Argo Blockchain Share Discussion Threads

[topazfrenzy] 11/1/2021 07:27

The thing is despite BTC being at these levels ARB hardly makes any money, it's actually quite pathetic and the valuation is in bubble bubble territory, this company is worth at most 25p a share (with BTC sitting at its current levels), much less if BTC dips to under $25,000

[aidenabettin] 11/1/2021 07:09

[A]t a time when our mining margins for the first 10 days of January are well over 70%,

[suffersnofools] 11/1/2021 07:07

No. They've stated it's a long term hold.

[aidenabettin] 11/1/2021 07:05

Desperately needed as volumes are going through the roof

[suffersnofools] 11/1/2021 07:04

Argo Blockchain PLC 1,058 mining machines shipped earlySource: UK Regulatory (RNS & others)TIDMARBRNS Number : 2057LArgo Blockchain PLC11 January 2021PRESS RELEASE11 January 2021Argo Blockchain PLC('Argo' or 'the Company')1,058 mining machines shipped earlyArgo (LSE: ARB), the leading cryptocurrency miner based in the UK, is pleased to announce that 1,058 S19 and S19 pro miners from the company's order of 4,500 leased mining machines, made in November 2020, will be delivered ahead of schedule. These machines will be fully installed and hashing by the week of January 25th, three weeks early. These units will add 103 petahash to the company's current SHA-256 mining capacity of 645 petahash, bringing the total to 748 petahash before the end of January.The remaining 3,442 machines in the order are expected to be delivered on time, and to be fully operational by mid-February 2021.Peter Wall, Chief Executive of Argo, said: "This is great news. At a time when our mining margins for the first 10 days of January are well over 70%, having these new, efficient machines up and running early will increase our monthly revenues and help to continue to achieve these excellent margins. 2021 is off to a great start."

[emeraldzebra] 11/1/2021 07:00

I think the interest in Bitcoin is now too underpinned and widespread for any correction to last for long. Think of all the bookish nerds itching to buy low ! Meantime Repeat my question re Mode ? Will that rise if people continue to TRADE crypto regardless of direction of the market ?? Thoughts appreciated. Thanks

[aidenabettin] 11/1/2021 06:59

And we are still at $33k $BTC.Lets not get too greedy. ROI has been phenomenal so far

[aidenabettin] 11/1/2021 06:57

Ive got BIDS and BRSD to deal with this month so ARB can go on the back burner..No rush

[topazfrenzy] 11/1/2021 06:56

The crypto market will not pick up again for a few months imo

it'll be choppy until then but heading downwards, it happens every time, then a blow off top likely to start after the summer ... but then with regulations coming in, anything could happen, the Ponzi could die this year in fact and some crypto like Monero will survive but most will just die

[aidenabettin] 11/1/2021 06:55

Im not interested. Ive picked long term hold stocks with an exit price in mind.You trade away

[topazfrenzy] 11/1/2021 06:54

I like BNB too, but I sold everything last night, will buy back some favourite alts once they've corrected over 50%

[aidenabettin] 11/1/2021 06:53

As i said im accumulating $BNB.At any price

[topazfrenzy] 11/1/2021 06:53

Aiden, you've been here since 4p, just get out, cash in, good luck and well done

[topazfrenzy] 11/1/2021 06:51

oh dear we have entered the delusion phase, it all happened so fast this time ..

it may rise again but not until it's hit $15K again, yes it is coming over the next few months before the next leg up (if this ever happens)

you pick it up on the way down if you wish, but it really would not be particularly clever to do so lol

[aidenabettin] 11/1/2021 06:50

All just part of the game.Once you know how they play you just sit back and let them get on with it. Crypto is no less corrupt than the systems we have in olace at the moment. But the global financial system is moving to crypto and thats not in doubt..Buy and Hold

[countdracula55] 11/1/2021 06:49

Buy more, bitcoin is here to stay son....its the king of digital, what a perfect opportunity.It can rise 10k in less than 30mins, no harm in a correction after a good rise ay.

[topazfrenzy] 11/1/2021 06:47

LOL The Economist called the top, this time the institutions fell for the Ponzi LOL

'Cryptocurrencies are getting clubbed like a baby seal this afternoon as it appears The Economist 'curse' has worked once again.'

www.zerohedge.com/crypto/cryptos-are-crashing' target='window'>https://www.zerohedge.com/crypto/cryptos-are-crashing

[topazfrenzy] 11/1/2021 06:45

When Grayscale starts dumping, and they will as their clients panic and get rid of this Ponzi, which is what it is, then you better start praying for mercy

of course you can do the sensible thing and get out now or on any dead cat bounce

[aidenabettin] 11/1/2021 06:43

I loved it at 4p

[topazfrenzy] 11/1/2021 06:43

If you loved this share at £1 last week then you will LOVE IT EVEN MORE in a few weeks when it sinks to 10p

[aidenabettin] 11/1/2021 06:39

I disagree. This is still an early accumulation stage. I bought at $3k and the banks are buying at $20k.Should have listned to me

[aidenabettin] 11/1/2021 06:26

Easy through the $6B volume and onto $7B.Next ATH?.$45K

[emeraldzebra] 11/1/2021 06:22

Could this be the moment for Mode ? Direction of travel (on Bitcoin) not so important with this one ?