The biggest game changer Argo news would be…….7 Aug 2021 16:18
proceeding to develop at a rapid pace the balance 600 MW capacity in Texas using monetary funds being provided by displaced Chinese miner(s) for doing the infrastructure and then populating it with their offline miners, in exchange for a profit sharing hosting agreement (facility remains fully Argo owned).
This strategy would catapult Argo mining capacity to be way above the likes of Riot, Mara, etc at a good amount of time ahead of the next Bitcoin halving and there would be no funding needed direct from Argo via debt/equity etc.
Seems like a no brainer to me, so much so that I have emailed Argo (IR and support) this morning to recommend that they actively explore for doing it (maybe they are already considering it as a part of “smart growth”)…..wait and see the impact on the SP when that RNS lands LOL.