Jul. 28 at 3:09 PM
$LUXFF’s mining strategy should be judged on retained Litecoin per share—not gross LTC mined.
Mining output comes before electricity, hosting, fleet expansion, equipment replacement and any equity issued to finance the operation.
If retained LTC grows faster than the fully charged share denominator after those costs, mining becomes a genuinely non-dilutive treasury engine.
If it does not, mining is simply a capital-intensive way to acquire Litecoin.
The disclosure investors need is a bridge from gross LTC mined to cash costs, retained LTC and the resulting change in LTC per share.
