Deeper Network DPR Crypto just had the worst AMA ever on 8/18/22 on Twitter, it is so bad they are holding off on releasing the recording at the moment. If it was not bad enough that the investors are getting there money back starting Sept. 6, 2022 slowing dropping the price but now they have officially killed any incentive to buy DPR to stake for mining. So as...
I have been bullish on Bitcoin for a long time and have posted a ton of charts on here regarding the bilateral trades with Bitcoin miners so this is part of that work. $ARBK , $BTCM , $MARA are the main longs I am in and building positions right now.. the main reason is these mining companies are currently mining under $5,000 per Bitcoin so even if Bitcoin falls...
In comparing to BTC you can see that Ergo is holding it's ground far better at the moment. No coin is without it's history, in the case of Ergo I believe there was a pre-mine but the coin has stood strong among POW coins and is currently one of the most profitable to mine. If you have a rack of 3060ti's there is more money in pool mining ERG right now than...
Back in on this one.. the Risk VS Reward on this is absolutely massive and as always Bitcoin will lead the dance so you have a warning if you need to get out. I am long at $2.70 with a stop loss set to 2.50 which hasn't ever happened in the stocks history but it has been worth $50 before... Again, this is not the best Bitcoin or even crypto mining company to...
Hut 8 Mining Corp. operates as a cryptocurrency mining company in North America. The company engages in industrial scale bitcoin mining operations. It also owns and operates 38 BlockBoxes in Drumheller, Alberta; and 56 BlockBoxes in Medicine Hat, Alberta. The company is headquartered in Toronto, Canada.
#Bitcoin mining is the only proven method for creating a digital asset that is property rather than a security. This makes it the ethical foundation of the #crypto economy.
If you're looking for a long-term investment with a potentially high upside, the CHIA Network (XCH) has been slowly gaining ground in the crypto sphere among a few enthusiasts out there. Originally founded by the creator of BitTorrent, the CHIA Network has an entirely different validation system from Proof-of-Work (PoW) or Proof-of-Stake (PoS) and uses an...
Since the turn of the year, everything has been dropping heavily in the wake of inflation, rates and worries of WWIII. RIOT reached levels it has not seen since late 2020. Comparing to BTC price.
TENT looks to be moving up for Feb. with a price target of 0.0399067265
BINANCEUS:HNTUSD has strong fundamentals and news that continues to shine even during the recent pullback. If today’s Daily candle can close over the 23.6 fib extension then we could see nice price action back to $40 plus range. If you haven’t purchased any $HNT yet I highly recommend looking into their project. Continue to monitor $HNT as they keep releasing new...
The favour of Bitcoin mining companies has been growing together with the increased adoption and recognition of CRYPTOCAP:BTC worldwide. Big whoop. See the accumulation/distribution since the May earnings report. What's interesting here is how tightly it follows the VIX . For the purpose of emphasis on this, the VIX chart at the top is inverted . At the...
$HUT is on a correction atm, and bounced one time exactly on the .618 retrace from the last big low to high. If we see a second confirmation low, and then break out of the supply line, we might have a very decent buying opurtunity on this crypto mining stock! Stay tuned
Chart says it all. Uptrend in RSI Bullish MACD cross. Bounced off strong support. Has an obvious up-trend where it hasn't even gotten close to the upper bounds of the channel. I play em both ways!!!!
MARA is looking slightly overcooked. There is potential to short/buy puts and ride down till it fills the gap up. It could have a further downside but is highly unlikely unless BTC sells off. RSI extremely overbought, MACD in nose bleed territory
Can is a great choice when its come to crypto mining stock.
I have been watching this for some time. It's primed up and ready to rip with decent RSI, MACD crossing on daily. BTC will affect this one , keep that in mind. Thanks for the heads up on this gem @katefinanceyt ;) Give her a follow on Youtube! (NFA DYOR)
You don't see broadening wedges very often, but ANY's chart is a prime example of what a perfect one can be. ANY is setting up for a beautiful run if bitcoin continues to run. ST Target - $15-$20
Once Bitcoin finds it's pivot point longs on BTCM will be back in business - if Bitcoin can recapture 45,000 this asset can resume the rise to fib golden zone at $30