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Sorry. Was reading from the IPhone app. The link does not show in the post. I will try again in the browser.
This is the first of 4 videos by Dr. Chris Martinson regarding “The Great Taking”. Worth the listen.
“It”??
I was a little suspect because of price but your recommendation did make me be more cautious. I own some US mint eagles so I had something to compare against. It was obvious before I even took one out of the tube to compare side by side. If I had never owned one I would probably not have known. I was hopeful the content would at least reveal 50% silver. This is definitely an illegal scam. I don’t know how they are allowed to remain in business but the website is still up. Our government is really not interested in protecting us from such fraudsters. With all those 3 letter organizations you would think we wouldn’t even have to put up with spam email or robo calls. They would only have to make an example out of a few bad actors and most of the rest would look elsewhere for their business. Our entire government is likely on the take just looking for the next opportunity to loot the people. WW3 coming up.
Thank you for the advice. It made a difference. Also, I enjoy reading your posts.
BTW - There was no charge for the testing. I think these guys might be earning some of my business.
Since this purchase was completed through PayPal I was able to recover all my funds. I took the coins by a local coin dealer within x-Ray analyzer and the coins had the following makeup:
Copper - 56.7%
Zinc - 24.1%
Ruthenium - 2.9%
Nickel - 14.0%
Silver - 1.02%
Other - 1.28%
Individual coins weighed 30g on my unverified kitchen scale. So they may actually equal a Troy ounce.
I emailed the seller and he tried to offer me $200 as a settlement stating that they made no claim the coins were silver and for collecting only. I declined the offer then they offered $350. I emailed and asked where to return the coins and did not get a response. Obviously they do not want to be bothered with the return. Maybe I have $5 worth of metal. Probably not worth the cost of shipping.
I have some US mint silver eagles. Quick comparison leads me to think the coins from Coin Eagle Fly are poor quality knock offs. There is no way for me to check content. I will have to wait and see what the coin dealer says.
The silver Eagles arrived today. Exactly as ordered. There is a coin dealer within a few miles of my home. I will try to get by within a few days and see if he has the ability to test them. I will post again with the results if he has the necessary test equipment.
I admit I am a bit skeptical. But the total price of $399 including shipping for 20ea 1 oz coins is not going to break me. I really don’t care about the mint as much as the content. Thanks for the advice on getting it checked by a coin dealer. I will post what the results are when/if I get the shipment.
Damn. Red is right. Plenty left. Still a good deal but feeling a little like it was a marketing ploy. “Only 25 left”.
Thanks for the link. I was able to catch the last 20 coins. Wish I had known about that sooner. That was an awesome deal.
In this business is your not growing you are backing up.
Cipher Mining Purchases 7.1 EH/s of New Miners and Option to Purchase an Additional 8.7 EH/s of Latest Generation Miners from Bitmain
https://stocks.apple.com/ARNat-Pg4RyGkTMFeHlxbeQ
With bitcoin surging it would seem the stock price for CIFR would rise as well. I guess the shorts are in control for now.
Cipher Mining Announces November 2023 Operational Update
Dec 4, 2023
https://investors.ciphermining.com/news-releases/news-release-details/cipher-mining-announces-november-2023-operational-update
Key Metrics November 2023*
BTC Mined 433
Power Sales Equivalent BTC 9
BTC Sold 391
BTC Held 558
Deployed Mining Rigs 70,000
Month End Operating Hash Rate (EH/s) 7.2
42 Bitcoin added to holdings. One of the best power contracts in the Bitcoin mining industry. Bitcoin surged past $40K. Blue skies ahead.
Cipher reported a net loss of $.07/share
https://investors.ciphermining.com/news-releases/news-release-details/cipher-mining-provides-third-quarter-2023-business-update
It seems CIFR is one of the most shorted stocks. This should probably be well over $10 now.
https://www.nasdaq.com/market-activity/stocks/cifr/short-interest
https://www.marketwatch.com/tools/screener/short-interest
Cipher Mining Announces Date of Third Quarter 2023 Business Update Conference Call
NEW YORK, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”), a U.S.-based Bitcoin mining company, today announced it will provide a business update and release its third quarter 2023 financial results before U.S. markets open on Wednesday, November 8, 2023. Cipher will host a conference call and webcast that day at 8:00 a.m. Eastern Time.
