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Thanks ChuckBits. Appreciate seeing you here from the

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Statement of Beneficial Ownership (sc 13d) Edgar (US Regulatory) - 9/23/2021 7:24:33 AM
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Good Works Acquisition Corp. and Cipher Mining Announce Closing of Business Combination; Cipher Mining to Trade on Nasdaq Under Ticker Symbols "CIFR" and "CIFRW" GlobeNewswire Inc. - 8/27/2021 12:05:00 PM
KE Holdings among financial gainers, SelectQuote leads losers Seeking Alpha - 8/26/2021 1:23:40 PM
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Good Works Acquisition Corp. and Cipher Mining Announce Shareholder Approval of the Business Combination PR Newswire (US) - 8/25/2021 1:36:00 PM
Quarterly Report (10-q) Edgar (US Regulatory) - 8/10/2021 4:38:43 PM
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Good Works Acquisition Corp. and Cipher Mining Technologies Inc. Announce Registration Statement in Connection with their Proposed Business Combination has been Declared Effective and the Special Meeting Date to Vote for Proposed Business Combination is... PR Newswire (US) - 8/3/2021 8:00:00 AM
Prospectus Filed Pursuant to Rule 424(b)(3) (424b3) Edgar (US Regulatory) - 8/2/2021 4:37:42 PM
Registration Statement for Securities to Be Issued in Business Combination Transactions (s-4/a) Edgar (US Regulatory) - 7/26/2021 5:07:23 PM
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Filing of Certain Prospectuses and Communications in Connection With Business Combination Transactions (425) Edgar (US Regulatory) - 7/12/2021 8:41:38 AM
Good Works Acquisition Corp. Files Amended Registration Statement on Form S-4 in Connection With Its Proposed Acquisition of ... PR Newswire (US) - 7/12/2021 8:00:00 AM
Statement of Ownership (sc 13g) Edgar (US Regulatory) - 7/12/2021 6:04:37 AM
Registration Statement for Securities to Be Issued in Business Combination Transactions (s-4/a) Edgar (US Regulatory) - 7/9/2021 5:12:45 PM
Amended Quarterly Report (10-q/a) Edgar (US Regulatory) - 6/14/2021 4:54:12 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 6/14/2021 4:25:16 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 5/19/2021 9:04:16 AM
Filing of Certain Prospectuses and Communications in Connection With Business Combination Transactions (425) Edgar (US Regulatory) - 5/19/2021 9:02:50 AM
77Port   Wednesday, 03/10/21 09:34:19 PM
Re: ChuckBits post# 32
Post # of 47 
Thanks ChuckBits. Appreciate seeing you here from the Hive board. And yes, it's interesting how mining is the term used for bitcoin and Frank Holmes was a gold guy before he became Hive's CEO. This blockchain thing is bigger than we yet know. If it works, the world will be different afterward. I've got a few examples running through my head, but the one that jumps up first is the model of GPS satellites. There is global cooperation there, but not trust. While it's not the world's financial network which has complexities GPS can't compete with, it's nonetheless a tech which has changed the world. Blockchain will be GPS x 1000, or more.

Since you've given an example using warrants, let me continue with my figuring them out. I understand the leverage part. And using your example, I've worked this through in my head a few times and come up with a variety of answers. If it's not too much to ask, and because visual understanding is always helpful, can you break down the math to what you wrote here:

"Using yesterday's PPS's, I calculated the potential gain for GWAC vs GWACW. I used $5,000 for an investment example. If GWAC at $15, you would gain an extra $300 with warrants. IMO, not worth it due to extra risk, work, etc.
At a PPS of $30, the additional profit gain for the warrants would be $22.9 thousand.
"

And since we've discussed wine on the Hive board, I can now look at GWAC and see it as the Good Wine Acquisition Corp. In fact, vineyards being tough businesses, no doubt there will be wine SPACs on the horizon.

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