DMG purchases 1,800 New Generation Bitmain Antminer S19 XPs for a total hashrate of 1,037 PH/s or approximately 9,500 S19s. DMG announced the granting of 2,845,750 stock options to directors and employees of the Companyexercisable for a period of three years at a price of $1.20 per share. So $1.20 is the minimum price target for DMGGF in my opinion
TECHNICALS: Looking at the candles it's forming a falling wedge which is very bullish sign. Paired that with the STOCH RSI which is oversold, it's a perfect buying zone. FUNDAMENTALS: ISW Holdings - Re branding to Blockquarry Corp (pending Ticker change) has a 5yr BITMAIN hosting deal for 200MW and 56K miners for a 10M per month revenue not contingent to crypto...
I have been following Marathon Patent group since it was 1.8 a share a few months back. They have been doing great with PR, and company future outlook. If you have been following the bitcoin mining industry then you know that Mara has struggled while $btbt and $riot have been able to climb to higher market caps.. The reason that these other companies have gone up...
Where most of the projects would have give up, if they had been going through crisis such has the one SC have been through in Q3 2017, the Sia project keep going and is was up 997% since lowest 2017 until the correction from this week that all cryptos have been through, (-43% for SC) and still up 772%. This resilience prove a strong will to outperform their...
It looks like there is a correlation between Bitmain tweets announcing Antminer S9 batch and the price of BCH (which is the only currency they accept to purchase Antminers on their site)
Dash: This is not financial advice, take it with a grain of salt. This is technical analysis using channels, fib charts, and market sentiment. DASH is Bitmain’s hustle, Bitmain sells the most powerful DASH miner at the moment and it’s one of the most used coins in Asian markets. DASH is a super volatile coin and it could be due to miners liquidating their...
We have a new key level, courtesy of Bitmain's CEO, who decided to tweet about his support and potential funding of Bitcoin Unlimited, an alternative to Bitcoin Core development, which could cause a situation where there are multiple Bitcoin block chains, dividing the community. Naturally, this scared some bulls off, and we had a selloff, but I think it's just...
Segwit + Bitmain = interesting but not yet = boring sideways