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Re: None

Tuesday, 03/30/2021 3:58:58 AM

Tuesday, March 30, 2021 3:58:58 AM

Post# of 12542
UAMA's mining game done!

Land-use debacle a bone-headed move and that sent Woodland packing. They likely breathed a sigh of relief when they terminated the arrangement with UAMA et al and abandoned the processors in place giving UAMA a small if temporary gain.

Halving a big part of what killed UAMA's revenue stream from mining. Read somewhere that halving increased difficulty to mine by 140%.

Guessing that UAMA et al decided to become a landlord to miners and ag customers to sidestep the Quebec Court Order to shut-down the miners. UAMA likely had no choice as they lost the appeal. Arms length relationship with third-party miners likely provides a safe harbor. Leasing or renting space or facilities to ag users likewise may provide some cover.

While that may be all good it means UAMA not a miner any longer and just a landlord. UAMA and complicit posters won't be able to try and associate price of Bitcoin to UAMA's upside.

So UAMA 2020 revenue numbers will be out in a few days and expect the to be much smaller than 2019. Oh, they'll claim they shut down for Covid etc but nevertheless the numbers will be much smaller.