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Feb 18 2021 01:11pm
Quote (Thor123422 @ Feb 18 2021 01:07pm)
Can somebody explain to me what a blockchain company like Riot actually is?


as far as i know they're main model is to buy up and develop bitcoin mining. also they seem to fund work in other crypto projects, and likely mining in other crypto projects.

RIOT is to crypto what a gold mining company is the the price of gold stockwise.
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Feb 18 2021 01:19pm
Quote (thesnipa @ Feb 18 2021 01:11pm)
as far as i know they're main model is to buy up and develop bitcoin mining. also they seem to fund work in other crypto projects, and likely mining in other crypto projects.

RIOT is to crypto what a gold mining company is the the price of gold stockwise.


Huh, that's interesting.

Wish I had known companies like this existed before it exploded. That's the kind of thing I might have wanted to toss some in on the ground floor.
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Feb 18 2021 01:20pm
Quote (Thor123422 @ Feb 18 2021 01:19pm)
Huh, that's interesting.

Wish I had known companies like this existed before it exploded. That's the kind of thing I might have wanted to toss some in on the ground floor.


afaik its the first noteworthy one. and im not sure on growth potential, it will make money and grow but mining is expensive and not high margin business afaik.
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Feb 18 2021 01:40pm
Quote (thesnipa @ Feb 18 2021 01:20pm)
afaik its the first noteworthy one. and im not sure on growth potential, it will make money and grow but mining is expensive and not high margin business afaik.


They have a tangible and very valuable asset when all else fails. GPUs and whatnot can be used for scientific computing, so once they transition away they will likely be a power in things like AI computing since they already have all the hardware. Good business model for long term considering how in demand compute power is.
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Feb 18 2021 04:53pm
Up 12k total today. BTC and ETH doing some heavy lifting
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Feb 19 2021 11:13am
bnb coin going beast mode last 3 weeks.
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Feb 19 2021 12:15pm
Quote (excellence @ Feb 19 2021 11:13am)
bnb coin going beast mode last 3 weeks.


really upset i didnt sign up for binance when first dropped. that shit was a joke even for months after launch.
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Feb 20 2021 02:49pm
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Mar 3 2021 06:16am
Btc on the raise
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Mar 3 2021 07:38am
Quote (excellence @ Feb 19 2021 11:13am)
bnb coin going beast mode last 3 weeks.


Been getting my best gains on BNB lol, just had some for the reduced fees.
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