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Cheers James and cheers to all the valuable posters here.
Much appreciated keeping us on an even keel over some rocky times.
I feel if anything, the share helps in educating us on the merits of longterm cryptocurrency adoption.
You may not believe hearing this from me as I was a naysayer, but I am now of the inkling that a dual listing is on the cards.
GLA DYOR.
Arkonite
Definitely James & Bull - the figures must be looking much better, and much earlier in the bullrun than the BOD thought.
If we can breach the 7.8 - 8p level we are off to the races.
IMO can see this happening in the next couple of weeks. Just my own feeling.
GLALTH, DYOR new investors, time is running out...
Hopefully welcome aboard Travel - unfortunately the fact of the matter is any IPO released in the crypto bear market and 2 years of mining as a service were the catalyst for a stagnant lay dropping SP. To be fair most junior PM miners that released in the last 5 years are in the same boat.
SP from here will motor at some stage. We have to be aware that ZEC was nearly at $100 when the SP was last at these levels, so I have us positioned pretty well for a 5-bagger before year end.
GLA DYOR
Trigger - I read this as there is almost certainly capacity for an increase, but in terms of the numbers of potential machines, that I am not sure of. I’ll have to work my way through the TR-1’s since that date and calculate the miner number increases since then.
Trigger - this is from last August 2019. Maybe someone can enlighten us on the Equihash/MW calculations. But I see there being almost a 100% capacity increase possibility as we’re at 35MW at the mo. So extrapolate from there, but for me the upside is massive. GLA DYOR.
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Argo Blockchain PLC
('Argo' or 'the Company')
New Agreement Signed to Expand Power Capacity by 357%
Argo will also have an option to boost mining capacity by up to 1360 petahash (PH), or 1.36 exahash (EH), positioning it to be the world's largest publicly listed crypto miner by 2020
Argo, a UK-based provider of enterprise scale cryptocurrency mining services (LSE: ARB), is pleased to announce it has entered into a new agreement that will increase its electricity supply by 357 per cent.
Under the terms of the agreement with GPU.one, a leading Canadian data centre provider, the Company's access to clean power supplies increases from 14 megawatts to 64 megawatts, on similar terms to its existing agreement, at its two data centres in Quebec and its new data centres in Eastern Canada.
The agreement covers a three-year period from June 25th, 2019, with an option to extend thereafter for an additional two years.
ARB is so undervalued it's hard to fathom really. A day-on-day profit making company that is only heading one way - up!
My prediction is that this will follow the PM pump... think we may be at the bottom of the climb!
Best wishes all!