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I still wonder why Spencer did not buy 3 to 5 acres of land and build one big metal warehouse to house all those miners and with all that land he still would of had room for expansion if need be. He could of started off small and added more miners as money came in if he was lacking funds.
Now he has to deal with all the hassle of buying 4 more sites of land and building 4 more tin warehouses that are scatter everywhere. That means more workers to hire, permits, electrical crap he has to go through for each new facility.
Does not make since.
S9J miners are cheap if that is what he got! Profit ability: https://www.asicminervalue.com/miners/bitmain/antminer-s9j-14-5th
Right now I do not have a lot of faith in Spencer! Well see!
Those miners Spencer bought a year ago if they are S9 he mention in his press release are obsolete if he did buy these.
New Antminer S19 and S19 Pro 95 Th/s & 110 Th/s. BTC miners are what the big boys are using now!
This is what a mining company really looks like and he talks about the S9:
The Key Phase in that article was:
"For those miners who cannot lower their electricity expenses, upgrading to the most efficient miners is the best strategy for longer-term profitability.”
Will this be profitable? It all depends on the miners that Spencer bought on 08/05/2019, and this August those miners will be one year old since purchase (according to his press release). Are they obsolete now???
In his press release it mentions these types of miners (Bitmain S9J mining rigs), but was it the ones he bought? The Twitter pic box shows "30T A2"on it, so it leaves me guessing.
Miners hash output = wattage burn minus electricity bill = profits or not (do not forget upkeep/labor/Construction cost) Plus bitcoin price is a big factor!
Since the halving, competition is very tight.
If those miners are out of date (just speculating), then Spencer will need to purchase up to date kick-ass miners. His mention “Water-cool system” great, but it does not matter if you have shitty miners.
https://www.otcmarkets.com/stock/BFCH/news/BitFrontier-Capital-Holdings-Inc-Takes-Delivery-of-its-First-Cryptomining-Facility?id=222962
I typed in RSAU at the Finra and nothing came up.
106 Million Volume WOW
I see a rocket ship about to take off!
I jumped in yesterday! I see the light! Will CLNE go to $85 like Chevron or half way since partnering? Maybe Chevron will scooped them up 100%. Big Big things happening here!
With more CLNE clean energy openings across the nation this is a win-win.
Wake me up when Spencer puts out a real official news release. He tweets and all you here after, is "Crickets."
Release the "Kraken"!
Come on ENZC make a pump run, do something crap! News would be great!
Thanks! Only a politician can get away with that it seems.
Uncle Spencer should of put that twitter tweet out last week during the recent run.
Come on News! This ROCKET ship is about to blast off straight to Mars, forget the moon we are going to Mars with this stock baby!
Thank you!
So tells me that no fans were running if they have a pending order from the power company if that was today Jmine.
Lucky you to talk to someone at the site! I wished I were there asking questions but way to far away.
The reply from that guy sounds so positive but the other questions that you ask him and withholding until you talk to Spencer has me worried (if you see him). Plus, you only have $200 in the company and not buying more makes me wonder that the guys answers from the other question you asked him was not positive but maybe borderline.
Good luck to all
What a opportunity to buy these cheap shares! If this baby goes like I think it will, then we can set back at the beach and drink the hell out of those Mai Tia's, after my Vegas Party first!
Any pics?
scooping up those cheap shares, there is only one way for this stock and that is UPWARD!
I wondering what style of Bentley I want to buy?
we are #15 on the Break Out Board!
Your right Johnston it might be a big buy out! Buying more! Vegas party baby!
Bill Gates is getting out his checkbook I bet! He is into that drug treatment thing also! Eyes are probably all over this for a joint venture or sell out!
A company does not make all these moves unless something big is about to happen!
bought another million! News coming!
I will jump back in when it reaches .006/7 again.
BFCH will be pumped again & again until this mine shack is open.
This is pump #2 since I had it and it ran up to the same price about, and then dropped overtime in a few days, pumps come in three's...
Anyway, it made a nice chart cup!
Waiting for this to open has been frustrating as hell. Spencer has been cake walking this Mine Shack for months now, telling us he is trying to save money, he lost money doing this.
For over a year he has been feeding us pictures of the building which was nice to see but then came the famous “Sheetrock man” and everyone was wondering WTF? One worker?
Then these pics; “old used fans”, “mine rack pic”, Telesis “Sharring” ad and finally they posted the “FOX NEWS TELESIS AD” schedule on twitter and then it happen pure “SILENCE”!
We are all here left in this dark empty space wondering WTF is going on, “Hello wake up Spencer”!
Some people invested 1000’s into Spencer pipe dream and Spencer response to you/us is “Silence”.
Who is really in Charge???
Is Spencer waiting for the go ahead from buddy Jeffery to give us more pictures! All I have to say to Spencer is get your shit together, you are screwing hard working people!!
Funny this COV-19 (Chinese Virus) pump bullshit will suddenly disappear after the election and life will go on as it was never happened. ( I HATE POLITICS).
Spencer ate the "Kraken" for dinner it seems.
Release the "Squid", maybe that will work now for Spencer to react. So simple to put out news like; Hey boys and girls we are alive and kicking and we installed more racks.
Crickets!
OTC board: Dark or Defunct warning sign! Hey Spencer wake up
Now panic selling sets in, just like last time. Good pump and dump. These weak buys @ 0.0128 x 1600 & 800 shows the pumpers wants it to live, to me that is a red flag.
Please go to .25 cents I be happy but without News from Uncle Spencer its going now where but I do like those pumps.
Uptick big buy .. Wow @ .00155 x 450000
Vol: 1 million
Whats up with all these small baby trades?
is Pulaski City up and running or is it shut down still? Open the door and take pics :)
Its always nice to have a cash cow investor. I see some action in march for services too. GPL ventures have their finger into everything:
https://fintel.io/i/gpl-ventures
I see RSAU news under GPL filing "news" tab at the sec link above. The only thing I do not see their sec filling ownership investment for RSAU under their ownership tab.
I wonder if they sold or the ones slowing selling off shares @ .0013 since they are unrestriced.
I am going to load up a lot more. Due for financials. Need some news of life and thats it...
Well if you bought back in when it was .006+ (like I did) then you just double your money! No news and all speculations I see. Pump and then I am afraid it will dump!
it is an OTC stock (PINK) anything can happen!
If Rooshine puts out any good news this will fly upwards.
that would be sweet if the next news was to up list to NASDAQ and the mine shack was open for business.
Well, Uncle Spencer has not excuse now to get his shit together because Blackface VA Governor's State is going to Phase 3 on July 1st.
This should be a $1 now easy
Strong support going up.. Leave those damn 6's that's been haunting us for awhile
I hope so and 9' to follow...
I just saw Stemsation asking for more funding in a second private offering @ Netcapital.com for .05 cents a share, lot cheaper than the stock price on the pinks @.1089. This site is for new startup companies. Giving up more shares off the books and they are trading on the pinks already?
How can this be? Was looking to buy, but this puzzles me.
https://netcapital.com/companies/stemsation