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Interesting article but it is basically a lot of hype and virtually no substance. And not relevant to this forum.
The time line is interesting; four years from the initial decision to the point that the paperwork is authorized. And all for a "non-power" reactor to be used for research only.
Unfortunately there is no mention of anything in that article that can actually be invested in. Unless Natura Energy decides to go public, someday.
And obviously it has absolutely nothing to do with Lightbridge or its innovative fuel rods that can be retrofitted into the current operating fleet of 90+ reactors in the United States.
I read the article anyway because I am interested in virtually everything to do with nuclear energy, because it is the only way to meet our future energy needs without using more fossil fuels. If we don't have solutions in place by 2030 then the USA will be in big trouble.
All just my opinion...
From my understanding the Trisco fuel addresses the nuclear waste disposal problem because the fuel is encapsulated in a ceramic sphere and is therefore much easier to handle and store for disposal. The spheres reside inside a long tube holding multiple spheres. They may require a specialized configuration of the reactor which would require shutting down a current reactor for the upgrade. Or else a new reactor design which would cost Billion$ and take years to get the permits and build.
The Lightbridge fuel rods will fit in the current reactor fleet at about 90 sites, with minimal design changes and generate about 30% more power, at a substantially lower temperature, and last about a year longer in operation. The rods can also be produced using some nuclear waste with no reduction in performance.That would generate about 30% more profit for the utilities, which amounts to about $100 Million more profit for the required 3-year refueling cycle.
My explanation is based on my reading and might be slightly off the mark. So do your own due diligence. I have been a long term holder of Lightbridge shares but do not currently own any. However I would like to buy it again if (and when) the nuclear industry starts moving in a positive direction. As an investor and a fan of nuclear energy I currently own a large position in NuScale Power (SMR) and am looking into Oklo (OKLO). The emerging A.I. industry requires large data centers that will consume massive amounts of power and Nuclear Energy seems to be the only way to get there.
Good Luck to All Longs.
Applied has issued and sold a Convertible Debenture to finance their data center expansion.
Historically Convertible Debentures are usually the death knell of any company that issues them.
However, it might work out for Applied because the movement to Artificial Intelligence Data Centers is driving the market lately.
CNBC: Small nuclear reactors could power the future — the challenge is building the first one in the U.S.
https://www.cnbc.com/2024/09/07/how-small-modular-reactors-could-expand-nuclear-power-in-the-us.html
Dominion is currently evaluating whether it makes sense to build a small modular reactor at its North Anna nuclear station in Louisa County, Virginia, northwest of Richmond. The utility’s service area includes the largest data center market in the world in Loudoun County, less than 100 miles north of the plant.
Electricity demand from these computer server warehouses is expected to surge because artificial intelligence consumes more energy. In the case of Dominion, the peak power demand from data centers is forecast to more than double to 6.4 gigawatts by 2030 and quadruple to 13.4 gigawatts in 2038.
Dominion asked SMR technology companies in July to submit proposals evaluating the feasibility of developing a small reactor at North Anna. Carr said interest in the proposal process has been high. The utility is currently working with vendors to make sure they understand Dominion’s needs and to figure out which technology might be suitable, Carr said.
aBeezlee, Buying naked Call options is risky because they can expire worthless and you lose the money you paid for them.
On the other hand, selling covered Call options against stock you own is very safe, assuming you set the exercise price higher than your cost basis. Selling Call options is a way to generate cash income without selling the stock.
First, you get paid in cash when you sell the option, which temporarily encumbers the stock. You can not sell your stock while the option is in effect. If the option finishes "in the money" the option gets exercised and your stock gets sold, hopefully, at a profit but that depends if you set the exercise price correctly. Also, if the option price drops you can buy back what you sold to free up your stock, instead of waiting for the option to expire or get exercised.
The Absolute Best Case Scenario is that the stock price never reaches the exercise price and the option expires worthless. Then you are free to sell the option again. Wash, rinse, repeat. Selling Call options that expire is how I have made most of my profit. Occasionally I might get it wrong and my stock gets sold in which case I make a profit on the sale. Then I just wait a week or so, watch the movement of Bitcoin, and end up buying the same stock at a cheaper price, or maybe a comparable stock. Then sell some more options and repeat the process endlessly. I use the cash profit I earn to buy more stock so I can sell even more options; Press the Bet by averaging down, never average up.
