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Don't know sorry Mooh.
Anyone know argos wallet? and how they're fairing?
In regards to Argo it's not enough to be slightly profitable, to overcome the situation they are in, to offset the high net debt and challenges of replacing fleet and growing (if possible) they need to be bringing in at least a few $m in cash per month which means ~$6m ish revs per month - to achieve that realistically we need to see BTC around the $140k mark.
I hope Argo survives I really do ,the btc numbers argo needs will send Mara through the roof , gst touch paper will b ignited soon and it will explode for sure , Iv been loading up gla
The next difficulty is not the true change, as it was mostly in the pre-halving period, so the real sense of network drop will be seen on the subsequent difficulty change, which will be around 2 weeks away. However tentatively I think we only get a 5% to 10% drop based on current rates of block production.
However the 1BTC plus fees just now are the unknown, if they stay at an average of 1BTC, then instead of 50% miner revenue post halving, it's more like 60-65% revenue - or ~20% more revenue than the market was expecting.
The market hasn't priced these elevated fees in, but whether they persist remains to be seen.
Now just need this HK ETF to go live to lift demand.
Well with two days to go until the next difficulty adjustment it looks like there won't be much change, certainly not a big downgrading to somewhat offset the halving of rewards.
Yes fees will make up a small part of the loss but right now Argo is mining the equivalent of barely more than one BTC per day so perhaps $85k per day/ $2.5m a month revs, $3m tops - that's what $1-$1.5m cash burn per month?
Perhaps one more small placing to keep them ticking over until the hosting agreement ends and if no massive move in BTC, well ahead of hash rate, it's lights out.
Ha Ha - Cant argue with what said . . lol Praying this time its different, a repeat of ARB hopefully.
20k down av 81p av only 3.5 k left disastrous or what made the biggest mistake of my life not selling in last bull was 94k up got very greedy
If it opens sub 17 yeah
Haha @ Chaebol. You are a cruel man... but fair )
I forgot about ARB, another one or Mark's tips that's ending up all the way to the bottom!
Just stating the facts Chaebol! ;-)
Im all over GST Long investor at 1.1 p average, im at the bottom already imo.
Full FCA approval should be met by Q2 Q3 and then should be trading at multiples at what is now. Ill be gloating on GST one day in the future for sure!
We pay and take our chances in the adult world of investing and TheeeDuke caught argo at 5p and i doubt many investors have ever had that sort of win! He personally lost a lot of money in TNT and BLU and probably feels worse that he advised it to people over the money he lost as he is that type of person.
Lets all play a bit nicer here! good times should be coming for everybody....... lol apart from Argo holders.....youre toast x;)
"biggest and most undervalued share on the market has to be GST"
Mark, is that like BLU or TNT? - Readers beware, TheeeDuke has a history of pumping / leading people to shares which go south, all the way to the bottom!
Goodbye Dongle spitfire44
Money, biggest and most undervalued share on the market has to be GST, @chaebol has mentioned it here and know hes been building s stake there, check out its RNS today and well worth doing little research on. ATB
5 Blocks that shows in Mara wallet. These blocks were mined bt Foundry and ViaBTC pool but show up on the mara wallet like this
840131 2024-04-21 01:24:52 +0.00000888 BTC (0.58 USD)
840129 2024-04-21 01:08:23 +0.00000888 BTC (0.58 USD)
840124 2024-04-21 00:12:10 +0.00000888 BTC (0.58 USD)
840110 2024-04-20 22:27:26 +0.00000888 BTC (0.57 USD)
840105 2024-04-20 20:53:29 +0.00000888 BTC (0.58 USD)
Weird they show up on Mara pool wallet and not very nice they have no payment with them, im trying to work out what it could mean?
Mara wallet......
https://bitinfocharts.com/bitcoin/address/15MdAHnkxt9TMC2Rj595hsg8Hnv693pPBB
@CLSKBull @Chaebol @Misterbeck - haven't been on for a while, but appreciate the comments. Genuinely not here to score points though or have petit arguments with random people - just want to make money that's literally it. some of the knowledge and idea sharing on here is top notch. Literally just wanted to share my buying/selling strategy and hear other people's, not saying one is better than the other etc but selling up in March has turned out nicely.
With the halving event occurring i'm starting to buy some miners and will be the same ones I mentioned - CLSK, MARA, WULF, IREN and DAGP ETF using Interactive Investor (pay no fees currently as took advantage of their free £50 trade offer I posted).
Would much rather there continues to be a collaborative effort to help each other out so we can all make some $$$
Very bullish for the coming months and I think the business-end will be around November/December when things will really ramp up so see the next couple of months as a re-accumulation phase of those aforementioned miners.
Good luck all!
That assumes you'll be able to buy below $20 today Kpa1!
GLA
Last message to BOWLERS12..YES THAT DONGLE !!!!
Well spitfire the news on the street today isn't good for Argo
You shouldn't have bought in at 40 pencr
Miners revenue v bitcoin price over time:
https://www.blockchain.com/explorer/charts/miners-revenue
Tempted to double up Monday and drop my average to 20 bucks
Bowlers12 F*****F !!!!!!!!!!!!!!!!!! over and out !!!
Its true, the cream always rises to the top.
I look forward to the day im supping on my Mara cream x;)
Seen some very good YouTube buds on mara very detailed analysis etc ...I'm very confident of a good rise later this year