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/biz/ - Business & Finance


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11678360 No.11678360 [Reply] [Original]

We got a long way yet to fall bros
https://hut8mining.com/hut-8-mining-corp-reports-financial-results-for-third-quarter-2018

>> No.11678432

>>11678360
>price=production costs
Unusual, $6k is actually reasonable if this is true, I don’t even hold. It’s called premium

>> No.11678442

Brainlet, does the cost to mine change the inflation rate? Nope. This isn't oil or gold.

>> No.11678449

>>11678360

so you're telling me absolute MINIMUM sustainable price is $3,400 (which grows every day)

but maximum is realistically $20k+ (more if you're bullish)

why would anyone short this close to the bottom?