I am invested mainly in Bitcoin Miner stocks. The most interesting feature of these stocks is that they follow the price of Bitcoin and also follow the stock market action. That provides more volatility and better opportunity to sell for profit. The VIX indicator shows whether the volatility is higher or lower and the best time to sell. Essentially, I am just "surfing" the volatility in the market, and it is far higher among the Miner stocks than the mainstream market.
It is my goal to hold onto my stocks for substantially higher prices in 2025. So I am very careful to sell the options at a exercise price that wont get reached. Many stocks do not have options traded on them, Some have options that trade on a monthly schedule, and fewer yet have options that trade weekly. I buy the stocks that have weekly options because it gives me more control.
Stock options, Calls and Puts, are a form of derivative. They were invented in the 19th century by Russell Sage with support from J.P. Morgan, who once said "No one ever went broke taking a profit."
Good Luck.
Suggestion: I have 2000 APLD at $5.83. And I am absolutely not going to sell at a loss.
So I sold some $7 Call options out to Jan 17. And I collected about $1100 cash for the premium
If it reaches $7 by Jan17 then the position will get sold and I will make a tidy little profit. And I will be very satisfied.
If not then the Call options will expire worthless and I can sell more Call options in January 2025, make some more cash..
The point being there is a way to play this stock and make some immediate cash without taking a loss, IF you're willing to hold long term.
I make my money by selling covered Call options against my portfolio. .YTD I have made over $24K on a $60K position of all miner stocks.
If you are suffering with a stock in the red why don't you check out this strategy? It just might ease your frustration.
US, Ghanaian firms sign commercial agreement for SMR deployment
30 August 2024
Regnum is a US nuclear technology project developer partnered with private entities including NuScale. NPG was established in 2018 to be the owner and operator of Ghana's first nuclear power plant.
According to the US Department of Energy - which has provided more than USD579 million since 2014 to support the design and licensing of the VOYGR SMR - the two companies plan to form a subsidiary company in the near future to own and operate Africa's first commercial advanced light-water SMR power plant.
US Under Secretary for Arms Control and International Security Bonnie Jenkins observed the signing ceremony. "Signing this agreement will position Ghana as a leader in the deployment of small modular reactors in Africa, catalysing economic development and job creation in the region," she said. "We are excited by the promise of these technologies in building a more sustainable future."
Also present was US Deputy Assistant Secretary for International Cooperation Aleshia Duncan, who said that Ghana and many other African countries are pursuing nuclear energy to achieve their economic development, energy security, and decarbonisation goals. "It's imperative that the United States remain a strong and engaged partner, offering technical expertise and resources to ensure the successful deployment of nuclear energy across the continent," she said.
The agreement builds on existing US-Ghana civil nuclear cooperation, including cooperation under the US Foundational Infrastructure for the Responsible Use of Small Modular Reactor Technology (FIRST) Program that is helping Ghana to establish itself as a SMR Regional Hub and centre of excellence. Agreements were signed earlier this year under the FIRST Program on providing a NuScale Energy Exploration (E2) Center SMR control room simulator in Ghana to serve as a regional training centre for nuclear power technicians and operators and on establishing a welding certification programme, as Ghana looks to establish a skilled nuclear workforce and a regional SMR supply chain.
NuScale's VOYGR module is a pressurised water reactor with all the components for steam generation and heat exchange incorporated into a single unit. A 50 MWe version of the module is the first - and so far the only - SMR design to have received approval from the US Nuclear Regulatory Commission. The company is seeking regulatory approval for a 77 MWe version.
A project to build the first NuScale SMR units at a site near Idaho Falls in the USA had been pencilled in for operation by 2029 but was cancelled in late 2023, but the company is working with governments and organisations in various countries around the world to bring its technology to the global market.
Researched and written by World Nuclear News
https://world-nuclear-news.org/Articles/US,-Ghanaian-firms-sign-commercial-agreement-for-S
Ghana Moves Forward With NuScale for SMR; Continues Large Reactor Talks
Nuclear Power Ghana has entered into a two-year framework agreement with US developer and financier Regnum Technology Group to cooperate on a pilot power plant using NuScale’s small modular reactor (SMR) technology “in an industrial enclave,” Nuclear Power Ghana Executive Director Stephen Yamoah told Energy Intelligence. Top US and Ghanaian energy officials attended the signing of the framework agreement on Aug. 29 at the US-Africa Nuclear Energy Summit in Nairobi. Yamoah said that next steps involve discussions for a special purpose vehicle (SPV) with Regnum, after which the SPV would negotiate a commercial agreement with NuScale. “The next two years will define the progress of the agreement with Regnum and whether the goals can be met,” he said.