The live webcast and a webcast replay of the conference call can be accessed from the investor relations section of Cipher’s website
at https://investors.ciphermining.com. To access this conference call by telephone, register here to receive dial-in numbers and a unique PIN to join the call.
About Cipher
Cipher is an emerging technology company focused on the development and operation of bitcoin mining data centers. Cipher is dedicated to expanding and strengthening the Bitcoin network's critical infrastructure. Together with its diversely talented team and strategic partnerships, Cipher aims to be a market leader in bitcoin mining growth and innovation. To learn more about Cipher, please visit https://www.ciphermining.com/.
Cipher Mining Announces September 2023 Operational Update
https://investors.ciphermining.com/news-releases/news-release-details/cipher-mining-announces-september-2023-operational-update
October 2, 2023
NEW YORK, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited
production and operations update for September 2023.
Key Highlights
Key Metrics September 2023*
BTC Mined 416
Power Sales Equivalent BTC1 33
BTC Sold 382
BTC Held 553
Deployed Mining Rigs 70,000
Month End Operating Hash Rate (EH/s) 7.2
*Approximate values
Management Commentary for September
In September, Cipher finalized the buildout of the operations at its Odessa facility and finished the month with the potential to mine up to 16.4 bitcoin2
per day.
“We are delighted to announce that we have completed the final phase of the build-out of the Odessa facility and achieved our Q3 goal of 7.2 EH/s of
bitcoin mining capacity across our portfolio,” said Tyler Page, CEO of Cipher. “We are proud to have delivered solid production in a period that was
characterized by record temperatures and demand, as well as significant periods of curtailment from our power provider. Over the course of the
summer, we were able to improve operations as our team collected and analyzed large amounts of data and made additional changes to optimize the
performance of our mining fleet. We are now fully operating at Odessa with the large majority of our curtailment hours behind us. As in previous
months, we have reported additional monthly power sales as a bitcoin equivalent figure in the table above.”
Cipher Mining’s Rigs at the Odessa Data Center
Bitcoin Production and Operations Updates for September 2023
Cipher finalized the Odessa data center, bringing Cipher’s total deployed rig count to approximately 70,000. Cipher produced ~416 BTC in September,
representing a ~16% increase in production relative to the previous month. As part of its regular treasury management process, Cipher sold ~382 BTC
in September, ending the month with a balance of ~553 BTC.
Shortened version of the press release. Click the link to read the entire article.
“Cipher finished April with the potential to mine approximately 16.2 bitcoin1 per day”
No debt and continuing to add mining capacity. Not to mention they have an amazing 5 year power contract at Odessa.
Cipher Mining Announces April 2023 Operational Update
https://investors.ciphermining.com/news-releases/news-release-details/cipher-mining-announces-april-2023-operational-update
PDF Version
May 1, 2023
Cipher Produces 406 Bitcoin and Achieves New All-Time High Hash Rate Capacity of 6.0 EH/s in April 2023
NEW YORK, May 01, 2023 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”), a leading developer and operator of bitcoin mining data centers, today released its unaudited production and operations update for April 2023.
Key Highlights
Key Metrics April 2023*
BTC Mined 406
BTC Sold 406
BTC Held 427
Deployed Mining Rigs 59,000
Month End Operating Hash Rate (EH/s) 6.0
*Approximate values
Management Commentary
During the month of April, Cipher expanded operations at its Odessa facility while funding both operating expenses and capital expenditures through ongoing operations. Cipher finished April with the potential to mine approximately 16.2 bitcoin1 per day.
“We are delighted to announce we achieved our initial corporate buildout goal of 6 EH/s during the month of April,” said Tyler Page, CEO of Cipher. “We now have over 5 EH/s of self-mining operations at our Odessa facility and approximately 1 EH/s of self-mining operations across our other three sites. In April, we continued to fund our operating expenses as well as our capital expenditures through ongoing operations, without any dilution for shareholders. We now look forward to completing the final phase of Odessa’s buildout this summer and turning our focus to the next stages of growth.”
