Argo Blockchain Share Discussion Threads

[trustmeimastomach] 23/2/2020 15:15

Parsons4 it was £1.64 million sterling not dollars .. we are mining 10 btc a day that's $3 million a month calculated guess

[scottman72] 23/2/2020 11:05

Yes
But it’s a guess
;)

[crooky1967] 23/2/2020 10:42

Possibly around $2.7m turnover for Feb. Expecting around 285 coins to be mined with the machines in place.

[parsons4] 23/2/2020 10:31

A huge amount of guessing on this site. Has anyone calculated what might be the t/o for February considering they did $1.6m in January with far fewer machines and a much lower BTC price. A declared dividend in a few weeks will do wonders for the share price, I hope they keep it secret to catch all the naysayers out completely. Sure there is halving coming but they have a huge manufacturing capability and lets face it the value of all the BTC's that will ever be mined (at $10000) will be $210 billion
(1/5 of one years borrowing by the wonderful U S of A) !!!!!!!!!

[hootza616] 22/2/2020 08:07

All very well and good JH but if the share price doesn't move above 7p what's in it for the investor?Still feeling confident here but do not understand the correlation between share price and forecast mining revenues.

[john henry] 22/2/2020 07:25

Many respected BTC commentators are expecting a BTC price of around $18-20 K by the end of 2020. That gives an equivalent BTC pre halving price of $9-10k. If hash rates remain the roughly same then ARB can expect the same area of revenues they are currently making at year end. BTC will swing wildly however I'm expecting ARB revenues too average $1.8 million a month for 2020.

[dearg doom] 21/2/2020 15:30

Suspect, the vast majority of holders are stuffed with stock and fear buying more.

[338] 21/2/2020 12:20

Dow, Nasdaq and S&P 500 can move south significantly today

[riddlerone] 21/2/2020 08:54

Purely from a traders point of view March should be a Stellar month for ARB.Full capacity in February with a decent average BTC unless it crashes next week!!.With the monthly updates now back on (Only off when it suited them because it showed their weak performance)could be an interesting beginning to March

[roger207] 20/2/2020 19:44

Cryptos woeful Wednesday & Thursday. Big fun Friday.

[hootza616] 20/2/2020 12:55

Topped up with my last available funds. 6.375pCouldn't get an offer for hours so surprised at the price.Can't believe the share price hasn't risen with so many buys today.

[yump] 20/2/2020 11:44

Depends what price you bought at.

Maybe its just taking time to gather investors not traders - its not an obvious easy buy as an investment, in terms of understanding it.

[topazfrenzy] 20/2/2020 11:36

This share is a bit of a disaster ... lol

[scottman72] 20/2/2020 11:16

Doesn’t answer the question Roddyb

[hootza616] 20/2/2020 09:37

All buys reported this morning and we are down 2% according to HL.Go figure!

[roddyb] 20/2/2020 08:59

see posts 3221 and 3222

[dearg doom] 20/2/2020 08:23

Takes a lot more convincing to convince someone to sell Argo Blockchain, than to convince an investor to buy or add on known fundamentals.

Seems at least, sellers know something I don't, but I surely need to know what.

I don't fear halving event in May 2020, or bitcoin monthly pricing movements or any intended future govt regulation. I presume the current shareholders feel much the same given cheap mining costs and production level targets.

So why the sagging share price?

Doesn't seem to correlate to anything except perhaps misinformation already consumed by current shareholders.

[benny70] 19/2/2020 16:35

This is ARB, you are on the wrong board.

[roger207] 19/2/2020 16:18

ARGO NOT ARBO

[benny70] 19/2/2020 15:58

Go and post on the ARG board, this is ARB.

[crooky1967] 19/2/2020 15:08

Can't argue with that Roger, I am sure it will be over 7p by April.

[roger207] 19/2/2020 14:53

crooky - ARG looks like a chicken nugget now

[crooky1967] 19/2/2020 13:19

LOL, should end up being a golden nugget of a share