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I've made money investing with Knudson. With CBTC not PCLI.
The rest of it
41 years as the
Manager of construction related companies, with 26 years performing
bookkeeping and accounting services for these companies; and (iv) for
four and one-half years, he has served as CFO for two publicly-held
companies, and as CFO, represented these companies while they were
going through their auditing process in preparation of completing “Reg. A
Tier 2” offerings, where his duties included providing company
bookkeeping, coordinating with outside accountants, securities attorneys
and auditors of these companies
Yes some communication would help. On the plus side CEO is not a dilute scam artist and when this does move its fast.
A mining activity update will help sustain this momentum.
CEO on this ticker gives investors a fair shake IMO.
Surfkast I appreciate what you do steering new and naive investors away from dilute scam artists and companies that have no intention of producing a product or service.
I don't believe that's the case with Xtra Bitcoin or Paul Knudson. IMO the issue is funding and a favorable energy deal. The real estate and integrity of the CEO are a plus.
The overall environment for crypto is not helping. It's out of favor, unpopular and depressed.
From your link:
https://finbold.com/guide/bitcoin-mining-guide/
With various factors affecting the time of mining a single Bitcoin, it is easy to see that one person’s duration will vary from the next by a margin of a few days or weeks to years.
ASIC miners immediately dominated the BTC mining space and have maintained their dominance ever since. If you are looking to join the fray, you will need to invest in, not only a powerful ASIC miner but also an efficient one.
IMO It's all there. Negotiate favorable electricity rates and start mining, This can still be a huge winner.
,
More from Google search:
How long does it take to mine 1 bitcoin?
around 10 minutes
It takes around 10 minutes to mine just one Bitcoin, though this is with ideal hardware and software, which isn't always affordable and only a few users can boast the luxury of. More commonly and reasonably, most users can mine a Bitcoin in 30 days.Sep 1, 2022
Simple google search Bitcoin:
How much does it cost to start mining Bitcoin?
You'll first need to acquire an ASIC miner optimized for Bitcoin, such as one produced by Bitmain or Whatsminer. New ASICs start at about $11,000, though older models can be purchased secondhand for less.
What will Bitcoin be worth in 2030?
Answer: Bitcoin could be worth between $800,000 and $1 million in 10 years based on analysts' predictions. The $1 million price target is anticipated in 2030.
Agreed not much except declining share price. .. ....no reason to squander a good group of shareholders. Find a way to turn on upgraded mining rigs and that will attract investment and trading interest.
Correction: I hope you're....
I hope your wrong about that Surfkast.
CBTC knows how to purchase equipment and mine for profit. Can they raise the money on good terms? Electricity? CEO is in real estate so building out facility shouldn't be a problem.
Now is the time to enter, not leave, the crypto business IMO.
2008-2009 DJIA traded low 6,000's. Today 33,600
Bitcoin all time high $68,789. Now $16,593. At or near capitulation It's trading like there might be one more big shoe to drop.
Still believe we get a fair shake.
Where's the yield sign? Are you referring to audited versus unaudited financial statements and notes? Knudson is truthful.
https://www.otcmarkets.com/stock/CBTC/overview
Regulation A is an exemption from registration under the Securities Act that allows companies to raise
money from the public in securities offerings of up to $75 million. It plans to use this capital to begin implementation
of its business plan to develop bitcoin mining operations.
Am I alone here on shareholder island?
Core Scientific CEO says margins to mine Bitcoin 50 percent.
https://www.cnbc.com/2022/07/18/crypto-miners-moved-over-300-million-of-bitcoin-in-one-day.html
Long-term, Levitt is optimistic because there’s tremendous positive operating leverage in the business. Over certain levels, every dollar increase in the price of bitcoin is 100% operating income to bitcoin miners.
Yes would like everyone that bought to make money. A resurgence and restoration of Terra Luna Classic would help the credibility of crypto as an industry.
Rug pulls should be prosecuted. IMO
That.is correct Surfkast,
Upgrade equipment or negotiate favorable rates.
Equipment is more affordable based on current Bitcoin price. Reg A is active.
Not a scam IMO.
I bought the mansion and the property,,,,,previous owner took all the cars, art, furniture and expensive fixtures.
See value in the mansion and the property. Especially at these prices.
This needs a good developer(reputation restored) and burn strategy,
What the shorts wouldn't or couldn't understand is that DM has grown and evolved into a capable leader and CEO.
Smart ones will flip and go long.
Would not be surprised by a one billion dollar loan from federal government to start manufacturing vehicles.
An affordable Mullen car priced to the working person would be a nice touch IMO.
It's a shame because there's a lot to work with here. .
If they(developers) have enriched themselves, go into the market and buy at these depressed prices and burn large amounts. They would make a fortune and be legendary in the alt coin game. A real legacy.
Better plan than killing it.
Conflict of interest.
Shibburn creates the illusion that supply is decreasing.
A newborn doesn't outlive this ridiculous token structure.
Where is the leadership? Burning 20 trillion a month would be a good start. Then Shiba Inu, over time and with increasing utility, enters the top three.
This is a very popular token with a great investor base. No guarantee it stays that way.
Arrogance in addressing the supply will be its undoing.
By the way I own enough of this to post wtfiw. ..
.
.
Pink Current.....Yield sign gone.
Non violent psychopaths can only keep up the charade for so long. Eventually they reveal themselves.
IF that's whats happening here. CEO and co-founder. might be a victim. .
Where did the bitcoin go? Who got it? How did they get it?
Very nice you as well.
Blackrock increasing commitment means Mullen will manufacture and sell cars and vans. IMO
Hindenburg may not have outright lied but living in the past. This is a new day and market looks forward.
Nice work on the filing as well.
Identity verification or it trades in the off market. Put all the potential rug pull devs together vying for fewer fish.
Can you imagine a Fortune 500 CEO going by "Fonzie" or "Hot Blond 22.?" Its ridiculous.
I'll sell when I'm ready.....this needs to be flushed out one way or the other. Enough of the slow and now fast walk down.
Yes it adds up I was just to dumb to see it. Mindset being we deserve it for being greedy.
They're greedy I paid for mine.
Yes and if they want to remain unknown burn 500 trillion and let this run.
We have at least a million owners of this token .If anonymous developers have been dumping trillions of free coins while promoting Shiba Inu I hope they go to prison and rot in hell.
Standing eight count....Crypto trades 24/7 throughout the world. Who's jurisdiction? Not the Fed. We had a crypto winter in 2017 when Bitcoin was trading between six and eight thousand. No knock out then no knock out now.
Some legislative oversight is good IMO. Stop abusive developers and rug pulls.
The wording in the CB filing creates fear and doubt. For me, the appeal of alt coins is an alternative to a usury banking system.
This is an all out assault to ruin this industry and show who is in charge of money.
:"Welcome to the jungle it gets worse here everyday." GNR
Bought some more yesterday and keeping some powder dry in the event we add a zero. Usually don't average down as the concern is throwing good money after bad.
Burns are up overnight yet still not meaningful given supply. Need a shock and awe burn.
Thank You
Can Shiba Inu be mined? From Ethereum? A post on ST mentioned this.
Believe its disinformation but wanted to check if anyone else heard this?
Very disappointed if true..