Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I keep hearing how many mining companies will be accelerating their plans on increasing their mining capacity and I have been plagued by the math.
One Core Scientific, Mara and others bring on all this mining power my first thought is wow Argo will need to keep up! However I think about all the little guys out there who own 100 miners are less running out of their basement? How many are there? Surely they will not be able to pay the power bill compared to the mining income loss from the additional mining capacity brought in.
What percentage of miners make up the at home folks I wonder? If they go off line what would that do?
How does Argo ramp up to 800 megawatts? Does the sub-station offer that capacity?
I think Argo is in a good place for a merger. I think the stock price is artificially deflated right now and if an offer came in for 120p the investors would turn it down.
As you can tell I have alot of questions but these are the thing we should be chatting about instead of fighting with the nutcases.
It was very interesting to see the value of Bitcoin once the Russian Ruble spiked downward. Immediately Russian and Ukrainians converted their home currency to Bitcoin. This shows the value of Bitcoin. Argo is just accumulating more and more bitcoin and expanding capacity. Institutional investors are very aware as you see accumulation during these early days.
These few nutcases on the board most likely work for folks to engage any investor with postive folks for their agenda.
Sit tight or buy more shares at your dicretion. You want be disappointed in the months to years to come.
Learning very quick how leveraged investors are punished both ways. As soon as you think BTC is headed south the shorts are whiped out. and vice versa. This is what happens whe institutions like Black Rock are let in the door. Just like a vampire, “you must invite them in”
Wow K3, I wonder what the justification is for. I know theres lots of nutcases in the world, but usually they move on. The only consistency among the trolls is that over 95% or more of their post are only about Argo. I dont think Argo is worthwhile for a paid basher, but sure seems that way. Nevertheless, it makes some since for paid bashers to be here if institutional folks continue to accumulate. It also could be folks who places a massive short position a year ago and wants to see the stock drop.
you know folks the more i think about this the more excited i get. When I see the term 1000 times faster by a group such as intel. Dorsey, who is getting in the mining business. The capacity available in Texas. The potential for existing mining machines to become obsolete and finally Argo in the equation. This could be a game changer in the making.
I found this part of the article of significant interest.
We expect that our circuit innovations will deliver a blockchain accelerator that has over 1000x better performance per watt than mainstream GPUs for SHA-256 based mining. You will be able to learn more about our circuit innovations at the International Solid State Circuit Conference (ISSCC) this month.
“ Your right , I try not to react but can’t stop myself.
Problem with working from home.”
Yeah its interesting how we are drawn to that behavior. I am very curious to their motivation myself. Chaebol is even on stock twits posting crap.