While Accra is no longer engaging with other SMR vendors — it was previously also considering China National Nuclear Corp.'s ACP100 and Korea Hydro and Nuclear Power’s i-SMR — talks are ongoing with large reactor vendors for an initial 1 gigawatt plant by 2034, with CNNC's HPR1000, EDF's EPR1200, Korea Electric Power Co.'s APR1400 and Rosatom's VVER-1000 under consideration.
https://www.energyintel.com/00000191-a3a5-d88e-a7fd-abfd1d860000
Ghana signs agreement to build small NuScale nuclear reactor
August 29, 2024
WASHINGTON, Aug 29 (Reuters) - Ghana on Thursday signed an agreement with a U.S. developer for a nuclear reactor using technology from NuScale Power (SMR.N), the U.S. State Department said on Thursday, as the country seeks its first atomic power plant. Nuclear Power Ghana and Regnum Technology Group signed the agreement to deploy a NuScale VOYGR-12 small modular reactor, or SMR, at a U.S.-Africa nuclear energy summit in Nairobi.
SMRs are smaller than today's reactors and can be built in a factory. But there are lingering questions
about whether they will ever be widespread commercially.
WHY IT IS IMPORTANT
The U.S. is looking to promote technologies it considers to be clean energy and sell them to developing countries. The administration of President Joe Biden believes that nuclear energy, which generates power virtually emissions free, is critical in the fight against climate change.
Nuclear power, on the other hand, produces long lasting nuclear waste. NuScale is the only company with a license to build a U.S. SMR. Last year it canceled its only project in the U.S. amid rising costs.
WHO WAS VYING TO SIGN WITH GHANA?
Other contenders for the plant included France's EDF, and China National Nuclear Corporation, an energy ministry official in Ghana said in May. South Korea's Kepco and its subsidiary Korea Hydro Nuclear Power Corporation, as well as Russia's ROSATOM were also competing for the contract expected to span the next decade, the official said at the time.
KEY QUOTE
“Ghana and many other African countries are pursuing nuclear energy to achieve their economic development, energy security, and decarbonization goals," said Aleshia Duncan, deputy assistant secretary for international cooperation at the U.S. Department of Energy. “It’s imperative that the United States remain a strong and engaged partner, offering technical expertise and resources to ensure the successful deployment of nuclear energy across the continent.”
https://www.reuters.com/markets/deals/ghana-signs-agreement-build-small-nuscale-nuclear-reactor-2024-08-29/
TVA puts $150 million toward SMRs as NRC backs quality assurance plan
The Tennessee Valley Authority’s board of directors approved $150 million in additional funding to continue design work and TVA’s plans for small modular reactors at its Clinch River site near Oak Ridge, Tenn. With that decision late last week and an initial $200 million investment announced in early 2022, TVA has put a total of $350 million toward the development of SMRs at the site.
Article: https://www.ans.org/news/article-6339/tva-puts-150-million-toward-smrs-as-nrc-backs-quality-assurance-plan
Shorting a stock like this is an incredibly dumb play.
Your potential for loss would be infinite.
Why don't you just buy a PUT option?
Trash? ... No, I don't agree... It is a bitcoin mining company, a pure play.
And when their Corsicana site is complete they will be the largest in the world.
The report came out last night.
And in my opinion, it looks pretty good.
Zero debt and one of the absolute lowest power costs in the industry.
Yet the share price still falls. Go figure.
To answer your question, You are either a true believer in Bitcoin or you are not.
And anyone who buys stocks should always understand the difference between Investing and Speculating.
Bitcoin Miner stocks are NOT normal stocks and should not be compared to others outside the group. Not only do they follow the stock market averages but they also follow the price of Bitcoin. And that dramatically increases their volatility and makes for better speculative trading.
The Bitcoin Miner stocks have always been a proxy for the price of Bitcoin. They tend to move by a much larger percentage than the price of Bitcoin.
Furthermore, some Miners are HIODL'ing the BTC they produce, whereas other Miners are selling their BTC as soon as they produce it.
