Some time ago I introduced you to my little $BTC (+0,38 %) desktop nerdminer with a computing power of 77,000 hashes per second:

https://getqu.in/gWKxbn/

Today my desktop got a little update and... I don't want to brag, but $MARA (-1,43 %) and co. can pack their bags!

From now on I'm also serious in the mining business! With my Bitaxe Gamma and a computing power of over 1.3 TH/s, it won't be long before I find the next $BTC (+0,38 %) find the next block😎

Joking aside, I've bought myself a new toy. The Bitaxe Gamma achieves around 1.3 to currently even 1.6 TH/s, is equipped with a BM1370 ASIC chip (from the Bitmain Antminer S21 Pro) and comes with an energy efficiency of approx. 15W/TH, which is already very strong compared to other devices.

How much Bitcoin do I earn with it now?

Very probably exactly 0!

I just let it run on the side and hope to find a valid block on my own.

That would currently earn me 3.125 BTC + the transaction fees🤑

The probability of this happening is currently around 1:4 million per day. If you consider that you have a 1:140 million chance of winning the lottery once a week, lottery mining is a lot more promising! But of course you can also talk yourself into it😂

Apart from the mini chance of winning a block, what other advantage does this have?

Well, you actively promote the decentralization of the network - and besides, people who mine themselves are cooler than others, so I've heard👀

In the picture you can see the Bitaxe on the left and my Bitcoin Fullnode on the right. I also run my own mining pool on this one. If the Bitaxe were to find a block, my node would propagate this block into the network.

I can only recommend anyone who wants to get more involved with Bitcoin to get a node or a small miner and play around with it. There is always a great learning effect :)

If you have any other questions about the miner / node or whatever else, feel free to write them in the comments😊

Have a nice holiday and a nice long weekend!

Grüße✌️

It's getting wild again😂

Under the leadership of Brandon Lutnick - the son of the current US Secretary of Commerce and chairman of the investment bank Cantor Fitzgerald - the Japanese SoftBank Group, the stablecoin giant Tether and the crypto exchange Bitfinex are cooperating to invest billions in $BTC (+0,38 %) to invest billions in A company called 21 Capitalwhich will hold around 3 billion US dollars in Bitcoin from the outset and serve as a listed "Bitcoin purchase vehicle".

21 Capital is to be founded from the outset with the sole purpose of buying and holding Bitcoin👀

21 Capital is designed as an acquisition company for Bitcoin - comparable in essence to the business model of $MSTR (-4,49 %). It will be implemented via SPAC Cantor Equity Partners. This listed shell company has raised US$ 200 million in fresh capital and will merge with a new company - 21 Capital. This SPAC deal means that 21 Capital can be listed directly on the stock exchange without a traditional IPO:

According to the Financial Times and official figures, the initial bitcoin investment adds up to around 3 billion US dollars. Specifically, Tether is providing US$ 1.5 billion, SoftBank US$ 900 million and Bitfinex US$ 600 million - each in the form of Bitcoin transfers to the new company. These Bitcoin transfers are valued at a reference price of USD 85,000 per BTC, and in return the partners receive shares in 21 Capital at a price of USD 10 per share. Through this structure, investors effectively swap part of their Bitcoin holdings for ownership shares in the new company.

As a result, 21 Capital will launch with over 42,000 BTC and become the third largest Bitcoin treasury worldwide, behind $MSTR (-4,49 %) and $MARA (-1,43 %) and .

It was also announced that none other than Jack Mallers (founder of Strike) will take on the role of CEO.

Investment strategy: build up and expand Bitcoin reserve

Similar to the Strategy model, 21 Capital will not stop at the initial investment, but will continue to buy more Bitcoin. The business model of a "Bitcoin Treasury Company" consists of raising fresh money via the capital markets and converting it into BTC. Accordingly, the Lutnick consortium is already planning additional financing measures: An issue of convertible bonds worth USD 350 million is planned, as well as a private placement of shares worth USD 200 million in order to acquire more Bitcoin on the market in the next step. According to the official update, the target figures for the bond have even been raised to USD 385 million. This mix of debt and equity is exactly in line with the strategy MicroStrategy has pursued in recent years - Michael Saylor has repeatedly diluted shares and issued bonds to increase his company's Bitcoin position. The press release states that the company is designed to accumulate as much Bitcoin as possible and to steadily increase the Bitcoin holdings per share.

This means that future capital increases will be consciously accepted (even if they dilute the shares of existing shareholders) as long as the fresh capital is used to acquire more BTC. This should be worthwhile for shareholders, as every dollar invested increases the value of the Bitcoin treasury disproportionately - and therefore the share value in the long term. Or as Jack Mallers puts it: "We believe Bitcoin is the answer, and Twenty One is the way we are bringing that solution to the public markets. Our mission is simple: we want to become the most successful company in Bitcoin... A public stock built by Bitcoiners, for Bitcoiners".

There is no traditional core business; growth is to be generated exclusively through value appreciation and the increase in Bitcoin reserves.

