Argo Blockchain Share Discussion Threads

[qs99] 04/3/2024 08:56

Dummy selling and looks like they are offering near 19p on the bid, DYOR, so should see the back of 20p IMO...let's see...DYOR as ever

[broomrigg] 04/3/2024 08:56

Bitcoin smashes 65k......ARB languishing below 20p.

Time for ARB to employ QBT methos B

[jungmana] 04/3/2024 08:40

Good start to the day. Long may it continue :-)

[qs99] 04/3/2024 08:34

idriveajag, IF that costing is correct, I'm not sure it is (see my post above) then at $120k surely it would even by that graph be making nearly $60k profit per BTC mined? DYOR

[aimscam1] 04/3/2024 08:10

Traders day today . Up it goes and down it will fall very quickly once sellers come

[idriveajag] 04/3/2024 08:10

This shows what trouble most of the miners are in (ARB being the worst) and since the report the network difficulty has increased.



Bitcoin would need to be over $120k after the halving, for some miners (e.g. ARB) to survive.

Alternatively, it shows how much the miners need QBT's Method B.

[r9505571] 04/3/2024 08:02

No RNS and share price still wallowing in the teens! :(

[amazoner] 03/3/2024 20:46

clsk is the best
also consider wulf, which will double the capacity around mid year and keep paying debt

but i think all miners will fly soon bitcoin price hit $80k and beyond

[1knocker] 03/3/2024 20:23

With the halving imminent, doubling mining cost /halving the number of BTC which miners can mine with current rig capacity, strong balance sheets are going to be at a premium.

If BTC keeps rising, the miners whose SPs will benefit most will be those with big stashes of BTC, those which can afford to retain a large proportion of the BTC they mine, anmd those who can afford to increase and upgrade their rigs. All that depends balance sheet strength. The miners which need to raise capital from a position of weakness will struggle, or even fail altogether.

[amazoner] 03/3/2024 19:52

BTDR is in trouble

Bitcoin mined in January 2024 declined by 24.0% compared to December 2023, primarily as a result of a temporary curtailment of power at the Company’s mining facilities in Bhutan due to a seasonal increase in electricity costs during the month, and lower average transaction fees for mining activities compared to the prior month. The Company generally does not hold cryptocurrencies obtained through its self-mining business, and promptly converts them into fiat currency.

[trad3m3] 03/3/2024 16:05

BTDR that is, typo, apologies for any confusion.

[trad3m3] 03/3/2024 16:04

BRDR looks very tasty. And still at reasonable price!

[trad3m3] 03/3/2024 15:58

Thank you, much appreciated. So there you have it ppl.Invest wisely!! GLA!!

[martywidget] 02/3/2024 13:33

Trad3m3 re post# 33727:

[zydecoco] 02/3/2024 13:11

No RNS on that as far as I know.

[trad3m3] 02/3/2024 12:51

Does anyone know or could point me to RNS in regards to how much does it cost Argo to mine one BTC. Once this is established, nothing else needs discussing.Simples!

[cielos] 01/3/2024 23:28

What is certain is Market Makers manipulate this stock with the help of order book this morning at opening 15.25p, after closing yesterday at 17p.

[zydecoco] 01/3/2024 15:38

PlanB declares BTC Easy Accumulation over and Bullrun start, based on model:Https://x.com/100trillionusd/status/1763547197126156519?s=46&t=CR3bicrpGkQjTgEi20pHTg

[ken chung] 01/3/2024 15:07

Bitcoin stuck around $61k, equivalent to $31.5k after the halving.At that level ARB presumably go bust by the end of April.Lemmings and mushrooms only.

[ken chung] 01/3/2024 12:10

Could be bust by the end of April imo.

[qs99] 01/3/2024 10:56

From interims: 5 yr bond to Nov 26 of $38m is IMO the bulk of the debt.

LT loan $18m 32 months from Dec 22 and short term loan c.$13m need financing or RE-financing.

With BTC on a clip, there is IMO a good chance they will be able to refinance this.

DYOR, but with the placing, while not without its risks, it is in better shape than this time last year DYOR

not for widows & orphans I agree tbc

[jungmana] 01/3/2024 09:57

Blue and some good buying going on.
Well done those who bought in about 16p this morning.

[orkneyarab] 01/3/2024 08:41

How can you see posts from someone you have filtered Mr sausage breath?