Argo Blockchain Share Discussion Threads

[stampylong trader] 20/8/2019 08:34

Obviously these rampers did a better job than I did lol.

[nico115] 20/8/2019 08:30

Oh dear this B.B. has deteriorated Sell Argo Target 7pWait till the ramper s disappear and then can rise to 12p

[goldenshare888] 20/8/2019 08:24

and still at a BIG discount to float price - go figure....!

Not for too much longer me thinks.

[suffersnofools] 20/8/2019 08:23

Topafrenzy - don't wanna p1ss on your parade but that's not how it works.

[goldenshare888] 20/8/2019 08:23

This share could be an RLE - (RETIREMENT LEVEL EVENT)!!

:-))

[suffersnofools] 20/8/2019 08:22

lol at your inability to read as well then :)Only downside of the share price rise is the arrival of the trolls....

[liveit2] 20/8/2019 08:21

i did say it will go up in multiples of pence - but didn't expect it to be until next month

[topazfrenzy] 20/8/2019 08:19

Just imagine where this will be when Bitcoin gets to $50,000, which it will before we know it.

[nico115] 20/8/2019 08:18

Haha days he who said don't buy arb yet !Couldn't make it up Did make me laugh though so thank you x

[topazfrenzy] 20/8/2019 08:14

What people maybe fail to realise is that II's and other similar investors of Bitcoin and crypto want CLEAN NEW COINS, with immaculate provenance, mined in the the West such as Canada, they do not want to hold coins that may have had a shady past or that come from countries with no proper scrutiny, they don't want future regulatory problems.

This is why Argo are well placed to corner this important market with ever increasing ease.

[suffersnofools] 20/8/2019 08:13

lol @nico Ignore the pro research and obvious discount to peers and take advice from random muppet on ADVFN :)

[nico115] 20/8/2019 08:10

They haven't the best track record I ignore their research However I'd bitcoin holds these levels we should see a steady climb to 16p where this will be a sell

[hootza616] 20/8/2019 08:07

Quoted 9.5p just now!

[topazfrenzy] 20/8/2019 08:06

Prepare for a 1 Billion Dollar company here, it's heading there!

[cf456] 20/8/2019 07:51

"Ref Argo Blockchain #ARB - We believe the company is a "sitting duck" given dramatic undervaluation to peer group. IF #bitcoin remains north of $7,000 let alone $10,11,12,000 seems inconceivable a greater valued player would not slide rule over them."

[goldenshare888] 20/8/2019 07:39

Sounds like a combo of crypto and cannabis! How on trend are these guys? - LOL!

I hold and will add.

:-))

[liveit2] 20/8/2019 07:25

exahash - go on admit it guys - what does that word even mean - it sounds good whatever it is - these guys are really motoring and no stopping them. onward and upwards

[supertag] 20/8/2019 07:22

Great stuff!

[suffersnofools] 20/8/2019 07:08

That's a tasty announcement :)

[dafad] 20/8/2019 07:04

The new agreement will be entirely funded out of crypto mining proceeds from Argo's existing facilities in Quebec.

[dafad] 20/8/2019 07:02

WOW!!


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Share NameShare SymbolMarketTypeShare ISINShare DescriptionArgo Blockchain PlcLSE:ARBLondonOrdinary ShareGB00BZ15CS02ORD 0.1P

 Price Change% ChangeShare PriceBid PriceOffer PriceHigh PriceLow PriceOpen PriceShares TradedLast Trade +0.00p+0.00%7.95p7.70p8.20p---001:00:00

Industry SectorTurnover (m)Profit (m)EPS - BasicPE RatioMarket Cap (m)Software & Computer Services0.8-4.1-2.2-23

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Alert

Argo Blockchain PLC Agreement Signed To Expand Capacity20/08/2019 7:00amUK Regulatory (RNS & others)

Argo Blockchain (LSE:ARB)
Intraday Stock Chart

Today : Tuesday 20 August 2019

TIDMARB

RNS Number : 5560J

Argo Blockchain PLC

20 August 2019

PRESS RELEASE

20 August 2019

Argo Blockchain PLC

('Argo' or 'the Company')

New Agreement Signed to Expand Power Capacity by 357%

Argo will also have an option to boost mining capacity by up to 1360 petahash (PH), or 1.36 exahash (EH), positioning it to be the world's largest publicly listed crypto miner by 2020

Argo, a UK-based provider of enterprise scale cryptocurrency mining services (LSE: ARB), is pleased to announce it has entered into a new agreement that will increase its electricity supply by 357 per cent.

Under the terms of the agreement with GPU.one, a leading Canadian data centre provider, the Company's access to clean power supplies increases from 14 megawatts to 64 megawatts, on similar terms to its existing agreement, at its two data centres in Quebec and its new data centres in Eastern Canada.

The agreement covers a three-year period from June 25(th) , 2019, with an option to extend thereafter for an additional two years.

The addition of 50 megawatts of power will allow the Company to run up to 15,000 more mining machines concurrently, taking its total Bitcoin (BTC) mining capacity from 505 petahash (PH), as announced on July 4th, to 1.36 exahash (EH), which would currently make Argo the largest publicly listed crypto miner in the world.

The new agreement will be entirely funded out of crypto mining proceeds from Argo's existing facilities in Quebec.

Mike Edwards, Executive Chairman of Argo, said: "We are taking another major leap in expanding our mining capacity as the cryptomining industry goes from strength to strength. By 2020, our aim is for Argo to be both the most efficient and the largest publicly listed crypto miner in the world. Our combination of green energy at competitive rates, a world class team and the most efficient hardware positions Argo for the long-term."

[liveit2] 19/8/2019 17:01

looking forward to september statement when i suspect btc will be around 11500

[liveit2] 19/8/2019 16:46

just waiting for days when this moves in mutiple pence rather than fraction of pence