Here’s my observation: the mining company might not be able to generate substantial revenue going forward. This is because once the halving occurs, the rewards for each block are halved. Moreover, if they continue mining with their current equipment, it may no longer be profitable unless they increase the hash rate. However, this will incur additional costs for...
SGX:ME8U Basically, ME8U is trending in an uptrend and made a new breakout from weekly chart. Besides, the price action is well supported with big volume. Here are some ideas or thoughts of this stock : a) Clearly, Fed has mentioned that there is no increase in the interest rate and would cut it three times in 2024. However, please do pay attention to the...