GM #nostr ‘iches

Looks like $RIOT and $CLSK are running a tight operation. They still need a higher hash price to make a profit when you include general costs. They need (and/or): - Higher BTC/USD price - Higher transaction fees - Lower difficulty

Is there a way to write articles on NOSTR. And ideally with images, so you can write a paragraph, put in an image and continue writing the article? #nostr

I’m going through some 10-Q filings of public mining companies and will update with my findings. Here are some initial observations: • $CLSK Cleanspark originally had their depreciation period set at 5 years but revised it to 3 years, resulting in an impairment expense on fixed assets of $189 million, which is about 50% of their yearly revenue. • $RIOT Riot Platforms extended their depreciation period from 2 years to 3 years, which provided some relief in their results. • The mining operations of CLSK result in a total cost per BTC of $69,617 • The total company operates at a cost of $80,840 per BTC. This excludes the impairment expense on their S19 machines, which will be replaced by the end of 2024.

Former Dutch Central Bank Executive is absolutely spot on: ''The real problem is the intertwining of the government with (large) corporations and NGOs (activist groups). The Netherlands is a corporatist welfare state. Worth mentioning in this regard is also the politicization of science and the considerable one-sidedness of the traditional press (including government initiatives to tackle 'disinformation')."

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lex hoogduin (@lexhoogduin) on X

@LawPension @NPORadio1 Te veel dweilen met de kraan open. Het echte probleem is de verknoping van de overheid met het (grote) bedrijfsleven en NGOs...

This chart is wild. This is the 1 month change in Long Term Holders Realized Cap expressed in USD. It's because of a lot of coins moved towards ETF custodian wallets 5 months ago. Those coins are now maturing from STH to LTH coins. Those coins have an USD value of almost 70 billion dollars. h/t @Bitcoin Research Kit

@npub1fn2r...edt9 followed ✅

GM @fiatjaf

@less is becoming a real NOSTRich 👀