Bitcoin Forum
May 27, 2024, 06:20:09 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Which mining stocks are holding?  (Read 160 times)
takuma sato (OP)
Sr. Member
****
Offline Offline

Activity: 301
Merit: 426


View Profile
December 09, 2023, 02:31:24 AM
 #1

Has anyone studied how companies have performed in previous halvings? Im looking at some exposure on the mining industry and im considering the 3 following stocks:

-MARA
-BITF
-RIOT

What's going to happen with these post halving? I've read BITF is the most efficient in the game. MARA has got the #2 biggest stack of crypto so im assuming they are going to be pretty wealthy to reinvest on their business. 13,396 BTC by MARA vs 385 by BITF. RIOT got 6,974 BTC. Of course there are more things than holding BTC on a mining business. Apparently BITF got some cool proprietary technology.

I would like to hear the view of someone that actually has money in the game or is considering making an investment. Some of these are around 100 to 200% up this year already. How higher could they go before it becomes ridiculous to get in?
FP91G
Legendary
*
Offline Offline

Activity: 1652
Merit: 1054


View Profile
December 10, 2023, 11:11:43 AM
 #2

Why invest in a company that will find it more difficult to make a profit every 4 years and after the halving, their profits will also decrease. The price of shares of mining companies directly depends on the price of Bitcoin, and over the past month the price of shares of mining companies and Bitcoin has been growing symmetrically.
Yamane_Keto
Sr. Member
****
Offline Offline

Activity: 476
Merit: 487



View Profile WWW
December 11, 2023, 03:00:48 AM
 #3

It may seem like a good bet that the rise in the price of Bitcoin will encourage these companies to avoid selling their Bitcoin, especially during the coming year, and given that Bitfarms (BITF) is less exposed to the possibility of the Fed cutting interest rates due to its deleveraging campaign, I find that buying Bitcoin and investing in MARA It may give you a good chance to make a quick profit.
It is not investment advice and I do not advise you to go out of your way to invest long-term in these stocks.
philipma1957
Legendary
*
Offline Offline

Activity: 4130
Merit: 7946


'The right to privacy matters'


View Profile WWW
December 11, 2023, 03:06:34 AM
 #4

I would  not buy them.

I would mine.

If I can’t mine I would buy coins.

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
TheUltraElite
Legendary
*
Offline Offline

Activity: 2884
Merit: 1227


Call your grandparents and tell them you love them


View Profile WWW
December 11, 2023, 03:24:45 PM
 #5

I am also of the opinion to buy bitcoin rather than buying companies that are mining bitcoin. They are exposed to the risk of price drop in halving and government regulations on miners. While buying bitcoin has lesser risk than that.

I am personally interested in investing in a mining setup - buying their shares but this is different, here you are buying stocks of the company not the mining setup and what costed it to be developed - there is a subtle difference here.

But I have failed to see any such mining setup and investments in the same till date that are legit and have not been scams.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
FP91G
Legendary
*
Offline Offline

Activity: 1652
Merit: 1054


View Profile
December 17, 2023, 12:54:56 PM
 #6


But I have failed to see any such mining setup and investments in the same till date that are legit and have not been scams.
If you are talking about cloud mining, then there are many difficulties in this business. The average miner has very few opportunities to buy cheap ASICs and get a good price for electricity, so most new small miners will now find it very difficult to compete with large mining companies.
Buying bitcoins or shares of mining companies is an individual choice. The stock market is more regulated by law, and many investors find it easier to buy shares while there is no Bitcoin ETF.
tread93
Hero Member
*****
Offline Offline

Activity: 1180
Merit: 539



View Profile
December 24, 2023, 11:09:14 PM
 #7


But I have failed to see any such mining setup and investments in the same till date that are legit and have not been scams.
If you are talking about cloud mining, then there are many difficulties in this business. The average miner has very few opportunities to buy cheap ASICs and get a good price for electricity, so most new small miners will now find it very difficult to compete with large mining companies.
Buying bitcoins or shares of mining companies is an individual choice. The stock market is more regulated by law, and many investors find it easier to buy shares while there is no Bitcoin ETF.

I think that there are some mining companies that will allow you to profit share if you invest in the hardware right? I think could mining is definitely the hot space right now. It's constantly advancing and these mining stocks are proving to be a great way to gain BTC exposure without actually buying the coin

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!