Despite low profits and high difficulty, some pubcos are doubling down on mining
CleanSpark CEO recently said he believed bitcoin will peak at $200,000 in the coming 18 months
Bitfarms mined 217 BTC in September, keeping realized hashrate steady at 10.28 EH/s
Approval comes after years of review while imposing a moratorium on bitcoin mining expansion
Recent news reports don't provide an accurate picture
Riot agrees to customary standstill provisions
Laying the foundation of establishing HPC/AI operations
CleanSpark has been hodling almost the entirety of its mined bitcoin since January
Rhodium seeks court's decision on certain executory contracts with Winstone US
Riot has invested $180 million since April in accumulating 19.9% of Bitfarms
Stronghold resumed a $1.6 million monthly debt amortization in July
And debt is trending up too!