Happy Thursday, Miners!
Prices are still holding steady overall. The K7s remain under $7k and one of the highest profitability margins at $14.18/day at 9 cent power. Currently, we have Split Shares available with $.075 hosting.
Can you hear it? It’s the sound of us knocking on wood; so far 2023 has been a strong comeback year for Bitcoin. Q1 ends in a few days with BTC holding in the neighborhood of $27/28k. It’s outperforming 97% of S&P 500 Companies, even surpassing gold and the recent gains of Apple, Amazon and FedEx. Only a mere 12 other companies did better.
Miners are confident in Bitcoin and that the network is becoming even more secure. Bitcoin is here to stay, no matter what comes out of the current administration (TLDR version: 37 pages on digital asset revulsion). Of course, regulatory threats aren’t good and have had enough potentiality that Coinbase is exploring overseas options, but we’d place a bet on non-fiat success any day of the week. Maybe not this intensive of a bet, but a bet nonetheless.
That's it from us this week! We do our best to keep prices as low as possible. If something in particular interests you, let us know and we’ll try to work it out. As always, keep mining, rain or shine!