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Nealio

01/09/22 2:54 PM

#703 RE: pcjockey #702

I have to say, it is pretty impressive what they have done. Though I don't know the performance of other Bitcoin miners. They have in just a year or two created an infrastructure to produce revenue of $36M dollars a year (based on 900 coins sold, though they produced more in 2021, @ avg Bitcoin price of 40K). That after impressively creating a Micro-Grid Energy system solution, with revenue/customers!
I actually am impressed all over again...though it was a no-brainer to invest around $2. The CEO was very smart to create videos of himself describing the business on YOUtube; that is what got me to buy in...I understand tech, and was impressed with the tech.
I'll be trying to buy-in this year! This is a screaming buy, as long as bitcoin stabilizes...and at some point, it has got to plateau..as the current book value is 8.18!!? Thoughts on that? Is that out of date? Did they sell any of their Energy assets this year?
Appreciate all the info you shared! This is one of the best investments I made in 2020.