Argo Blockchain Share Discussion Threads

[topazfrenzy] 08/1/2020 12:03

Scary if you short, if you buy the worst that can happen is it goes to zero, so you can plan accordingly

[yump] 08/1/2020 11:26

Thx but too scary for me. Might have to have a hunt for unquoted companies.

[topazfrenzy] 08/1/2020 10:12

You can spread bet on it, City Index:
hxxps://www.cityindex.co.uk/cryptocurrency-trading/

[yump] 08/1/2020 09:59

A bit o/t but does anyone know of any way of investing in Ethereum indirectly ? ie. as with ARB instead of BTC ? thx for any crumbs...

[topazfrenzy] 08/1/2020 09:51

That Ukrainian plane was shot down by a rogue Iranian missile, pile into Bitcoin and Monero NOW!

[ragnarr] 07/1/2020 23:08

This has to be the politest and most informative board on ADVFN - long may it continue :-)

[garth] 07/1/2020 21:07

Thanks all for your responses to my 21M question.

G.

[jumpenjim] 07/1/2020 18:56

Bitcoin just passed the 8000 mark can only be good for arb

looking forward to the next report when the next 3616 new t17 machines are all

up and running on the 10 of January

jj

[mnomis] 07/1/2020 11:45

Let seed investors dump. Place shares in stronger hands. Mis-priced from what I can see.

[topazfrenzy] 07/1/2020 10:42

Hail the King and Prince of Crypto, Bitcoin and Monero ... the only two worth having in your cryptofolio medium to longterm

[john henry] 07/1/2020 08:20

Unfortunately seed investors @ 0.1p still dumping stock imho

[ragnarr] 07/1/2020 00:10

would be a good day to release Q4 figures.

[scrutable] 07/1/2020 00:04

More than 1.5m shares in 38 consecutive buys this afternoon without a single sell, and BTC up by $250 to touch $7800, right now, - briefly passing a 4 week high. Looks like another spike developing in response to the Iranian situation.

Bullish SP,performance expected tomorrow.

[john henry] 06/1/2020 23:05

If BTC stays around $7500 until the day of the halving, what do you think happens the day after the halving when the daily selling supply from the miners halves.

[ragnarr] 06/1/2020 23:04

All about timing John :)

[john henry] 06/1/2020 22:00

Solid resistance once again at 7600

[john henry] 06/1/2020 21:19

Hootza i shouldnt worry to much youll be long gone. im guessing in 140 years Bitcoin will be archaic.

Quantum computers will be history.

[mnomis] 06/1/2020 18:38

@ Scottman - don't quite follow your revenue / profit forecasts - would you care to provide the break-down? Thanks.

[scottman72] 06/1/2020 17:20

It’s all in the plan.
And we have decent share price at the moment to benefit

[orm5] 06/1/2020 17:19

From 20th Aug:Argo will also have an option to boost mining capacity by up to 1360 petahash (PH), or 1.36 exahash (EH), positioning it to be the world's largest publicly listed crypto miner by 2020With 17,000 machines by the end of March 2020 we will have 640PH, so there is the possibility to more than double from the currently planned 640PH

[orm5] 06/1/2020 17:15

I recall the new power contract allows the capacity for Argo to do that I.e. to double from the currently planned 17,000 machines.It would be nice to see that with a future indication of dividend policy

[scottman72] 06/1/2020 17:07

If they do that they could potentially be looking at a rate of at least 7m per month at the end of the year even after taking halving and hashrate growth into account.
I.e. over 80m profit per year.

[scottman72] 06/1/2020 16:55

They need to continually reinvest to build at the moment. Then when they can keep comfortably building above the hashtate growth they can release funds for dividends