners. It has been a long, but fruitful negotiation. I believe the fourth quarter will be transformational for Sphere 3D."
Sphere 3D entered into a contract with Fufu Technologies in 2021. The Purchase Agreement was for 6.0 EH/s of Bitmain Antminer S19J & Pro Series. Miners started shipping in December 2021 and have been repeatedly delayed due to BitFuFu operational issues. The miners due Sphere 3D in the restructured contract are expected to arrive at the end of November 2022 with anticipated installation in December 2022.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.”
Not looking good indeed
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