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Tyrioni this should make us happy. Justifies x3 from here just for starters.
All about broad awareness. It’ll come.
ATB
RC
Because we are stationed in a little crypto black spot called the UK. No one knew who we were - we aren’t in the American hotspot just yet?
Valued at 2 billion on the article.
Argo are currently valued at 802million.
Riot and Mara are in the billions.
Why are Argo always undervalued, it always makes me feel Sad.
2025??? Seems a lot of institutional confidence that Bitcoin is here to stay!
A personal thing (I know it's my problem) but...
m = mili, i.e miliwatt, milimeter (1 1000ths)
M = Mega, I.e Mega-Watt ( x 1,000,000)
and big W for Watt, as in James Watt (Scottish stream engine designer among other things).
800 MW
1 Watt is 1 Joule (of energy) per second (in time), and is also the power of one Amp (electrical current) falling through a potential difference (Voltage) of 1V.
I'm sure that's made your Sunday ;)
There is also Northern Data planning 1GW in Texas, they are already a big deal, the biggest in the world IIRC?
LB,
that’s so bad it’s good!
bw
gsp
Bella - has Peter got a twin brother who runs a company then???!!!!!! That would be the action we would take, I reckon as no one can’t keep up with him
https://fintel.io/industry/list/blank-check
Plenty more blank check listings...
From the article .....
“potential to reach a cumulative deployed capacity of 745MW by the end of 2025.” Furthermore, its “U.S.-based data centers are planned to come on-line between Q4 2021 and Q2 2022 with a total of 445MW of power capacity and planned expansion of an additional 300MW deployed between 2023 and 2025.”
So we are planning 200MW in the next 12 months and they are planning 445MW in the same time period. I wonder when we will get the other 600MW
All very interesting
https://www.bloomberg.com/profile/company/GWACU:US
A blank check company is a shell company in our terms...
Its not really a merger its a reverse take over...they are reversing into a Nasdaq listed company.
If Argo could find a Nasdaq listed company to reverse into that would be a quick way to get a Nasdaq listing and if said company added value even better...
IMO this is excellent news for us (Cipher deal not LB and Oasis although that could be too)
More exposure for the sector and more serious investment. This is just another step of credibility and surety for BTC and miners as a whole.
And then comparisons can be made - a $2bn mcap for a company with 745MW by 2025 or ARB anyone?
RC
The moment I saw this I thought would it be on the same site but as Argo. 2025 is a long way off. Just shows the investment that people are willing to go to.
I'm 100% going to pay Liam and Noel in Argo shares to reconcile and do a cover of Wonderwall with me on backing vocals and Sausage Dog and his memes involved in the music video and anyone else who wants to pile in is most welcome!
And all the charts we have to watch are winding,
And the monthly results that light the way are blinding,
There are many things that I, would like to say to you,
but I don't know how
Because maybeee,
Argo's gonna be the one that saves me
and after all
You're Peter WonderWall...
:)
They are a merger, one probably has previous for Nasdaq approval? I heard they won’t be listed for a while yet.
My guess at Peter hosting other companies there still stands . Who is to say we aren’t building their next door to ours and charging them?
By means of a merger with a Nasdaq listed cash shell
Cipher are merging with GWAC who are Nasdaq quoted, but won't be full on mining until 2025 when Argo should be well ahead.
By 2025 isn't it?
I would rather be in the company which has built up and gives me the faith to hodl than the new kid on the block.
Very easy to announce all these deals and increased capacities, who else is installing on or ahead of schedule at the same rate as Argo.
Come late summer we will see who's orders materialise and who can't meet the declared capacity uplift.
I think the coming quarterly filings by Mara and Riot will lead to a major re-shuffle.
All IMO dyor etc.
Someone tell me how they are able to list straight onto the nasdaq, please?
Thats great and all, but do they have a Peter Wall?