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ARB Argo Blockchain Plc

12.00
0.50 (4.35%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Argo Blockchain Plc LSE:ARB London Ordinary Share GB00BZ15CS02 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.50 4.35% 12.00 11.50 12.50 12.00 11.50 11.50 827,663 15:11:29
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Services, Nec 47.36M -194.23M -0.3362 -0.36 66.44M
Argo Blockchain Plc is listed in the Business Services sector of the London Stock Exchange with ticker ARB. The last closing price for Argo Blockchain was 11.50p. Over the last year, Argo Blockchain shares have traded in a share price range of 7.40p to 35.50p.

Argo Blockchain currently has 577,770,790 shares in issue. The market capitalisation of Argo Blockchain is £66.44 million. Argo Blockchain has a price to earnings ratio (PE ratio) of -0.36.

Argo Blockchain Share Discussion Threads

Showing 67801 to 67819 of 68050 messages
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DateSubjectAuthorDiscuss
22/4/2024
13:25
Tenapen many thanks for your words of advice.
martywidget
22/4/2024
08:18
massive update on gst
1choip
22/4/2024
01:29
@Franco
Very funny :)
Take care

porky9
21/4/2024
19:04
ARB on a trajectory to go bust at that level? YES.

Bitcoin needs to very quickly find a new trading range with c.100,000 usd being the low end of it for ARB to survive. Not looking good and probably too late.

SELL.

broomrigg
21/4/2024
18:06
Ohh no if Porkys here, we're all doomed folks!
one_frankel
21/4/2024
17:47
Bitcoin only $64,462 and yesterday the mining reward has halved from 6 to 3 bitcoins per winning block.ARB on a trajectory to go bust at that level?Lemmings and mushrooms only.
ken chung
21/4/2024
10:38
@zydecoco
Thanks for your informed reply. I have not listened to that, I will check it out.

porky9
21/4/2024
10:20
Porky6, agree with the very poor standard of posting especially from KC and Broom, and a few others.As you allude to: the Electrical costs are the main driver. Currently it does look like omething does have to give, however if BTC hits 100k pre December, which I do think it will, then it will resolve fairly bloodlessly.It always looks open this at this point in the cycle though, it's just now there's more awareness of it in my view.Did you listen to the hour long industry call, which ARB and other main miners participated in, that I posted a link to earlier this week (see Post 34102)? It discusses the miners landscape fairly well.At this point in the cycle it is important to keep an eye on Network Hashrate.
zydecoco
21/4/2024
08:49
Bitcoin will still be here when the miners go bust, and they all will down the road (ARB first?).
broomrigg
21/4/2024
05:18
@Ken Chung
I try to read this thread for some open discussion on the future of bitcoin mining and to explore associated electric costs v production but your constant juvenile posts "mushrooms and lemmings, mushroom and lemmings...." its every other post, really make the thread unpleasant to read - pack it f'cking in! Detail your analysis why or don't bother. How old are you 14?

Personally, I have a bearish view on the future of mining in view of the four year halving rule, i also have never liked the influence of whales that can control the bitcoin price. I also think that miners will be forced to dump the bitcoin they have to stay in business due to these high production costs and hence flood the market and potentially depress crypto prices further countering funds buying crypto, ARB now have only 26 bitcoin left in stock from 115 bitcoin a year earlier the casing point.

BUT, that being said i have made bloody amazing returns trading this stock especially during its early 21 bull run and its reflective price today looks cheap to me in relation to where they are at, question is IF they can find a way to mine bitcoin more effectively, would future halving rules change, ultimately everything has a price, if these rules put miners out of business there is no future for crypto full stop so something has to give here.

porky9
20/4/2024
09:07
Bitcoin only $64,010 and the mining reward has just halved from 6 to 3 bitcoins per winning block.

ARB on a trajectory to go bust at that level?

Lemmings and mushrooms only.

ken chung
19/4/2024
18:23
Argo Blockchain PLC Sponsored ADR - Hold
noirua
19/4/2024
15:09
The mining reward is going to halve tonight. Bitcoin needs to be a lot higher for ARB to survive, at least 80,000 usd but more like 100,000+ usd.
broomrigg
19/4/2024
13:17
Why will there income half? Because it will take twice as long to mine? Is that your thinking? If it takes twice as long to mine, what will that do to the bitcoin price? Your thinking it will stay the same......?
mms98
19/4/2024
07:42
The nice bit would be if you didn't reply and just stopped posting .....
tenapen
19/4/2024
07:40
He's waited up all night for me to reply lollllll
broomrigg
19/4/2024
07:21
Indeed they are. Do I care? No.

However, the above chart is from 28 Dec 2022, when you first appeared on this board and said;

Sell ARB, buy QBT.

martywidget
18/4/2024
13:55
Too many coins held in stock. Cash is the King.
1choip
18/4/2024
07:29
ARB are still describing themselves as......"a global leader in cryptocurrency mining"......really?!
broomrigg
Chat Pages: 2722  2721  2720  2719  2718  2717  2716  2715  2714  2713  2712  2711  Older