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Re: lambchops post# 833

Sunday, 06/05/2022 9:56:43 AM

Sunday, June 05, 2022 9:56:43 AM

Post# of 887
Well, there could be news this month if they can close the $400m term sheet.

Not that it matters since everyone else continues to increase their miners, new players also, so the machines they were to buy, will get less of the daily pie.

By the end of 2022 the TH/s hash rate will be almost double the July 2021 rate, when they made those investor decks with 600mw goal, which means to keep up, they would need another $400m to get to 1.2GW.

Point is, they are falling behind. I think they may be giving up on Bitcoin and go for HPC as that is all the mention on Twitter.

I have no shares, likely wont buy again, unless a tremendous dip after the RS.

Their salary has increased from $10k a month in early 2021, to $30k in late 2021, to $50k in 2022.

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