Odessa Data Center Area A – Final Phase Buildout Location
Odessa Data Center Area A – Final Phase Buildout Location
Bitcoin Production and Operations Updates for April 2023
Cipher energized its remaining new Bitmain and MicroBT miners in April, bringing its total deployed rig count to over 59,000. Cipher produced ~406 BTC in April, representing a ~2% decrease in production relative to the previous month. As part of its regular treasury management process, Cipher sold ~406 BTC in April, ending the month with a balance of ~427 BTC.
About Cipher
Cipher is an emerging technology company focused on the development and operation of bitcoin mining data centers. Cipher is dedicated to expanding and strengthening the Bitcoin network's critical infrastructure. Together with its diversely talented team and strategic partnerships, Cipher aims to be a market leader in bitcoin mining growth and innovation. To learn more about Cipher, please visit https://www.ciphermining.com/.
Forward Looking Statements
This press release contains certain forward-looking statements within the meaning of the federal securities laws of the United States. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Any statements made in this press release that are not statements of historical fact, including statements about our beliefs and expectations regarding our future results of operations and financial position, business strategy, timing and likelihood of success, potential expansion of bitcoin mining data centers, and management plans and objectives, are forward-looking statements and should be evaluated as such. Forward-looking statements include information concerning possible or assumed future results of operations, including descriptions of our business plan and strategies. These forward-looking statements generally are identified by the words “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “seeks,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “strategy,” “future,” “forecasts,” “opportunity,” “predicts,” “potential,” “would,” “will likely result,” “continue,” and similar expressions (including the negative versions of such words or expressions).
These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Cipher and our management, are inherently uncertain. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward looking statements. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: volatility in the price of Cipher’s securities due to a variety of factors, including changes in the competitive and regulated industry in which Cipher operates, variations in performance across competitors, changes in laws and regulations affecting Cipher’s business, and the ability to implement business plans, forecasts, and other expectations and to identify and realize additional opportunities. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of our Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 14, 2023, and in Cipher’s subsequent filings with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Cipher assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.
Contacts:
Investor Contact:
Josh Kane
Head of Investor Relations at Cipher Mining
josh.kane@ciphermining.com
Media Contact:
Ryan Dicovitsky / Kendal Till
Dukas Linden Public Relations
CipherMining@DLPR.com
1 Assumes network hash rate of 343 EH/s and 927 bitcoins mined per day
Starting to look like I am going to be wrong. Probably will drop below $2. Hopefully the next update will contain news that will reverse the downward trend.
We have a nice start to the day. I think we will see $4 before we ever see $2 again.
Could be manipulation or some profit taking after the recent run up but you also have people like Peter Schiff and Warren Buffett recently saying the current Bitcoin run is going to be short lived. They may be right but it continues to climb.
Cipher Mining Provides Fourth Quarter and Full Year 2022 Business Update
March 14 2023 - 07:00AM
GlobeNewswire Inc.
https://ih.advfn.com/stock-market/NASDAQ/cipher-mining-CIFR/stock-news/90497353/cipher-mining-provides-fourth-quarter-and-full-yea
Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”), a leading developer and operator of bitcoin mining data centers, today announced results for its fourth quarter and full year ended December 31, 2022, with an update on its operations and deployment strategy.
“We are pleased to announce financial results that demonstrate our resilient position as a low-cost producer of bitcoin, while we continue our steady march toward the completion of our initial data centers,” said Tyler Page, CEO of Cipher. “As always, our focus is on prudent growth through the cycle, which we can accomplish given the strength of our balance sheet and the significant ramp up at our Odessa facility. As we complete our initial build out at Odessa, we will increase our focus on the tremendous organic growth opportunities we have across our sites, as well as continue to refine our pipeline of potential new projects and new opportunities to drive shareholder value.”
Ed Farrell, CFO of Cipher Mining, said, “We commenced producing revenues in the fourth quarter of 2022 with the energization of our Odessa data center. With the ramp up of Odessa in 2023, we look forward to providing the market with greater detail on our operations, which we believe will illuminate our best-in-class unit economics.”
Finance and Operations Updates
Across four initial data centers, Cipher remains on track to deploy up to ~5.7 EH/s by the end of Q1 2023, with a highly efficient machine fleet, averaging ~31.4 J/TH, purchased at an average price of ~$30.53/TH/s
The weighted average power price at the Company’s current sites is ~2.7 c/kWh
~515 and ~377 bitcoin mined in fiscal year 2022 and the fourth quarter of 2022, respectively
Cipher produced full year 2022 GAAP diluted net loss of $0.16 per share and non-GAAP diluted net loss of $0.26 per share
Recent Developments
Cipher began reporting unaudited monthly production and operations updates in December 2022.
