Argo Blockchain Share Discussion Threads

[2tyke] 26/1/2021 10:03

It doesn't help at all nico...unfortunately.
What you describe is basic trend following. A monkey could follow that. Trends always end. None of your nonesense will help you spot turning points accurately.....unfortunately.

[aidenabettin] 26/1/2021 10:01

Routemaster Capital Inc., formerly Rodinia Lithium Inc., is a Canada-based investment company. The Company may invest in securities of both public and private companies, or other entities.

[mciw] 26/1/2021 09:58

I think Yump's 90 is about right so just to put a separate bid in I'll go 89

[mnomis] 26/1/2021 09:29

Eastwind - good post thanks. Makes sense to acquire these if bullish on BTC as will be making money and unlike the new, top of the range machines, will be available. Had not looked at The9 announcement properly yet, so thanks for doing the analysis, which makes a lot of sense now i.e. how did they just "start up".

Re January coins / margin, will do my calcs a bit later in week. Don't forget to increase your hash rate for this week though in your calculations ...

[eastwind] 26/1/2021 09:21

The9's miners are very inefficient. The average hash rate per machine is just 21Th/s. Even Argo's T 17 machine is 40Th/s.

I am wondering if The9 is just buying the old second hand used machine like the Bitmain S9 (13T-18T) and the T17 class machine (40T-55T). So the average is just 21Th/s. Or they made an error in the calculation or it is just a fraud.



"Publicly traded Chinese gaming company The9 (NCTY) announced an agreement to buy 26,007 bitcoin ASICs as part of its plan to launch a cryptocurrency mining initiative.

The9’s subsidiary NBTC will own and operate the machines, which are expected to total 549 petahashes per second (PH/s) of hash power."

[yump] 26/1/2021 09:20

January coins mined I reckon 90 as difficulty jumped recently.

2.20 rev
1.55 gross profit (at 70% margin)
0.55 depreciation + oheads
1mln profit

[nico115] 26/1/2021 09:19

TA is v easy Don't complicate it Higher lows are bullish mHigher highs are bullish Lower highs are bearish Lower lows are bearish Buy at low of rr in a bullish trend Sell at high of rr in a bearish trend Everything else is noise Hope that helps xxx

[aidenabettin] 26/1/2021 09:18

imo we are going to see a lot of offshore investment coming this way.$22M is but an aperitif .#M&A

[aidenabettin] 26/1/2021 09:15

Rodinia lithium changes name to Routemaster capital inc.Starting to see links to Pharma and Natural resources around the Crypto sector.Is lenigas here?

[nico115] 26/1/2021 09:15

Now don't lie !!I was never bullish at 42k ,that was SNF30k to 33k has always been the buy territoryAnd sell territory was 39k to 41kSo don't start making things up My point to Baps was more call option biting is actually negative and you came along and agreed

[2tyke] 26/1/2021 09:04

Yes nico, amazingly, for once we actually agree !
Just think back to btc at 42k, when you were so bullish that insti's were piling in with call options.
That was a turning point. Large investors are invariably wrong at turning points because they 'herd' together for fear of missing out against other large investment funds.
Who was selling at 42 k ?
The smart TA money.

[aidenabettin] 26/1/2021 09:03

Routemaster Capital, a DeFi Investment Company, Leads Investment in Luxor Technology, a Hashrate Execution Platform. hTTps://www.forbesmanhattan.com/news/routemaster-dec-29-2020/

[lukehold] 26/1/2021 08:59

Nico was right 6 times in a row and has still lost money. As the main poster here please help us out when you can.

[aidenabettin] 26/1/2021 08:58

Routemaster inc in the BOOK ?

[aidenabettin] 26/1/2021 08:57

To lighten the burden of reading junk.Filtered

[aidenabettin] 26/1/2021 08:55

Interesting link to Routemaster Capital inc. .Profile Rodinia Lithium/Routemaster Capital, Inc. engages in the provision of investment services. It plans to acquire equity, debt, or other securities of publicly traded or private companies .#M&A

[nico115] 26/1/2021 08:52

"A large excess of call options would be a bearish indicator for price"Oyoy at least we agree !! : )

[crapcrap] 26/1/2021 08:52

to lighten the mood. does anyone care to guess the amount of coins mined
in January?
I'm going for 110
$27,000 profit = $2.9m

[aidenabettin] 26/1/2021 08:48

Not sure i like you.Filtered