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Re: KraygB post# 65529

Friday, 04/09/2021 1:20:15 AM

Friday, April 09, 2021 1:20:15 AM

Post# of 75115
If you look at the Q1 report from 2020(page 10/liquidity and financial condition) it says that most miners were shut off because the electricity would cost more than what they could mine. If you then look at Q2 2020(same page/section) it says they didnt come back online till bitcoin hit $8700 in june. Hence why they didn't mine much last year.

Let me tell you though in my opinion the past in this ticker doesnt matter to me. It was overall a bad situation. Now the future is a totally different story. They are setting up $6 million worth of rigs.. even if bitcoin only hits half of what some are predicting, cctl will pumping out crypto for days. I personally am planning on making money with the future here at cctl, not the past. I'm looking towards the future, the only thing that matters here!