In January 2023, Cipher energized 13,300 new Bitmain and MicroBT miners, representing an increase in hash rate of ~1.4 EH/s and a ~48% increase relative to the previous month. With the increase in hash rate, Cipher produced ~343 bitcoin in January, representing a ~52% increase in production relative to the previous month. At month-end, Cipher reported over 3.3 EH/s of self-mining operations at the Odessa facility and ~4.3 EH/s of self-mining operations across all the sites.
In February 2023, Cipher energized an additional 7,710 new Bitmain and MicroBT miners, representing an increase in hash rate of ~0.9 EH/s and a ~19% increase relative to the previous month. With the increase in hash rate, Cipher produced ~398 bitcoin in February, representing a ~16% increase in production relative to the previous month. At month-end, Cipher reported over 4.2 EH/s of self-mining operations at the Odessa facility and ~5.2 EH/s of self-mining operations across all the sites.
Earnings will be released before the market opens Tuesday, March 14. Analysts are expecting a $.07 loss. I think it is more likely they report positive earnings with the returns from the start up of Odessa.
Mining 15.8 Bitcoin per day.
And they continue to add while increasing their Bitcoin holdings and not taking on debt. Very impressive. Waiting for the earnings announcement to see just what their cost per coin to mine is. Possibly under $5000 per coin due to really good energy contracts. This stock is way undervalued.
Cipher Mining Announces February 2023 Operational Update
https://investors.ciphermining.com/news-releases/news-release-details/cipher-mining-announces-february-2023-operational-update
Mar 1, 2023
Leading Bitcoin Miner Produces 398 Bitcoin and Achieves New All-Time High Hash Rate Capacity of 5.2 EH/s in February 2023
NEW YORK, March 01, 2023 (GLOBE NEWSWIRE) -- Cipher Mining (NASDAQ:CIFR) ("Cipher" or the "Company"), a leading developer and operator of bitcoin mining data centers, today announced its unaudited production and operations update for February 2023.
Key Highlights
Key Metrics February 2023*
BTC Mined 398
BTC Sold 357
BTC Held 465
Deployed Mining Rigs 48,500
Month End Operating Hash Rate (EH/s) 5.2
*Approximate values
Management Commentary
During the month of February, Cipher continued to expand operations at its Odessa facility, fund capital expenditures out of operations and build its bitcoin inventory. Cipher began the month with the potential to mine up to ~13.0 bitcoin in a day and finished with the potential to mine ~15.8 bitcoin1 – a ~21% increase in a single month.
"Our steady march to deploy an initial 6 EH/s continued throughout February," said Tyler Page, CEO of Cipher. "We now have over 4.2 EH/s of self-mining operations at our Odessa facility and approximately 5.2 EH/s of self-mining operations across all of our sites. Furthermore, we managed to build our bitcoin inventory during the month while simultaneously paying operating expenses and covering significant capital expenditures at Odessa out of our monthly production. Our flexibility to pay for expansion while avoiding equity dilution and costly debt demonstrates the true power of being a low-cost producer."
Odessa Data Center Staging Area
Odessa Data Center Staging Area
Energized 7,710 Bitcoin Miners at Odessa in February 2023
Energized 7,710 Bitcoin Miners at Odessa in February 2023
Odessa Data Center Area B & C
Odessa Data Center Area B & C
Bitcoin Production and Operations Updates for February 2023
During the month of February, Cipher energized 7,710 new Bitmain and MicroBT miners, representing an increase in hash rate of ~0.9 EH/s and a ~19% increase relative to the previous month. With the increase in hash rate, Cipher produced ~398 BTC in February, representing a ~16% increase in production relative to the previous month. As part of its regular treasury management process, Cipher sold ~357 BTC in February, ending the month with a balance of ~465 BTC.
About Cipher
Cipher is an emerging technology company focused on the development and operation of bitcoin mining data centers in the United States. Cipher is dedicated to expanding and strengthening the Bitcoin network's critical infrastructure. Together with its diversely talented team and strategic partnerships, Cipher aims to be a market leader in bitcoin mining growth and innovation. To learn more about Cipher, please visit https://www.ciphermining.com/.
