pull down to refresh

0 sats \ 11 replies \ @Satosora 30 Apr \ on: This $2.8 Billion Coal Miner Has Been Mining Bitcoin, Too - Decrypt bitcoin
Wow That is kind of big news. They have been doing this undercover for so long. I wonder what their earnings reports look like, they must have published them and everyone must have kept quiet throughout it all. That is amazing!
write
preview
6 sats \ 4 replies \ @byzantine 1 May
they only started listing it on their 8K this year. they didn't even declare previous holdings
reply
6 sats \ 3 replies \ @Satosora 1 May
Right, so its kind of weird. They should have been reporting it at the very beginning.
reply
0 sats \ 0 replies \ @byzantine 1 May
found an early article related to their river view mine in kentucky https://kentuckylantern.com/2023/06/13/as-kentuckys-largest-coal-producer-mines-bitcoin-its-power-discounts-draw-scrutiny/
reply
0 sats \ 1 reply \ @byzantine 1 May
yeah as a shareholder this bothered me. not sure why they thought it was acceptable to hold it in secret and not even declare as an intangible asset
reply
0 sats \ 0 replies \ @Satosora 1 May
Lots of people and companies do crooked things.
reply
0 sats \ 5 replies \ @Cje95 OP 30 Apr
My only concern about this is it given people like AOC and Sen. Warren excuses to hate crypto and say it’s “dirty” when the majority is significantly different
reply
0 sats \ 4 replies \ @Satosora 30 Apr
They might get on board as it gets more widespread use. AOC and Sen Warren are from the east coast, this company is from the midwest. They dont have too much say for colorado.
reply
0 sats \ 3 replies \ @Cje95 OP 30 Apr
Sen. Hickenlooper is a big environmentalist as well but he performs natural gas over coal
reply
0 sats \ 2 replies \ @Satosora 30 Apr
It said in the article it was excess energy.
reply
0 sats \ 1 reply \ @Cje95 OP 30 Apr
Doesn’t matter to green energy folks cause then they say they shouldn’t have been burning so much coal… tbh it’s a never winning debate with them and it hurt my brain
reply
0 sats \ 0 replies \ @Satosora 30 Apr freebie
Yeah, you will never win. The energy has to be used somewhere. Eventually someone is going to waste it.