Member Info for Chaebol

LOL DS x;)

Enjoy the humble pie distribution, I have a feeling they wont let go.........where did we see that before x;)

GLA

Yeh id also say that the s19's Argo have are also at least 25 30 percent sometimes more inefficient against other miners same s19's, why this has never been solved is another Argo mystery.

People whinge that we never talk about Argo on here but then can never make a compelling case for its viability as an investment. This is a traders share it, apart from its huge rise in Jan Feb 2021 it always has been.

Argo and PW had the sliding door moment and still to this day im not sure if PW was put there to make some brewsters millions decisions......LA and baker boy would have run Argo better. Possibly x;)

Agree HC Hodling 5hit investments usually works out 1 way and any spikes do not last for long as they usually offset by a placing or a duster x;)

GLA x

Lol its lost 98% of its value, bottom on every metric you can think of.......... absolutely dead in the water, im not sure if btc goes over 100k is enough to save Argo........and Roger65 telling us it still has a chance.

You gotta love retail x;)

GLA x

Novembers arent so kind to BTC like Octobers are........ but then the Blackrocks et al werent so close either.........

Bitcoin’s performance in November has varied over the years. Here are some historical trends:

In November 2018, Bitcoin slipped from $6,376.13 per unit to $4,009.97, losing 37% that month.

In November 2019, Bitcoin’s USD value dropped from $9,235.35 per unit to $7,047.92 per Bitcoin, sliding 23.68% lower.

In November 2020, Bitcoin prices moved upwards from $13,737.11 on Nov. 1, to $18,177.48 by the month’s end.

In November 2021, Bitcoin’s USD value saw the price tap BTC’s lifetime high against the greenback at $69,044 per unit on Nov. 10, 2021. However, BTC started the month at $63,326.90 and ended November at $57,248.46 per BTC, losing 9.59% during the course of the month.

In November 2022, the price of Bitcoin fell to around $16,0003. The average closing price for Bitcoin (BTC) in November 2022 was $17,600.81. It was down 16.2% for the month

Yeh definitely a big riddle. If we are wrong on Mara then the whole market is kaput. It used to be so simple, btc went up mara went up btc went down mara went down. Now we seeing this madness, like you, i believe this isnt halving related, if it were i think the market would be choosing winners and losers, atm its all miner losers.

The way volume has been on mara last few days suggests some big accumulations. I hope this is the calm before the storm but have a horrible feeling we getting poked till next year.

Ill keep adding at these lunacy levels when I can and keep my trust for better days in the future with this.

GL x

Mara 25 EH 19.1 EH hashing Announced future hash to a total of 30 eh

Riot 10 EH 6 EH hashing Lol announced future hash to 23 eh

CLSK 9.6 EH 9.6 eh hashing Announced future hash to 16 EH

Mara has doubled its production this year and hasnt felt like its been rewarded at all. Riot mine less now than they did in January and CLSK mine about the same.

Why isnt growth being rewarded but when mobs announce forward hash build outs they are rewarded for it, I know sheds are worth money but they also arent ie ask Argo. Seems to me that Mara is being continuously punished for completing its growth cycles.

Mara should be trading way and above its nearest rivals as its nearest rivals arent anywhere near Mara nor are they going to be near soon.

The biggest questions/fears that always nag at me and i guess for most investors here..... is this space financially viable ? Are new regs coming for North American Miners? is there new tech coming thats going to make the most current up to date mining fleets obsolete?

It's brutally disappointing whats gone on with this price action, should have been a great Chrimbo for us Mara holders top slicing, instead we seeing QBT winners with a 4 fold share gain!

Bit of good news...... Funds are adding heavily right now, so maybe this is the final memo before we really go one. The kids Xmas's depend on this x;)

GLA and keep on smiling x

And BTC still looks bullish.......coiled spring or a big change are incoming for the miners........ I just have no idea which way its going to go..........

Steve? x

Been Reccod Gala is going to pump, put a few quid in that this morning, buying alt5hit coins is what im resorting to x;) Mara i cant even look at it. Just gotta zoom out and forget about it.

Money to be made just not in mara right now.

GLA

Thanks Steve x Please tell us your findings when you have worked out the why x

Peace and GL x

Yeh agree, I thought the last 2 months were hard and then 35k btc came and really fooked us over x;)

A penny for your thoughts ! barnetpeter x;)

Trust you're well x in peace x

What to do Stnz? Its all felt wrong since the early debt pay off and im not going to bail with Mara until a certain time or price in the future.

This is proper atrocious but the sentiment etc will shift with Mara, it has too or the whole mining game is up in flames and not one will succeed.

Yeh but if btc goes to 30k the miners get whipped. I think this lag is far more than the halving coming. A lot of these miners have been run terribly and i think we beginning to see that play out with the price actions being muted recently.

Mara 939 with btc at 34.5k is a bad dream.

Lol 404x I burn or earn on the mara long hill and like you say they can continue with shooting themselves in the foot but it will still be one of the best performing miners when it all does kick off.

Before this early debt payoff Mara SP was moving 5/6 points per 1 point movement on btc, now under current conditions its almost point for point , throw in a 750 million dollar raise and maybe its time to zoom out until the halving and keep adding at sub 10 levels.

The Vote in November for the bonus shares will be an interesting indication how punters feel. I really hope those shares get rejected and will be very interested to see how Fred reacts to any voter discord.

GLA

GL Chopsing x

Lol CEO of the year, i forgot that one. x;)

Where is the Wall these days? still pulling in an advisory wage from the Argo?

I agree with you Chopsing, but we have made it this far Chopsing, if you can afford to be patient i think it will be rewarded by next year, no matter what Fred and Mara execs decide to do.

I think this latest move annuls any chance of the 15 million RSU's passing, we will see.

I am worried but Pete and Argo and Fred and Mara is a different animal and Mara is miner 1 or 2 and imo will be very difficult for them to fall out of that. BTC is going to fly again at one point from now to Jan 2025.

25 eh due anytime now fully operational

500 million plus in btc and cash

Mining 1200 ish plus a month

No other miner is close....just depends how much damage Fred and execs can do to us from now till the parabolic times are upon us.

GL

Yeh lots to consider. Some horrible horrible paragraphs in that filing.

As of October 19, 2023, we have 216,894,234 shares of our common stock issued and outstanding.

Thanks 404, I have not read all of it but oh gawd not again.............This could be up to 350 million shares issued by the halving. Would need a 7 billion mcap for 20 bucks. None of these dilutions this year have felt right and have been done at the worst possible times and prices. Is it bad luck or by design. It's getting concerning.

Bowlers have you found a buyer yet? when are they due to come out of bankruptcy?

A bit worrying that Mara around 960 ish would have thought today would have seen 12's. 80 million shares traded today......will be interesting if we settle at this btc price and what mara does then. 964 still feels very low with whats going on hopefully they can continue to re-rate and move north.

Riot hammer has to come sooner or later, surely. It's nuke proof at the moment.

GL