Argo Blockchain Share Discussion Threads

[munin] 07/5/2024 21:08

Sorry………wrong thread………….

[1knocker] 07/5/2024 18:43

If that is a paid ad, jh, your employer is not going to be impressed that you omitted to give 'her' details for punters to sign up and pay their subscriptions!

[jessica harvey] 04/5/2024 11:19

I invest in binary market through a fiduciary financial advisor by coping her trades . This is an aspect of Algorithmic trading which entails mirroring directly the positions taken by a professional trader. The beauty of this method is that you don't give out funds here it's stays right in your trading account while your account automatically copies her trades in real time

[1knocker] 04/5/2024 10:29

If no one can provide the picyure you are after, I am sure Sharetalk and his cronies from the QBT board will be happy to provide their mug shots, munin.

[munin] 03/5/2024 20:20

Could someone post a picture of a lemming and a mushroom together, on one shot?
Ken Chipolata will not have one, but some of the older posters may have come across this……..

[robo21] 03/5/2024 15:19

Great minds think alike

[zydecoco] 03/5/2024 13:40

I have averaged up by adding some more here over the past couple of days.

[zydecoco] 03/5/2024 12:10

Yes, and that is always a good thing

[robo21] 03/5/2024 11:25

Paying down debt

[drob1] 03/5/2024 10:23

If they are earning 6mill every month in bitcoin mining ... where has all the money gone. Because they've sold everything they mine every month

[zydecoco] 03/5/2024 08:30

Not dire post halving at all.Monthly Results ok.(Think more deeply about it Broomrigg!)"During the month of April, the Company mined 99 Bitcoin, or 3.3 Bitcoin per day (March 2024 - 103 Bitcoin). Daily Bitcoin production in April remained the same as the prior month despite the Bitcoin halving occurring on 19 April 2024. This is primarily due to a temporary but significant spike in transaction fees in the days immediately following the halving.Mining revenue in April 2024 amounted to $6.6 million, a decrease of 6% compared to the prior month (March 2024: $7.0 million).As of 30 April 2024, the Company held digital assets worth the equivalent of 12 Bitcoin.

[broomrigg] 03/5/2024 07:52

Dire operational update from Argo this morning. Selling more coin than they mined just to keep going and now down to "digital assets worth the equivalent of 12 bitcoin". "Daily Bitcoin production in April remained the same as the prior month despite the Bitcoin halving occurring on 19 April 2024. This is primarily due to a temporary but significant spike in transaction fees in the days immediately following the halving." In other words things are now dire. The CEO didn't even make a comment.SELL

[tenapen] 02/5/2024 18:14

Silly wee chung.

It Huff's and it Puffs and yet the house doesn't fall down.

Hahahaha

[martywidget] 02/5/2024 09:23

caveater, I do not currently hold.

Yes, most odd isn't it, that those that do not hold post...lol

This has been in the header, but for anyone interested that hasn't seen it:
ARGO BLOCKCHAIN PLC - Year end Results
Apr 25, 2024


Only had 68 views...

[caveater] 01/5/2024 23:36

Why are those without any ARB holdings the main contributors on this thread....why don't they FRO from whence they came. Its like they want to dictate where others invest, and must be pleasing to them to boot.

[ken chung] 01/5/2024 21:26

Bitcoin now only $56,908 and the mining reward halved earlier this month, from 6 to 3 bitcoins per winning block. It's a nightmare scenario.ARB making a loss. :-)ARB a high quality short. :-)Sell, sell, sell.Lemmings and mushrooms only.

[truant2tb1] 01/5/2024 18:14

Can longs hurry up and sell. It's getting boring waiting for the collapse

[broomrigg] 01/5/2024 16:36

Not looking good here I'm sorry to say. Peter Wall shafted this company and used all its shareholders, laughing at them while he sailed off into the sunset with £7m. Well done those who got out when he did. What an unnecessary waste.

[ken chung] 01/5/2024 16:18

Bitcoin now only $57,186 and the mining reward halved earlier this month, from 6 to 3 bitcoins per winning block. So ARB are making a loss. ARB a high quality short.Lemmings and mushrooms only.

[one_frankel] 01/5/2024 12:27

The whole premise to BtC following the last financial crisis was to avoid blatant market manipulation by the 'Select Few' Porky but when BtC is now effectively controlled by the whales such as Saylor, its heading in exactly the same direction as Fiat currencies and that certainly wasn't its overall intention to begin with unfortunately!

[jaknife] 01/5/2024 11:31

porky9,

The numbers aren't that difficult to work out.

You take last year's revenue:



multiply by 50% and then compare to the other costs.

ARB must be losing money hand over fist.

JakNife