Forward Looking Statements
This press release contains certain forward-looking statements within the meaning of the federal securities laws of the United States. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Any statements made in this press release that are not statements of historical fact, including statements about our beliefs and expectations regarding our performance, strategy, expansion plans, future operations, future operating results, projected costs, prospects, plans, and objectives of our management, are forward-looking statements and should be evaluated as such. Forward-looking statements include information concerning possible or assumed future results of operations, including descriptions of our business plan and strategies. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "forecast," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions (including the negative versions of such words or expressions).
These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Cipher and our management, are inherently uncertain. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward looking statements. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: volatility in the price of Cipher's securities due to a variety of factors, including changes in the competitive and regulated industry in which Cipher operates, variations in performance across competitors, changes in laws and regulations affecting Cipher's business, and the ability to implement business plans, forecasts, and other expectations and to identify and realize additional opportunities. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the "Risk Factors" section of our Annual Report on Form 10-K filed with the Securities and Exchange Commission ("SEC") on March 4, 2022, the "Risk Factors" sections of our Quarterly Report on Form 10-Q filed with the SEC on May 10, 2022 and on November 14, 2022, and in Cipher's subsequent filings with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Cipher assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.
——————————
1 Assumes network hash rate of 297 EH/s and 910 bitcoins mined per day
New video from Talkin’ Investing.
YouTube Link
I think this is starting to get some attention.
I just saw a FCE commercial while watching Kelly Grammer’s Historic Battles on Fox Business. How long have these been running?
Finally.
https://finance.yahoo.com/news/cipher-mining-commences-bitcoin-mining-210500780.html
Cipher Mining Commences Bitcoin Mining at Odessa Data Center
Cipher Mining Inc.
Tue, November 29, 2022 at 3:05 PM
Marks Critical Step at Texas Site
All Four Data Centers Positioned to Produce up to ~7.0 EH/s at an Average Power Price of ~2.7 c/kWh by Early 2023
NEW YORK, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Cipher Mining, Inc. (Nasdaq: CIFR) (“Cipher” or the “Company”), a U.S.-based bitcoin mining company, today announced it has commenced bitcoin mining operations at its Odessa data center in Texas.
“We are delighted to announce that our Odessa data center has begun bitcoin mining operations just 10 months after we broke ground at the site. The start of mining at Odessa represents a critical step in Cipher’s journey to become a market leader in the U.S. bitcoin mining industry. Since going public in 2021, we have built four data centers in Texas and are now one of the lowest cost producers of bitcoin,” said Tyler Page, CEO. “Because of our long-term, fixed price power contract at Odessa, we also have an advantage that few other bitcoin miners have -- the flexibility to mine bitcoin or resell our power to the market, which can help mitigate the effects of falling bitcoin prices.”
Someone put me on this ticker a few days ago. They have a new facility in Texas with a 10yr contract for power for 2.5cents/kWh. I just need to do more research to see how big this is. I am only messaging from hearsay but apparently there is something to it.
I read all of this and have to wonder if the huge volume was just an institutional holder or several holders just shifting the shares to a different account to correctly reflect how they hold shares on the Russel index. Basically switched their wallet from the left pocket to the right. The shares never left their possession but the volume had to show because of the movement between accounts.
I really don’t understand trading that well. Just trying to make sense of it. Sorry if someone else posted this. I don’t have time to read every message posted.
This guy seems to put the storm that is coming in a clear format. We need to get ready for what is going to happen over the next few months.
Got to get past the music at the start of this. This hedge fund manager sees a very bad outcome for the big pharma vax pushers when the narrative can no longer stand.
https://paine.tv/listen-are-moderna-and-pfizer-the-next-enrons-former-blackrock-hedge-fund-guru-edward-dowd-paints-grim-picture-for-big-pharmas-vax-kings-while-big-insurance-appears-prepped-to-go-to-war-with/
I guess I don’t understand but I thought this Lightwave’s polymer ‘conducted’ photons.
Need to find another platform. YouTube has taken it down. I wish their censorship could be stopped.
Stelara cost $24,000 per 90 mg dose. Some patients are dosed every 4 weeks. I’m not sure where that article got the pricing.