Argo Blockchain Share Discussion Threads

[brasso3] 16/11/2020 07:20

$318k is above the S2F model peak prediction of $288k. What is $30k between friends!

[uapatel] 16/11/2020 06:44

Brasso, good points. Management appear to be running things well, so no complaints on my part. Happy to have got in recently and adding more shares when I can.

That $318,000 price is mind blowing for end of next year. Was thinking if we get to 100K that would have been awesome.

Good luck all holders

[brasso3] 16/11/2020 06:31

uapatel

It will require a careful balance of HODLing BTC, upgrading equipment and rewarding share holders. HUT8 have not done this well in recent years and now have an inefficient mining fleet going into the bull run.

[brasso3] 16/11/2020 06:29

Bitcoin’s Moon Target Set at $318,000 in December 2021 by Citibank Report

[uapatel] 16/11/2020 06:22

Brasso, hopefully as the price is rising, they are able to HODL more coins, only cashing in those needed to pay the bills etc.

Ideally the decision on the premium shares is sorted soon and they can use the cash to buy more coins.

[brasso3] 16/11/2020 06:10

I expect once BTC gets past $100k every man and his dog will be in the BTC mining game. ARB are a leader at present in the mining business so it depends how they allocate the profits from this cycle until the end of 2021.

[nico115] 15/11/2020 22:44

If BTC gets to 1m bucks which is my 5 year price target what will ARB be ?300p?

[brasso3] 15/11/2020 18:23

I think BTC needs to touch $15.5k again where the VPVR support is.

[brasso3] 15/11/2020 18:11

I too think this will run until end of December. I cannot see BTC ever being back below $12k now.

[suffersnofools] 15/11/2020 17:48

Hopefully the re-rate will happen during the next rally higher. I'm looking for 23-25k on this next leg up. Then expect the first 30pc pullback to around current levels before the move to 140k+ Q3 2021

[rogerramjett] 15/11/2020 16:12

10p is still only half what we should be at.

[stockhunters] 15/11/2020 15:45

17000 btc soon

[uapatel] 14/11/2020 08:14

All looking good. Reckon we’ll get noticed when the November update in December comes out and/or we breech 20K on BTC. Either way holding and trying to add more when cash available.

Good luck all holders

[brasso3] 14/11/2020 08:06

A remainder of 2019 H1 results:-

Financial highlights

-- Total number of Bitcoins mined during H1 2020 rose from 306 to 1,669, a 545% increase from H1 2019
-- Revenues surge 280% to GBP11.12m reflecting major ramp-up in production (H1 2019: GBP2.93m)
-- Cash at bank amounted to GBP1.3m at 30 June 2020, up from GBP0.16m at 31 December 2019
-- EBITDA* increased by 96% to GBP3.23m (H1 2019: GBP1.65m)
-- Mining margin of 39% (H1 2019: 76%) despite the halving of the Bitcoin mining reward and amid challenging conditions

[trentendboy] 14/11/2020 07:59

Worth reading the MARA US resultsThey are the biggest US based minerOn current prices they are estimating 11 fold increase in revenuesThis is still not priced in to ARB imoStill too cheap

[brasso3] 14/11/2020 05:52

Rich Dad Poor Dad Author Says “Buy as Much Bitcoin as You Can Now”

[brasso3] 14/11/2020 05:37

The best investments are where 99% of people do not understand it. With great educational material like 'The Bitcoin Standard' by Saifedean Ammous it easy to gain a sufficient undertanding.

[hootza616] 14/11/2020 01:07

Exactly, we need to stop valuing BTC in whole coins, it makes people think they can't afford to invest.Most people I talk to don't understand it at all and certainly don't get that each BTC is divisible by 100000000 Satoshi.

[brasso3] 13/11/2020 20:57

I do see the day when 99% of the population cannot afford 1 BTC so its logical that Satoshis will be the name for common folk. Its no different to how gold miners talk in koz, kg, tonnes yet the end users talk in grams and ounces.

[hootza616] 13/11/2020 20:35

One Satoshi worth one dollar.I like the sound of that.

[brasso3] 13/11/2020 19:18

First time I have seen this (Hyperbitcoinization).

[brasso3] 13/11/2020 18:31

I think the November production update will wake people up.

[rogerramjett] 13/11/2020 18:30

10p would not do this justice. 20p is more realistic. What an opportunity.

[brasso3] 13/11/2020 17:57

ZEC at $65