Finally some good news! Hopefully the I/O price responds accordingly.
With lump premiums dropping we need the base I/O price to rise if we want to stay viable as a miner. Atlas 58% fines discount is about 30-35%.
I/O has averaged ~ 62 usd for the past 25 days which without lump premiums is by my calculations a loss of about 5 aud a ton. (Thats nearly 1/3 of the quarter)
Only invest what you are willing to loose and DYOR.
Best of luck to all holders.
AGO Price at posting:
1.8¢ Sentiment: None Disclosure: Not Held