⚡ This Bitcoin Mining Penny Stock Has Huge Growth Potential
⚡ Trade Bitcoin, Ethereum, and other cryptos with ZERO fees on FTX. Use my referral code and get a free coin when you trade $10: – Use code: TSYOU
⚡ When I first started investing in #Cleanspark they were still an energy software company. Today, #CLSK is one of the top #Bitcoin miners, after only 18 months on the scene. Do they have what it takes to compete against Riot Blockchain (RIOT stock), Marathon (MARA stock), and other great BTC miners? Here’s why I think Cleanspark stock should be on your short list of best stocks to buy now.
📊 VIP Access to My Trades & Dashboards 📊
Access via Patreon ▶
Access via YouTube ▶
⚡ Get your free stock worth up to $1000 at once you open an account! *This is not investment advice. Offer valid for U.S. residents 18+ and subject to account approval. See Public.com/disclosures/
🔥 From 1995 to 2020, fine art has appreciated 14% annually vs. S&P500’s 9.5%, so it’s a great way to diversify without sacrificing performance. Masterworks disclosures:
🕑 Episode Timestamps 🕑
00:00 Introduction
01:02 Cleanspark’s Energy Business
04:29 How Energy Relates to Bitcoin
06:10 Comparing Bitcoin Miners
08:47 Cleanspark Analysis
14:03 Risks for Cleanspark Stock
📝 Resources & References 📝
🔥 3 Stocks to Buy As the Market Crashes (High Growth):
Cleanspark (CLSK) Investor Relations:
Cleanspark’s Agreement with Lancium:
💬 Join The Conversation & Stay Up to Date 💬
Follow on FinTwit ▶
5000+ member Discord ▶
Quick Tips & Videos ▶
Short-form Insights ▶
📚 Useful Resources 📚
My full resource library ▶ (work in progress)
ARK Invest Big Ideas 2022 Report ▶
ARK Invest Innovation ETF (ARKK) ▶
ARK Invest Genomic Revolution ETF (ARKG) ▶
ARK Invest Autonomous Technology & Robotics ETF (ARKQ) ▶
ARK Invest Next Generation Internet ETF (ARKW) ▶
ARK Invest Fintech Innovation ETF (ARKF) ▶
ARK Invest Space Exploration ETF (ARKX) ▶
Roundhill Ball Metaverse ETF (METV) ▶
Ball Metaverse Research & Index ▶
📜 Disclosures 📜
All content on this channel is for informational purposes only and should not be construed as professional financial advice or recommendation to buy or sell any securities. Trading stocks, ETFs, other securities, and/or cryptocurrencies poses a considerable risk of loss. Neither host or guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Should you need such advice, consult a licensed financial or tax advisor. When you make purchases through links in this video description, the author may earn a commission.
🙏 Thanks for watching!
Source link
Bitcoin mining companies not your thing? You can trade Bitcoin, Ethereum, and other cryptos with ZERO fees on FTX.
Use my referral code and get a free coin when you trade $10: https://tickersymbolyou.com/ftx – Use code: TSYOU
I'm curious how this company compares to ANY. Supposedly they both have the same goals of clean bitcoin mining.
Edit: in fact, ANY has a market cap of about 45 million right now, and has contracts in place to make them among the top 10 or 20 crypto miners, not just bitcoin miners, in terms of processing power. The only thing it's missing is full vertical integration since it's bitcoin operation is powered by a partnership with a different company specializing in mining, but the contracts in place now should still make ANY a top miner within the next year or so. Seems like the better mining play, unless I'm missing something?
I studied CleanSpark last year following your recommandation. I found many red flags, including an unconvincing leadership and the lack of R&D. I now see they have 2.7M$ left in cash and are still cash flow negative, in the middle of an epic market / crypto crash. I'd tread very lightly.
Great stuff man. Thank you for this one!
Thanks Alex
I think it is better to mine in the utopia ecosystem and not be afraid that it will soon become unprofitable
What's with ARK's big sell off of Spotify?
I liked the tech talk
😀l am so happy my financial life has totally
changed ever since I ventured into stock
investment. Ive been earning over $18,000
dollars every single week.
thank you
I certainly hope you are correct because I’m currently down 85% on my initial investment, as I am with nearly all ARK/Ticker Symbol You-promoted investments (with the exception of TSLA, although that is obviously also way down since I bought it).
Great video. But company/management reviews are not encouraging. I prefer not to invest in companies that the employees don't like working for.