The new FASB Accounting rules require the BTC held in treasury to be recorded as a Gain or a Loss based on the BTC price. This is without regard to whether they actually sell the Bitcoin and realize a true Gain or Loss. It would not work this way if they hold Dollars instead of Bitcoin.
The result is that those that HODL do not look so great on paper compared to those who sell. But obviously that will change dramatically if and when Bitcoin makes a run.
The miner stocks with the larger HODL of Bitcoin will routinely get their share price hammered because the new FASB accounting rules that require their BTC to be valued as a LOSS or a GAIN on the balance sheet based on the current BTC price, regardless of whether they actually sell the BTC and realize the loss or gain. If they held dollars in treasury instead of Bitcoin this would not be the case.
So in my opinion, there is a massive mis-understanding of the true value of certain miner stocks. This serves to increase the price volatility of the shares which can be a good thing for trading. In my case I am selling covered call options and making bank every week. But I have to be very careful in pricing what I sell.
So watch out when Bitcoin finally does break to the upside as these miners with the larger HODL will quickly explode upward in share price. The miner stocks have always been a proxy for the price of Bitcoin, with higher percentage gains (or loss) with respect to Bitcoin. This will be fantastic for the Miner Stock Longs. It is just a matter of time.
I hate these new FASB accounting rules because they are knocking down the value of my shares. From my investing experience there is no loss or a gain until you actually sell the asset. So I am wondering what the purpose of these rules are. However I can certainly see the short-term impact on my investment, not good.
"...the new FASB fair value accounting rules for digital assets, which requires Hut 8 to recognize its digital assets at fair value with changes recognized in net income during the reporting period. The price of Bitcoin on March 31, 2024 was $71,289 compared to the price of Bitcoin on June 30, 2024 of $62,668, such that the decrease in Bitcoin price during the quarter resulted in losses on digital assets of $71.8 million. "
From Marathon's most recent press release...
"Revenue for the quarter ended June 30 was $145.1 million, compared with $81.8 million a year earlier"
I realize that revenue is not the same as profit, if that is your concern.
Any financial shortcoming they might have will be solved when Bitcoin reaches $95K per coin, which is the point of upside resistance..
I have been on these investment forums for multiple decades and I know how the game is played. It is all about self-interest. Members post disparaging info, sometimes not true or distorted, to get others to panic and dump their shares in the hope that the share price will fall and the poster can buy up the cheapies. This is why this forum and all the others are basically near worthless for relevant investment information. Everyone should do their own due diligence and NEVER make investment decisions based on what they read here.
There are basically only two ways to manage investments that actually produce positive results, Fundamental Analysis and Technical Analysis, neither of which happen on these forums.
All just my opinion...
DBS: It seems I must have missed "...that disgusting report..." about mgt compensation.
Would you please tell me where you found it. Maybe post a link.
I would like to read it.
What's "crazy" is the lack of content worth reading...
Another contract for NuScale coming from Romania...
Romania's small modular reactor (SMR) project is aiming for 462 MW installed capacity, using NuScale technology with six modules at the former coal plant site at Doice?ti, each with an installed capacity of 77 MW. The SMR project is estimated to create nearly 200 permanent jobs, 1500 construction jobs and 2300 manufacturing and component assembly jobs, as well as facility operation and maintenance jobs over the 60-year life of the facility.
https://world-nuclear-news.org/Articles/RoPower-and-Fluor-Corporation-sign-FEED-2-contract
NuScale bid on building Ghana's first nuclear reactor.
"Why-Everyone-Wants-a-Piece-of-Ghanas-Nuclear-Energy-Sector."
Article from July 16:
https://oilprice.com/Alternative-Energy/Nuclear-Power/Why-Everyone-Wants-a-Piece-of-Ghanas-Nuclear-Energy-Sector.html
Doosan Enerbility to supply SMR parts to NuScale Power
https://www.kedglobal.com/energy/newsView/ked202405260003?gad_source=1&gclid=CjwKCAjw4_K0BhBsEiwAfVVZ_7K_2LNUbtSKPAXgoEfREZVw7W7SEMPRjcs5q29B32OWoVRCnHmEvhoCHWgQAvD_BwE
Why sell the stock at a profit?
Instead sell some out-of-the-money covered Call options against the position.
Then wait for them to expire and sell them again. And hold onto the stock.
