Bitcoin is at a critical level right now as it is down a little over $100 on declining volume.
Bitcoin is bouncing off of the 200 day moving average which is serving as support.
This is a critical level because any break of this will see Bitcoin move down to two levels of support which is at $40K and the 50 day moving average at about $38K. Any break of that should see Bitcoin move down to the $29K level.
We are trying to pick up more 1050tis but the price on these are a little higher than we want to pay. We are bidding on various eBay auctions but have not won any of late. We will continue to bid on the video cards.
Since crypto is running now the amount of coins we get mining has gone down as the USD value has gone up.
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