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Yeah that's still on and won't touch it until that deal is complete and probably not after for that matter. Hut have not been impressive for some time and I ditched my holding a good while back. They have their compute stuff, but I think this is likely just the GPU bet that backfired when Eth went pos and rather than admit mistake they've made it their diversified revenue strategy. Maybe someone has further insight but it seems a dud to me.
https://hut8.io/2023/03/07/hut-8-mining-production-and-operations-update-for-february-2023/
2 new miners released - doesn't give price but does give 2 spec sheets. Not convinced they really challenge Bitmain from the specs...
https://epicblockchain.io/product/#mining-rigs
Can only see what the new CEO says in the AGM. I don't think we hear any more until then. Last year it was 28th April, I don't see them bringing it forward. They'll need to be more transparent if they want people to invest.
Yeah agree. The annual report normally has tons of detail in the notes though so there might be something in them on what the hosting agreement actually is as it will have been in place on 31 Dec. This will be pivotal for understanding the investment case for Argo.. If not then Q1 will allow some approximation which is something but not really great for investors - or maybe they don't even have to do a Q1 - what are the LSE main market reporting requirements?
HC, I'm lost on the numbers. No Q3, but a lot of actions took place in Q4 anyway. The annual results will give a clearer picture as they'll be for 31 Dec post Galaxy transaction.
Hive got 88 per EH, CLSK got 87 per EH, BITF got 82 per EH in Feb. Argo got 64.8.
However clearly an improvement month on month. That video was re-assuring, however need some facts and figures.
Electricity prices will be lower than they were in 2022 as natural gas prices are significantly lower, which is a key driver for electricity price. With no knowledge of what the hosting deal is with Galaxy though it is impossible to say.
Probably the Q1's will give the insight needed.
Brief video:
https://twitter.com/ArgoBlockchain/status/1633001711714603009
Still expecting monthly updates - just without margins:
"Due to the change in ownership of Helios, Argo will no longer disclose mining profit on a monthly basis; it will no longer include the non-IFRS reconciliation table in its monthly operational updates."
https://polaris.brighterir.com/public/argo_blockchain/news/rns/story/w69n6kw
https://twitter.com/ArgoBlockchain/status/1631339518312816642
Hi DS - I think it's DMG on Terrapool rather than Argo looking at this:
https://twitter.com/TerraPool_io
Always happy to talk about Argo but as you say there's not a lot to talk about just now. Company is not providing much info just now. Suggest the 11 upvotes start new Argo related threads and get involved rather than moaning.