What do you think?

https://www.ft.com/content/501210ad-d39b-4d7b-b649-bbd08ceffe6f

$IREN (-6,5 %)
$HUT
$HUT (-3,8 %)
$CLSK (-2,81 %)
$CORZ (+3,3 %)
$BITF (-1,94 %)
$HIVE (-3,01 %)
$WULF (-5,12 %)
$RIOT (-2,28 %)
$MARA (-1,43 %)
$BTDR (-3,57 %)
$BTC (+0,38 %)

$IREN (-6,5 %) 🚀

Revenue growth in AI cloud services could be a harbinger of much larger AI data center deals.

$IREN (-6,5 %) is fast becoming a force to be reckoned with in the data center industry. There are only a handful of developers with > 1 GW of secured power - let alone close to 3 GW!

Very exciting company and KBV Friday ≤ 1

$IREN (-6,5 %)

$MARA (-1,43 %)
$RIOT (-2,28 %)
$CLSK (-2,81 %)
$BTC (+0,38 %)

hello everyone, I am accumulating $MARA (-1,43 %) , I have 25 shares and I am down a good %, what do I do, holdo, buy or sell?

#btc#bitcon

248 percent more profit.

$MARA (-1,43 %)

With a market capitalization of USD 4.6 billion, Marathon Digital is the largest listed Bitcoin miner in the world. The company is now presenting new business figures.

Bitcoin has recently corrected sharply. But if you only look a little further, the cryptocurrency is still conjuring up fabulous profits on the portfolio. Miners are also benefiting from this. Marathon Digital Holdings (MARA) is now presenting figures for the fourth quarter of 2024 - and setting new records.

The company's revenue rose by 37% to USD 214 million within one quarter and by as much as 69% to USD 656 million for the year as a whole.

The management was even able to increase net profit by 248 percent to USD 528 million in the fourth quarter. Unusually, the company's profit is higher than its turnover. This can be explained by the increase in value of the coins held in reserve.

The Florida-based company is also making huge strides in terms of BTC accumulation. In addition to the 2,492 BTC mined in Q4, Marathon purchased a further 15,574 Bitcoin.

With 45,659 BTC worth a total of USD 3.9 billion, Marathon is the second-largest listed Bitcoin hodler in the world after Microstrategy.

In July 2024, Marathon announced its full-hodl strategy. In addition to a commitment not to sell any more mined coins, the company intends to occasionally buy more bitcoins on the open market and add them to its reserve.

Marathon has also been able to increase its hashrate. The company managed by Fred Thiel now maintains 53.2 EH/s - an increase of 115 percent in one quarter.

The company is also working on the vertical integration of its business activities. 70 percent of the mining farms used are now owned by the company.

Despite the solid business figures, the share price is not budging. At the time of writing, MARA is trading at USD 13.7 - a year-on-year fall of 42%.

During the same period, the Bitcoin price grew by 37 percent.

https://www.btc-echo.de/schlagzeilen/quartalsbericht-bei-marathon-bitcoin-miner-legt-rekordzahlen-vor-202695/

$IREN (-6,5 %)
$BTC (+0,38 %)

IREN Limited, formerly Iris Energy Limited, is an Australian-based company that owns and operates data centers powered by 100% renewable energy. Its facilities are optimized for Bitcoin mining, artificial intelligence (AI) cloud services and other power-intensive computing. The mining data centers are located in Canal Flats, Mackenzie, Prince George and Childress. Bitcoin Mining provides security for the Bitcoin network. Al Cloud Services provides cloud compute for Al customers, 1,896 NVIDIA H100 and H200 GPUs. The Canal Flats facility is located in the Canadian Rocky Mountains, 100 kilometers (km) from Cranbrook Regional Airport and 500 km east of Vancouver. Its facility is located in Prince George, the city in northern British Columbia, 500 km north of Vancouver. The facility is located in Childress County, Texas, more than 250 miles northwest of Dallas and in close proximity to several wind and solar power plants in the region. The company operates 200 MW of data centers in Childress.

I have put together a few interesting graphics here and I would be interested in your opinion of the company.

@stefan_21
@Testo-Investor Have you already dealt with the miners, what do you think of $IREN (-6,5 %) ? I would be interested to know ✌️

All- In Cash Cost per $BTC (+0,38 %) :

$IREN (-6,5 %) Record-breaking growth in hash rate

In the year 2024 $IREN (-6,5 %) set a new industry record for the fastest growth in operating hash rate (EH/s) in a single year among the $BTC (+0,38 %) -miners, surpassing 400%.

$IREN (-6,5 %) also held the previous single-year growth record of 350% in 2023.

Graphic: @Agrippa_Inv from 𝕏

According to VanEck, switching from BTC mining to an AI data center of just 20% for $IREN would be worth a capitalization of $6,571,000,000.

Despite $BTC (+0,38 %) halving , $IREN achieved an impressive annual production growth of 55% - the highest growth rate among all public $BTC miners in 2024.

Graphic: @Agrippa_Inv from 𝕏

$CORZ (+3,3 %) , $MARA (-1,43 %) , $RIOT (-2,28 %) , $BITF (-1,94 %) , $CIFR (-4,38 %) , $CLSK (-2,81 %) , $WULF (-5,12 %) ,

https://iren.com/