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![penny_ether Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1434672074358919169.png) pennyether [@penny_ether](/creator/twitter/penny_ether) on x 9962 followers
Created: 2025-07-19 16:47:10 UTC

IMHO $CLSK is a much better operator. Much lower hash costs, growth costs, and continually improving. I think their all-in cash hashcost will be around $XX (or better) in Q2.. meaning you effectively get the same (or better) BTC mined but at XX% less cost vs $MARA. They both have around the same EV.

Their s/p has suffered because they're strictly staying on the BTC mining (no HPC, no "BTC Treasury") and not benefiting from any hype.


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946612793177964830/c:line.svg)

**Related Topics**
[mining](/topic/mining)
[rating agency](/topic/rating-agency)
[$clsk](/topic/$clsk)
[bitcoin](/topic/bitcoin)
[coins layer 1](/topic/coins-layer-1)
[coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem)
[coins pow](/topic/coins-pow)
[$mara](/topic/$mara)

[Post Link](https://x.com/penny_ether/status/1946612793177964830)