Argo Blockchain Share Discussion Threads

[goldenshare888] 07/10/2019 15:31

Looks like shakes time is over and buyers getting in for results.

I wonder if the results are good? :-)))

[hootza616] 07/10/2019 14:23

Buy is now up to 8p on HL.Those in today will reap the max rewards!

[lithological heterogeneities] 07/10/2019 14:21

Can't wait for the results,hopefully this week.Should be extremely positive IMHO.

[1new guy] 07/10/2019 14:06

It's a shame how the price on here lags. Real time as I type is up at 7.5 bid.

[goldenshare888] 07/10/2019 11:54

Shaking the tree hard this am I see!

Good update coming perhaps?

:-))

[homebrewruss] 07/10/2019 11:19

Thanks horneblower.
I'm currently out and find the BTC volatility hard to stomach but interested to see the update.

[horneblower] 07/10/2019 10:55

I'm still waiting in the wings ready to pounce ☺.

[stoneme] 07/10/2019 09:26

Morning. Back in. Reached my buy target. For me it was always toppy without clarification. . Fingers crossed the news, which should be this week will be positive.

[hotdaddy1972] 07/10/2019 09:10

"RNS stated they had mined 161 bitcoin in June and 163 bitcoin in July. Since then the company has not released monthly figures on bitcoin production."....the difficulty rate must have increased by 30% since those last figures surely?

[homebrewruss] 07/10/2019 08:56

horneblower, are you invested at the moment or waiting for the BTC price to curve up again?
Thanks

[horneblower] 07/10/2019 08:47

Thank goodness they have been converting their mined coin into Canadian and US dollars.
Can't think how the crazy suggestion that they might not have got started.

However, to my knowledge, the main question has not been answered yet. How many coins did they manage to mine in August and September?

On 6th August an RNS stated they had mined 161 bitcoin in June and 163 bitcoin in July. Since then the company has not released monthly figures on bitcoin production.

I reckon we should get a statement from them probably this week regarding August and September production and I am expecting some really good figures.

Good luck all.

[ragnarr] 07/10/2019 08:25

Stay surprised Jack

[jackjackpaul] 07/10/2019 08:08

surprised this isn't 5-6p levels yet... will get there looking at the chart and the way bitcoin is tanking

[lithological heterogeneities] 05/10/2019 21:54

19 Sep RNS
"The Company plans to provide a third-quarter operational update in early October."

02 Oct INTERVIEW


Question -
The main question from investors...What proportion of Bitcoin is converted into cash?
Answer:
� We hold very little Bitcoin
� We convert into $Canadian (cash) our primary cost of production and $US (cash) our primary cost of assets ,so we have very little exposure to Bitcoin on the balance sheet.

Other:
�Q3 results (up to 30 Sep) "are preparing them".
� Will have 12,000 machines mining Bitcoin.
____________________________

Fantastic news !

The main question has now been cleared up. Do they just keep holding Bitcoin and use up operating cash from their �12m Placing or do they sell it for cash...and the answer is ....SELL IT FOR CASH to run the business and buy new equipment.

FANTASTIC !

And they are producing their first Q3 results to show this "in early October".

When these are issued and we see actual positive cash generation/revenue then this will re-rate significantly especially with an increase from 6000 machines to 12,000 in the coming months.

Cannot wait for this set of results to be issued. I think this could be a real game changer for ARB who are significantly undervalued compared to their peers.

[nico115] 05/10/2019 15:00

That's what you said at 10p and I'm down 30 pct !! : (

[aidenabettin] 04/10/2019 13:00

PHB/BTC 1 Month +149%

[topazfrenzy] 04/10/2019 10:38

accumulate

[manc10] 04/10/2019 07:37

anybody seen hammid the troll

[hamidahamida] 03/10/2019 22:05

OCT 01, 2019By Joeri CantState-Backed German Bank Says Bitcoin Will Leap to $90,000 in 2020https://cointelegraph.com/news/state-backed-german-bank-says-bitcoin-will-leap-to-90-000-in-2020

[aidenabettin] 03/10/2019 14:40

hTTps://cointelegraph.com/news/venezuelan-exchange-rolls-out-crypto-debit-card-with-petro-support.Neither offering, it appears, will feature support for fiat currency, including the country's troubled Sovereign Bolivar (VES). .Its gaining momentum

[1new guy] 03/10/2019 14:15

Some mention is made as to supply and demand always identical when applied to any matter. There's a few Generals over many centuries might disagree with that. "Barbarossa" comes to mind, as a case in point. When starving and freezing to death what would carry the highest demand? To be warm or to eat?

With BTC, do you sell a coin for dollars, euros or sterling? Would depend which of the fiat currencies gives best value. Apples and pears, value wise, would be always very close. Not so fiat exchange rates.

[aidenabettin] 03/10/2019 14:01

Massive funding pouring into BTC infrastructure .All good if your part of BTC in some way or another.An awful lot of FUD posted on here by the usual city mafia.Ignore and accumulate

[scottman72] 03/10/2019 13:13

Dont worry, John's going to time it perfectly to get the absolute minimum price and maximise his gains.
🤪