Lothaen ⛏️

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Lothaen ⛏️

Lothaen ⛏️

@Lothaen

Katılım Nisan 2009
565 Takip Edilen498 Takipçiler
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Lothaen ⛏️
Lothaen ⛏️@Lothaen·
Mine $ORE however you want. The #1 rule? Always. Be. Mining. ⛏️ No safety meetings... Just provably fair mining on @solana The hard hat stays on. @HardhatChad
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Hardhat Chad ⛏️
Hardhat Chad ⛏️@HardhatChad·
@0xcarlosg @fafuflash Plan for v4 is to address many of the mechanics that give people initial pause and hesitation. Same mining process, just refined a bit.
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Carlos
Carlos@0xcarlosg·
I’ll be the first to admit I initially dismissed ORE because of its speculative, lottery-style mechanics. However, the current metrics are hard to ignore. ORE may be catching a "privacy" bid, but the real story is structural buy flows and how long they can continue. ORE’s mining game is simple: users deploy SOL across a 5x5 grid. Each round, one winning block is selected, and miners on that block receive the SOL deployed on losing blocks. Last week, miners deployed an average of ~$1.29M worth of SOL per day. 10% of SOL mining rewards are collected as protocol revenue and automatically used to buy back ORE from the open market. Of the ORE purchased, 90% is burned and 10% is distributed to stakers as yield. Over the past 30 days, ORE has spent ~$2.71M on buybacks, with activity trending higher over the past three weeks. That puts the token at roughly 2x P/S circulating, while current buyback activity implies a ~42% annualized yield on a $77M market cap (using current price and a 1-year forward projected supply of 572K ORE). Obviously, the game is highly reflexive and speculative. A higher ORE price makes mining more attractive, which can drive more activity, revenue, and buybacks. But if speculative demand fades, the incentive to mine weakens, revenue falls, buybacks decline, and the flywheel unwinds. How long this loop can continue is anyone’s guess, but at the current pace of buybacks, the near-term setup seems attractive.
Carlos tweet mediaCarlos tweet media
Austin Barack@AustinBarack

⛏️

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Lothaen ⛏️ retweetledi
mattytay
mattytay@mattytay·
It’s time to delve deeper. The mines reward conviction.
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SOLmurai ⛏️
SOLmurai ⛏️@MMTheSamurai·
$ORE has the 2nd highest holders revenue 7D on Solana. ORE holders are eating good.
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toly 🇺🇸
toly 🇺🇸@toly·
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R ī B d ° ⛏️
R ī B d ° ⛏️@CryptoRibdo·
4 months of locking into the $ORE mining flywheel. The data speaks for itself. Here is exactly what a dedicated setup achieved over the last 100 days: • Total PNL: +57.72 SOL (~+$5,024.13) • ORE Minted: 101.83 uORE • Average Cost Basis: 0.6313 SOL per uORE The math breakdown: I deployed 645.72 SOL into the infrastructure and won back 574.35 SOL. Even with a net SOL delta of -71.37 SOL, mining ORE at a 0.6313 SOL cost basis puts the total position heavily in the green. V4 is right around the corner, but the proof of concept is already printed. ⛏️ Solana native hard assets are real. @Wisemenmentors here’s the receipts to what you were just saying 📱⛏️💵
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Blockworks
Blockworks@Blockworks·
NEW: Now tracking @OREsupply, a digital store of value and one of the top revenue-generating apps on @solana. Track Ore's financials, buybacks, staking activity, mining activity, behaviour of miners, investors, and its competitive position relative to peers in a single place.
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Lothaen ⛏️
Lothaen ⛏️@Lothaen·
Forget the garbage. Forget the devs collecting paychecks with no skin in the game. Forget the VCs max extracting right on your head. Find refuge in the mines. $ORE The hard hat stays on.
slyseparator ⛏️@slyseparator

@_bolivian Forget all of that garbage, just buy $ORE and thank me later.

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Hardhat Chad ⛏️
Hardhat Chad ⛏️@HardhatChad·
Hardest coin in crypto.
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Lothaen ⛏️
Lothaen ⛏️@Lothaen·
I understand I have been mentioned in an article at gTrade without context. The narrative is that "despite pittying me with severance I blocked contributors and told people to sell." Let's break it down: 1) I was given severance from gTrade ✅ It was agreed upon when hired by nathan. I have it in writing. "My difficult personal situation" frames this as pity vs an agreement. I have the agreement in writing. The severance was agreed upon at hire as leaving a job for a startup with no insurance and no job security was a big risk. Thank you for honoring it @AtlasIsMe. It was agreed upon. It was purely business. Framing it as pity is an attempt to emotionally sway the reader. 2) I blocked contributors 🫪 I deleted every gTrade chat and account I could find on my tg and left all chats. This includes all private whale chats. This includes all public chats. All leftover team chats I hadn't scrubbed. Deleted deleted deleted. I don't want the distraction. gTrade is behind me. This was about 2-3 weeks ago. Way after my severance. Months even. Plus if I am no longer employed by gTrade what does this matter? Blocked contributors? I don't work with them anymore! I haven't for months! 3) Encouraged others to sell GNS ✅ Yes this is a personal opinion I shared with any community member I was still close enough to chat with on a regular basis through dms. I currently don't see a path for growth. The token continues downward. I firmly believe $GNS is a strong sell. If a boat is sinking you wouldn't warn your friends? Again just my opinion. Whoever wrote the medium is trying to scrape for every narrative point they can. Have a good day. Good luck gTrade community. You are my friends still and it's painful to see the price action. I hope the boat can get repaired.
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WeaponOutfitters.com
WeaponOutfitters.com@WeaponOutfitter·
ACOG mounts are cheap, so this is a REALLY aggressive, great deal on the classic TA31. The "Red Donut" reticle is not as popular as the Chevron or Horseshoe, but if you wanted legendary durability and optical quality for cheap... alnk.to/9Ii45Di
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ms ⛏️
ms ⛏️@_markstreeter·
solana:oreoU2P8bN6jkk3jbaiVxYnG1dCXcYxwhwyK9jSybcp $91K in token holder revenue today. $707K over the last 7 days. +31% week-over-week. fastest grower in the top 10 and a standout in terms of token holder rev/FDV mkt cap. h/t @DefiLlamaBOT @OREsupply
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ORE
ORE@OREsupply·
After multiple attempts with @SolanaFndn, we are happy to announce they will be creating a new department called “ORE Force.” The entire ORE community has already been hired as employees. Payments will be in ORE and SOL, and there is a mandatory in office mandate which will take place in the mines. They apologized for the delay and ended the call with: “Hard hats on.”
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toly 🇺🇸
toly 🇺🇸@toly·
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