The Future of AI Is Nuclear
To meet the massive energy demands of artificial intelligence, the world must get over its fear of nuclear energy, our expert explains.
https://builtin.com/articles/nuclear-power-artificial-intelligence
The Future of AI Is Nuclear
To meet the massive energy demands of artificial intelligence, the world must get over its fear of nuclear energy, our expert explains.
https://builtin.com/articles/nuclear-power-artificial-intelligence
I have been buying Call Options on CORZ as far out in the future as possible and doing quite well.
I bought the $10 Call Option on Wednesday that expires on January 16, 2026 and it is up 86% in 48 hours.
I was so enthused about the performance that I bought the $17 Call Option yesterday and today it is already up 17%, in one day.
And as of today they just added another Exercise Price tier at $20, which is a strong indicator of where the stock price is going.
The options that I have bought have 582 days until expiration. I believe strongly that Bitcoin is going to $100K and higher in the next 18 months. If true, then this should push the CORZ share price above $50 a share, giving me at least a 10X gain.
The higher the share price goes the more Warrants will get exercised producing ever more income to the company. According to the rules agreed to in the Bankruptcy proceeding, the majority of this income has to be used to pay down the debt. So I think that it is a given that over the next 18 months Core should be totally out of debt and very well could be the most productive and profitable mining company.
All just my opinion... Do your own DD.
I still don't understand exactly why Riot wants to buy Bitfams in the first place.
...unless it is to make money on the Bitfarm stock itself. And if they dump their shares then the BITF share price is going to suffer. If you should see the volume of BITF PUT options increase suddenly, then watch out below. In fact, maybe I should buy some PUTS. Since the situation seems to be stalled at 15% ownership then the next logical step might be for Riot to dump their Bitfarm shares.
Furthermore, It is not like Riot needs anything that Bitfarms owns. RIOT has a mining site under construction called Corsicana which, when completed, will have One Giga Watt of power and will be the largest mining site in the world. It seems to me that this is where they should be spending their time and money.
All just my opinion...
I read the article and I still don't believe a "Poison Pill" is worth the paper it is printed on.
You said "...can't..." buy shares and on that point I respectfully disagree. If you said "shouldn't" then I might agree, because of the problem that might result. This ios a Cause and Effect situation and that is all it is.
Now I am NOT saying RIOT should ignore the Poison Pill and go ahead and buy more shares. WHAT I AM SAYING is that words on a piece of paper, as in this so call "poison Pill" have no real power to stop it. In this day and age virtually everything is for sale, for example, when you can get any outcome you want in court by simply giving a Supreme Court Justice a ride on you fancy airplane. Anything is possible where money is involved and there are greedy people controlling the situation.
Furthermore, my shares are my personal property. I can sell them to whom ever I please. There might be a mechanism implemented on the U.S. exchanges that implement the poison pill. But not so in a private sale. There is more than one way to sell anything, should there be The Will, there is always The Way
The article you cited says the following:
"Investors who can't convince a company to drop its poison pill can attempt to persuade shareholders to replace the board."
So what we are really talking about is Voting Power, as in One Share-One Vote. Obviously, RIOT seeks seats on the BOD. In that regard I could give RIOT my voting Proxy for the shares I own. I don't think RIOT necessarily wants to own the shares, per se. Certainly they have better uses for their money.
Finally, I think the point of CAN or CAN NOT buy shares is moot. Because I happen to be well aware of what courts are capable of and what a good lawyer can achieve.
RIOT is requesting two seats on the Bitfarms Board Or Directors.
And I think that is very reasonable.
And if they don't get that accommodation then that is when the "hostile takeover" will start.
IMO, I think this Poison Pill provision is meaningless and born out of fear and weakness.
It is not going to stop RIOT or anyone else from buying shares. How can it?
There won't be a bolt of lightening coming down striking the buyer dead if they do. Physics is not involved. If you have the money to buy on account at an exchange and a working mouse then a click or two and you have bought some shares. How can it stop them?
Of course, this so called "poison pill" might provide a pretext to file a law suit or file a complaint, etc. But in this day an age anyone can sue anyone else for any reason or for absolutely no reason. And court cases can take years to resolve. If RIOT wants to own BITF then they have the resources to pull it off. And then they just absorb the company and the law suit or complaint goes away.
I own substantial stock in both companies. So I am ambivalent to which way this goes. As far as I am concerned, as an investment, RIOT has outperformed BITF. So buying BITF would only improve RIOT as an investment going forward.
All just my opinion...
Obviously, I sold my PUTs a day too soon.
