Argo Blockchai. Share Price (ARB)

See 02 Jul RNS:
"As of 30 June 2019, and based on prevailing cryptoasset prices at $10,817.16 USD, the Company held the equivalent of approximately £3.07m in cryptoassets on its balance sheet."

Nuts thing is at $10k per btc, co pays back its mining kit in 4-5 weeks! ARB has done a v smart thing in buying up miners en masse because you can imagine the rush of orders now btc has shot up. Those with cash in bank always win the sprint.

Coinbase CEO on Friday, having completed the Xapo acquisition, has given btc a boost for next week. Combined co custodian for $7bn cryptos. CEO said 12 months ago, it wasn't clear whether institutional investors would adopt cryptocurrencies - says its now clear they are, seeing $200-400m per week invested by institutional customers.

On the charts, $10,090 was a major resistance line. It's now a major support.

We haven't talked HK here. Theres a lot of money leaving HK now and lots of nervous expats. HK is a major global financial hub - it facilitates alot of money going into and out of China for investment including for its Belt and Road. In addition to Trump tariffs, a likely [unfortunate] ugly ending in HK is going to whack China economy. The level of stimulus worldwide is going to be significant.

You say about the amount of coins held in treasury , which RNS states this ?.
In the week someone mentioned the Hive equity swap , which i don`t think has occurred or it would have been RNS`d after the implied completion date of 30/6.
Also to be factored in is the 50% outstanding payment due 5 days before the final shipment of the hardware, this is expected early november , and i expect with the projected growth month on month will easily be covered.
After the successful installation i reckon we`ll have bigger and better fireworks than even guy fawkes anticipated.
aimo , dyor , and stuff like that ; )

Interesting. There will be other coins to mine but if I was a miner, winning the battle to mine those last few btc (imagine the price of each coin then), I'd be hording them on my balance sheet and selling to market at my profitable leisure. From memory ARB is holding 225 btc on its balance sheet.

Just wrt trading - could be some algo trading going on linked to btc price.

So after the 21 million bitcoins are mined In the year 2140, then miners will be redundant. If the miners job is essentially to authenticate transactions on the blockchain, then once they are not part of the ecosystem, who will take over from them?

For anyone who has spare time just watched a 2016 documentary called: Banking on Bitcoin. Worth a watch.