Argo Blockchain Share Discussion Threads

[oakville] 18/11/2020 06:42

Topa, So a pull back to 12,500 I will keep a check on that. Personally, and its getting more and more use here in Canada, my prediction is 3 steps forward, 1 step back and an end of year price of 24,000

[brasso3] 18/11/2020 06:38

Ouch! Bitcoin is volatile! :)

[topazfrenzy] 18/11/2020 06:01

Looks like the dump has started after this great run for BTC

Why does it have to happen before the London open lol

I'm calling a top for now for BTC with a 30% pullback on the cards

GLA

[oakville] 18/11/2020 05:07

I only live about a 1000km from their base and mining BTC is what they do. I was looking to get into bitcoin but here you can do it without messing with wallets. On current run rate if BTC continues its climb ARB will 5 bag.

[oakville] 18/11/2020 05:04

31MW
Active Mining Power (megawatts)
Argo’s energy-efficient mining facilities are located in North America.
645PH
SHA-256 Hashrate
This capacity ranks in the top-tier of global mining operations, around 0.6% of the world’s Bitcoin mining network hashrate.
280MS
Equihash Rate
Equihash is the algorithm used to mine ZCash, a popular alt-coin. 280ms is approx 5% of total worldwide ZEC hash power.

[oakville] 18/11/2020 05:01

Bitcoin, the world's best-known cryptocurrency, has jumped above $17,000 (£12,800) to hit a three-year high.

The digital currency has suffered plenty of wild price swings since it was launched in 2009.

But investors have been flocking to cryptocurrencies during the pandemic-driven volatility on global stock markets.

However, experts have cautioned about viewing them as a "safe haven".

Bitcoin - what is it and how do you use it?t
PayPal allows Bitcoin and crypto spending
Exchange 'blocked 1,000 Twitter hack transactions'
On Wednesday, Bitcoin had climbed more than 7% to $17,891, its highest level since December 2017.

Some analysts said the Covid-19 pandemic has encouraged investors to reassess the long-term outlook for Bitcoin and other cryptocurrencies.

But there are still concerns about the fraudulent trading in cryptocurrencies following a succession of high-profile hacks.

'Bouncing like a yo-yo'
During times of volatility, investors tend to move their money out of shares and into what are considered safer havens, like cash and gold.

Some feel cryptocurrencies are now being viewed as a shelter from stock market volatility.

"Covid-19 has disrupted the traditional safe-haven trade and gold's inability to outperform. Periods of extreme risk aversion have forced many traders to diversify into Bitcoin," said Edward Moya, at trading firm Oanda.

One attraction of Bitcoin is its limited supply, which is capped at 21 million.

[oakville] 18/11/2020 04:59

BTC moving again..!!!

[uapatel] 18/11/2020 04:51

BBC - Cryptocurrency: Bitcoin hits three-year high as investors jump in



Just hit $18,400

[brasso3] 18/11/2020 04:41

David Puell
@kenoshaking
Mexico's third richest man, owner of a media conglomerate, a bank, with the ear of the Mexican President, just disclosed his 10% BTC position, shilling
@saifedean
's "The Bitcoin Standard" in the process.

"Bitcoin protects the common citizen against government expropriation."

Ricardo Salinas Pliego
@RicardoBSalinas
Hoy les recomiendo EL PATRÓN BITCOIN, este libro es el mejor y más importante para entender #Bitcoin.

El Bitcoin protege al ciudadano de la expropiación gubernamental.

Muchas personas me preguntan si tengo bitcoins, SÍ. Tengo el 10% de mi portafolio líquido invertido en el

[brasso3] 18/11/2020 04:37

$18,200!

Strap yourselves in!

5... 4... 3... 2... 1...

[purplepelmets] 18/11/2020 04:05

This will be interesting to watch on opening after RIOTs 55% rise yesterday. Plus BTC still pumping

[trentendboy] 18/11/2020 00:24

It is hard to get equipment that quicklyARB have it all planned out and ordered and cheap energy plus well managedOne US big boys come in this will soon close any valuation gap

[hootza616] 17/11/2020 22:49

Brasso here is the answer I recently received from ARGO:We get a lot of questions about dual listing, unfortunately as nothing has been formally announced we can't really go into much detail, all I can say is we are aware of the valuation discrepancies and it is something that has been/is being considered and in due course shareholders will be notified if its a course we decided to go down.

[brasso3] 17/11/2020 22:10

When you see the attention RIOT gets over the water you have to think a dual listing is the way to go here on the TSX.

[geheimnis2] 17/11/2020 21:40

20p on its way?


Just a thought of course?

[hootza616] 17/11/2020 21:05

Does anyone know how many BTC have been purchased through PayPal this week?

[oakville] 17/11/2020 21:04

ARB should move up over 10p tomorrow,....

[suffersnofools] 17/11/2020 20:46

Those shiny racks of antminers coming online in feb with BTC above 20k are looking perfectly timed as well!I suspect we popped up on a few traders radars today. 20p should come quickly from here.

[orm5] 17/11/2020 20:27

The BTC price rise has been great timing with the Zcash halving. It should more than offset the reduced margin from Zcash between Nov and DecLooking for GBP 1.77m @ 38% margin in November and GBP 2m @ 44% margin if BTC stays at current levels

[horneblower] 17/11/2020 20:23

Riot up 50% !!!

[brasso3] 17/11/2020 19:40

The longer BTC remains at higher prices the move leveraged ARB becomes as an investment.

[trentendboy] 17/11/2020 19:35

The key is that miners are leveraged BTC playsARB catching up but should be double figures very soon

[topazfrenzy] 17/11/2020 19:31

At last!!!!

[yump] 17/11/2020 18:50

Been here a while waiting for the potential profit gearing to kick in with a BTC rise and wondering whether would have been better in BTC, but perhaps this will get properly noticed now. Its like a production line set up last year, selling products at £1 and now able to sell them at £2, without actually doing anything different or increasing any marketing or sales effort.