CLSK is my fav miner as well.
I have MARA because it’s US and backed by patents and the Marapool. I also have HIVE because they use renewable energy (thermo and hydro). How is this stock better than HIVE, another renewable energy crypto miner???
Thank you. Great analysis !
Cool video, my biggest questions are what is their quarterly cash burn vs how much liquidity reserves they have. Is that cash burn increasing by quarter or getting closer to break even each quarter and at current rates how long do they have before they'd have to raise more capital?
Hell breaks the loss after just a few days of the plunge in the price level of the major cryptocurrencies. Many of us keep forgetting that crypto is obviously exposed to a volatile market environment, although i am 100 % sure that crypto would rise in the long run ( new investors keep turning to crypto as an investment location) although a seasoned trader would personally agree a trader earns a lot regardless of the price of cryptocurrencies and that a price drop is equally an opportunity to acquire stocks for profitable trading, with Daniel Wright i would say trading went smoothly for me. I started at 1.5 BTC and raised over 6.5 BTC in just three weeks using the trading strategy given to me by veteran trader Daniel Wright.
How does this compare to Hive?
Remind me of the guy who trade weather patterns in "THIS IS US'' now it is AI.
Your btc mining explanation is wrong. The winer is not random. Its the first to find a small hase of the old block+new block+ random number
Nice work with U last week. Very nice week. Kudos.
"If you're going through hell keep going." —Winston Churchill
Great overview – have you thought about reaching out to the CEO of cleanspark for an interview and asking those Q’s you can’t answer? 🍻
What’s ur price target for clsk end of year.
One of the best company evaluations I've ever watched.
WHOA! While bitcoin made a 10x from March20 Low, CLSK made nearly a 40x. This is crazy! I will definitely have a YOLO Position, seems like a better/safer Alternative to most Altcoin Positions. I would take profit at jan21 High, which is a 5x.
bruh video is amazing 👏👏! pals, is there anyone who is trading on the TimeX exchange?? I'm very excited about their platform, who knows what I mean to put a plus in the comment 😅, think they are something in between Binance and AAX, rly perfect.
Great video & investment thesis I have been wondering what crypto mining company I could get into for the past couple months!
The spend power to mine bitcoins, then more to cool down! This isn't efficient.
They need profitable applications for the generated heat to make money – weed production is one such application
They'd be wise to offer clean power generation (solar, wind, hydro etc) to their complete solution
Any other* reason why clean spark is so cheap compared to the other miners? *besides they do not accumulate but sell btc
Thanks. It looks a great stock. If I wasn't already bag holding three BTC miner stocks I would buy it. This novice needs to learn to risk off.
Very clear explanation of performance metrics of Bitcoin miners
Nice video
I might be dreaming but I see 13+ in the next 12-18 months.
You had me at cake 🎂 😊
I sold this in November when it was $22. Webull kept giving it to me as a free stock, didn't think it was of any value 🤷🏾♂️
You have explained bitcoin & tech businesses better than anyone I have ever listened to. I really appreciate your work. I am a late in life investor, who was not very tech savvy but learning fast. Thank you I am really enjoying all of your videos. Your chart amazes me!
Huh?
…and they have the availability to trade via Options… so that’s good. You can sell the $5.00 and get about $.45 ($45) going out to July expiration.
Will you please…just for once….look at a financial report instead of just the marketing slides…
Your business comparison completely ignores costs. So what if a company has more PH power, if it's input electricity cost is high due to unfavorable location or whatever, it is at a structural disadvantage.
Also, Bitcoin does not go up in value because the mining rate slows down. My dog takes one shit a day right now. As he ages, his metabolism slows down and he might only take one shit every other day. Did his shit double in value? You tell me.
LONG CLSK 1370 shares I like how management is non dilutive as well as secured the 35M loan to expand operations also they got in to immersion cooling and are going to eventually find a buyer for the microgrid side of the business . management providing a monthly update is great. This month was great report . CLSK is the Safeway to get exposure to BTC. LONG CLSK.
Cant wait until they use the BTC to buyback shares in few years from now .
Waste of electricity, effort, and time.
What is your cost ?
Core Scientific CORZ is the largest bitcoin miner in North America! $3 stock!!!
You should have stuck with your original interests like micro grids. CRYPTO is for reckless people who like to play with their "assets".
Great analysis, thank you.
Excellent discussion about unit economics and technology for mining bitcoin. Thanks
Sdig for me mate. Way undervalued.