Member Info for Arkonite

Can’t help it - another 100k added
GLA DYOR

This takes our ZEC hashpower from roughly 200 to 300MS/s. Puts us firmly at 5% global hash for mining ZEC based off their prior calculations. With ZEC’s recent appreciation this looks to be a great diversification and acquisition.

I beg to differ Spitfire - just wait until Greyscale or Three Arrows are seeking to directly approach miners that are reliable and trustworthy.

I do hold a number of crypto assets too though.

If it does go mid-3’s I think I might have to remortgage the house and buy in even deeper.
Trying to work my way up to a 1% total holding.
This is only heading one way in the next few months when we de-couple from stocks and Altseason truly kicks in.
NFA GLA DYOR.

Didn’t want to jinx it before - but this is motoring now

Ok I’m going to add my two pence.

- A vaccine does not mean eradication of the virus
- A key virus with international impact for comparison is Influenza A. This however, is a clearly defined single organ disease. Versus Covid being non-specific, more lethal, multi system and more pathogenic.
- Influenza has had a vaccine in place for around 80 years
- PCR testing for Influenza through a throat swab is the Gold standard in spite of a well established vaccine programme. This will not change any time soon. Now Covid may have more serosanguinous presence, but not in the initial stages of the disease. Therefore useless for at least the first 2 weeks IMHO.
- The influenza diagnostics MCAP is circa $2bn per annum and rising

Extrapolate for Covid as you see fit, but testing is going to be here for decades. We do not know enough about the virus. Global Covid testing is going to continue to rise with or without a vaccine.

All in all NCYT is a buy.
All my own opinion, research.
GLA DYOR

Rosewall - thanks yes BLU are an interesting outfit. I have them on my watchlist since Jan. B2B looks interesting and may have legs.

I get people’s frustration with seller SP suppression and lack of activity at the moment. I’m feeling similar, but trying to not let it bother me.

I guess it all depends how deeply you believe in the fundamentals here. I mean all the HIVE, RIOT & HUT 8 competitors, are just not a Savvy option and overvalued with their margins. I’m happy with my risk/reward here. But all please DYOR - any crypto investment is volatile and risky. Obviously this share is not for traders as it stands.

I think we need to think timeframes here. I mean crypto adoption generally is going to be gradual - maybe over 5 years? So similarly I have this as a 3-5 year play. There’s no chance Brits are going to jump on board here for at least a few months. I’m only coming out of the woodwork due to the SP suppression imho. I was one of those BB lurkers before.
Trying to do my bit to steady the ARB ship. Happy with my choice in share. I am still averaging down militantly.

GLA DYOR

More good news - a miner shakeout!
Hope Perry has overclocked the ASICs to cash in this month. Mining numbers could be great. We will see!

Taking a step back, this selling action has only been since May, so we may be jumping the gun about something fishy going on just yet.
We know there are ex-bod, and other large shareholders whom may be distressed.
Selling at these prices day after day is exhausting to be a part of, but the SP will recover. The sellers action seems to be matching the buys from the looks of it.
In my opinion the CEO seems to be trying to attract new shareholders if anything - regular monthly RNS, positive social media presence and media contact.

Unfortunately brit investors are very techno-stock naive until a 20k bitcoin smacks them in the face and FOMO kicks in. GLA.

If only I could top up some more...
In the short term (2 months) I am targeting 15p. In the long term (2 years) I am targeting 50p.
So long as the health of the company and crypto continue.
If the traditional markets and financial structures capitulate in the next 2 years then I could predict the SP higher!
GLA DYOR.

I was blown away by both. 0.6% of the BTC global hashrate has really resonated. I like to think of it simplistically as if Bitcoin were an entity, we are supposedly contributing 0.6% to a current $180bn mcap company.
In a bull run just to think of the transaction fees we could capture too.
Please someone correct me if I’m being too bullish and rampy. Seriously undervalued!
GLA DYOR.

A stat that I probably should have sat down and calculated when I did my due diligence, but...

ARB has “around 0.6% of the world’s Bitcoin mining network hashrate and approx 3.5% of total worldwide ZEC hash power.

This is phenomenal!!

Whoever entrusted the seller to dispense the shares has been doing a rubbish job imho.
Could have easily let the the SP double from April’s prices and sell off circa 10p the way things were going.

Hoping we start to see further blue today! Could be a very good June! GLA DYOR.

Nearly in the top 10 share risers today - not far to go!

Still very undervalued, but heading in the right direction!

Hoping today will see another BTC test on 10k. Could be a good day for both crypto and ISA holdings.

As WMS said - ARB are value whatever the crypto market moves due to the mining efficiencies we have. Hope we can add some more machines later in the year. It would be nice to have an update on the ZCash company status too.

GLA DYOR

Looking like a good day so far!

Sitting on some impressive paper losses as things stand - but hope that with time this feeling will just register as a blip in time...

Will hodl this share just like the crypto in my Ledger.

No chunky >100k sells this morning which is a first

Any idea why the SP ticker has not moved for the last half an hour?

Finally some we’ll deserved re-rate prior to our monthly RNS