How was I to know today would be the worst market day in over a year.
When things like this happen I always remember what J.P. Morgan once said:
"No one ever when broke taking a profit."
Sold my $21 PUTs for about a 30% gain.
The $23.50 CALLs I sold are still out-of-the-money.
I am lovin' the volatility in MARA.
It has a certain rhythm to it which is somewhat predictable, based on the price of Bitcoin and the general stock market movements.
My $21 PUTS are now up 39%. This move down in share price will not last so I will be out of this position very soon.
As they say, "Pigs get slaughtered..."
I followed your lead and bought five $21 PUTS out to May31
I am already into profit by 8%, which is a good start.
It looks to me that the markets are stalling out, and we shall see some profit taking.
A gigantic move in the stock market last Friday with DOW breaking 40K for the first time.
And Bitcoin had a nice run today, up 6% on the day
IMO, I think everything has gone a little too far too fast and now Over Bought.
We still don't know the effect of the Halving, until the production numbers for May come out in early June.
I wonder why they picked that price. A Million Dollars THIS year?
If you're going to be ridiculous then why hold back.
If Bitcoin goes to $1 Million Dollars this year then a loaf of bread will cost $25 and gas will be $50 a gallon..
"...she COULD well be off to the races...."
So you think Bitcoin is female.
I never thought of it that way. But maybe that explains the lack of decisive direction and the irrational nature of the price movements.
(Just kidding, of course)
Thanks for the tip about Auradine. I was not aware of the connection.
They're a private company seeking private investment. So other than their connection to Marathon I am not particularly interested. But I will check out their products.
In the corporate world desktop computers get replaced on average about every 3 years. But the lifespan of these ASIC miners seems to be measured in a few months.
Seems all of the miners are trying to drastically increase their hash rate at the same time. I see many orders for tens of thousands of virtually the same model. Many Millions of dollars being spent on hardware upgrades. And I am sure those will be replaced in a few months when an even better product is announced. I wonder where all the old ASIC miners go. Surely they don't get scrapped.
Marathon is also into Immersion Cooling. Some miners overclock their machines to get a higher hash rate, which generates a lot of extra heat and shortens the lifespan. And if the data centers happen to be located in Texas or other warm climate then I think liquid cooling will almost be a requirement.
I just read the Nbr of Outstanding shares at 5.1M off the stock page at my broker.
I certainly never suggested this was predictive of any future share count.
Sorry you got that impression from my post.
Why would they do a Reverse Split with only 5.1 million shares outstanding?
It seems like a Forward Split would be more appropriate because it would increase liquidity.
And they just announced a 5 cent profit per share so technically they are profitable unlike most of the other miners.
I owned 40K of this earlier this year but I sold it at a modest profit. It did not seem like it was going to do anything.
And I like to sell Call options against my positions for cash flow. But this one does not have options.
But now that they have a profit for one quarter. That's Big. Maybe I will look a little closer at this one and take a second ride.
Interesting observation.
To the best of my information Marathon does not have any GPUs for mining. They are strictly into ASIC Miners, and they have more than anyone else, except for perhaps Core Scientific. So Marathon is one of a few miners that are not pivoting toward HPC (High Performance Computing) in support of A.I. applications. And until recently they did not own most of their data centers. They opted for co-hosting thru other Data Center companies.
Marathon has the absolute largest HODL of Bitcoin at over 16,000. So they have abundant financial resources to move in any strategic direction they choose.
Currently Nvidia has a strangle hold on the GPU market for HPC for A.I and less so for Mining. Up until late last year Intel was developing a chip for Mining. But they dropped the project with out explanation. And AMD has a new chip for mining that will be released soon. It is supposed to be much more energy efficient that the Nvidia chips. So that will have some impact on the mining biz. It would not surprise me if Marathon started building their own machines optimized for Immersion Cooling.
And finally, Bitdear Technologies Group (BTDR) of Hong Kong, has developed their own chip for mining and will offer it only in completed machines. It is also supposed to be very competitive with regard to energy efficiency. It is just now coming to market.
So Bitcoin Mining, HPC, Artificial Intelligence, and Chip Design all seem to be joined at the hip and closely intertwined in various ways. For me that makes it very interesting for investing. A.I. is certainly Red Hot as an investment segment. And Bitcoin Mining is great for cash and profit generation. And both depend completely on advances in semiconductor chip design.
Good Luck to All Longs.