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think margin will be slightly higher as Jan was average of 30K and Feb higher at maybe 45K , so if assuming there hasn't been a large increase in costs would expect margin to be closer to 75%
So in summary we are estimating anywhere between 84-124 mined
Do we all seem to think margin c 70%? any significant change?
And good question raised - did PW buy the dip? Total hodl could well be above 600 even if we mine 90ish.
RC
Just had a look, within the first 7 days of the month usually.
Thanks
take a look at previous ARB RNS statements. It's all there.
Around what dates does ARB usually release the monthly figures on how many BTC mined?
Given Feb is a short month, I would be surprised with anything over 100.
Most likely around 90, give or take, but March is when we'll see the real difference.
However, I fully expect some of the recent herd to sell out at a loss when the sp drops :)
I have been struggling with my own estimate. Trying to balance how the price rise impacts difficulty, shorter month and having a good proportion of the extra machines have been online.
ie I haven't clue really.
Going for 94 btc equivalent mined - cautious due to new kit etc with a jump in results next month.
ATB
RC
In Dec 3 BTC per a day so that would be 84 , yhen factor in drop off rate of circa 10% a month is 76 as a minimum .
Then the unknown element for extra capacity and new rigs coming on line . So maybe around 10-20% . Estimate 90
Doesnt really matter only a bit of short term fun . Hoping to see margin at 75% as well
I'm going with 114.
Anything over 90 I'm a happy bunny though!
and another x-factor which is impossible to know is the amount of power they are able to call upon to run the machines can be impacted by things like cold weather in Canada in the winter too...
In addition of the factors already stated, Peter mentioned in one of his videos that they don’t run all of the rigs at full chat all of the time (even if no maintenance or breakage) They focus on efficiency.
Agreed. I’m predicting 90 BTC mined bearing in mind short month. The more interesting figures will be margin and revenue which should be up significantly. The BTC mining numbers should be a lot higher in March and April with EX 1.075 on line.
I do think its important to keep the expectations in check for the numbers. Conservative is always better, so anything more is a bonus rather than the other way round.
So anything over the par of 84 would be great, anything near 100 would be fantastic progress, over that I think is too ambitious.
Just my view
Tp
As Amanensia suggests, swings and roundabouts this month, but next month will be the fun one with all the new machines fully operating.
99 this month, maybe 150 for March.
February is also shorter by 3 days compared to January.
So that about 10% fewer days of mining
I'd be delighted with 100...
Barmancy, i'd be happy with 105 coins mined
We mined 93 in January iirc, and that with with some of the extra machines already in place?
My guess would be a 20% increase in coin mining rate, but a 10% decrease in number of days, so perhaps 100 coins. That might be a bit conservative though (I hope so.) But 100 shouldn't be viewed as a "fail" - 84 would be par with January.
Anyone want to hazard a guess on February figures?
I’ll throw in
Mined 124 coins
Profit £3.7m
Coins in hodl 610
Plus something else which Peter likes tho throw in, maybe purchase of some extra coins or something