Member Info for Chaebol

You should all check out what Riot are losing on hosting, immense amounts, money gets caned in this game if you make a few bad moves and riot look like theyre ina pickle. Stnz 'energisation' in Texas energy is far more political now than it was when they wanted the miners to set up in the State. I would'nt like to be all in on Texas as a miner or a s an investor in one, hopefully the sentiment shifts and btc miners get a bit more love.

Lol Clskbull clsk will be diluting this month next month the month after that and many many many many more months, could be difficult times for clsk and wulf.

I reckon clsk could be up to 130/140 million issued shares, whens its earnings?

I dont think it is so obvious with riot PI, headwinds are already deep within it, I look forward to its earnings call (if they have one)and q2 release.

Mara mara mara mara mara mara more mara little hut and trade some wulf. If in your shoes id go all Mara x;) Auradine cant be factored in yet but its growth has been achieved and now i think its imminent we hear of new expansions outside of the states.

Exciting times for mara owners.

Does anyone know what they've paid for the blockminers? or is that another argo mystery.

Some very concerning quotes in that rns today and no surprise its fallen from that, now below the raise price shares i wonder where this goes to.

Riot has 120 million debt due this year, lost 50 odd million q1, losing big on hosting and its mining numbers are about 50 % hash utilisation.

Mara mining new records, hitting growth deadlines and continuous expansion and its lagging behind thats whats amazed me. With how mara has grown id have thought we would have seen some form of separation but they all still go up and they all still go down together.

Will be interesting when fundamentals actually matter, at this moment in time its still hype/fud/bull/bear scenarios playing the yo yo game.

Yeh i find riots price unbelievable right now, I dont short when im bullish for the sector and dont do longs when im bearish, otherwise id have lost loads shorting riot and clsk x;) Mara sp should be well ahead of riot. It will come, as will the run in btc its just 'WHEN' x;)

Will be interesting to go through the q2 earnings of the headline miners as and when they hit. i'd Like to see the clsk issued shares number x;)

When the market turns and is going against me I like to do deep dives and verify why I have my net worth in this sector x;)

BTC hodling for miners has thrown some interesting insights.

January 2022 miners hodl 36,005 btc to end of June 2023 33,456 btc

Mara BTC hodl Jan 2022 8595 to June 2023 btc hodl 12,558

Hut 5826 to 9136

Riot 5347 to 7250

Hive 2043 to 1957

Bitf 4600 to 549

Clsk 471 to 529

Arbk 2748 to 44

Corz 6373 to 0

Wulf 0 to 0

Migi 0 to 0

Dghi 0 to 0

Iren 0 to 0

Only 3 miners have really grown and hut have a lot of bills for expansion coming. We could really do with the btc mining sector starting to hold btc and not just the usual suspects. Mining a scarce supply and trading it for fiat seems like a mugs game right now?

If Mara can make money at these levels of btc and we find out next Tuesday it has to spike! Surely. FFS the U.S.A has just been downgraded from a non default AAA to AA plus and no ones talking about btc moving ! so btc has to move soon ! Surely! x;) and hard.

Let's hope we see btc push on now. It's looking positive again.

In Q1 earnings call the CFO made a big point of no further dilution as did Prager. Something about maximising value for shareholders lol ive heard that one before.

No cash no hodl a big loss q1 but they were talking about creating shareholder value, 8 weeks later diluted to hell. You have to laugh really ! Pragers a wulf he sold hardin to mara. Has been good to trade though!

The balance sheets are going to be big fundamental next year after the halving. I have a feeling riot costs are so huge that they are purposely mining low btc until the price recovers. Then you have those loons at clsk getting a million shares bonused for hitting 8.5 eh template with no consequence of the outgoing costs, i see clsk still have no ppa and are on a variable power rate in spite of much talk of a ppa.

If clsk really do get to 16 eh by the halving they could fall like corz, no cash no hodl double costs of mining from April 24 ill be tempted to short it if i wasnt so bullish with btc.

My time will come with it, thats for sure.

Fred must have turned the turbos on, overclocking underclocking masters (patent pending) Mara mined 21 blocks over the weekend 13 blocks yesterday and for the month so far 1160 btc a new mining block record for the month was achieved yesterday and earnings come out next week.

Hodling about 30% of its coin for q2 and 500 millionish in hodl and cash, no other miner is near them. A profit will be very close this quarter how its translated by the market i do wonder.

Lol thats QBT fooked then x;)

Maybe auradine rigs are in the emirates already. I think maras next expansion news must be 50 eh minimum coming.

Exciting times. Looking how wulf has grown with it’s talked about expansion if mara can announce to the market another 25 eh does the share price double triple like wulf has ? Or do the shorters and the haters double down. This could be massive for mara, performance looks better than the 255 th xp and it seems they’ve come to the market with something that can actually compete and surpass bitmain rigs (for now) unlike the intel farce that played out when they released rigs that weren’t anywhere near the capabilities of bitmain rigs.

Already shipped to some customers q3 and production volume rolled out q4 this year ?

I’m sure we hear some Mara eh news soon !

Lol I bought the 19’s the 18’s the 17’s etc. they will all be great buys some time down the line.

I always felt this auradine link was going to be big for mara.

The worlds

Most powerful rig, anyone know the prices of them? And auradine could defo do with a website makeover ?

I want to see the Mara expansion news follow this, it has to be 50 eh next expansion build out. I just hope this expansion news comes soon.

Blow everyone away.

Its a shame MP isnt doing the maths on his shares he bought from 250p down, they are forgotten.

This was trading at 6.25p on the 16th June, I think i might be a buyer if it hits those levels again. Becoming so enraged with posters that have been stating lower prices than your beliefs has been a common theme from you and again and again you were wrong and now you rage again mmmmmm has a lower price written all over it MP, im not willing argo to 5/6p i just think its a great trade if it hits that, it remains a crap company in a helter skelter sector.

If i were you MP id try and find some humility in all this x Some great tips are going on these boards now instead of the vitriol it could be.

Listen, learn and make tons of money, it's what we trying to achieve right?

GLA

Https://auradine.com/auradine-unveils-worlds-first-4nm-bitcoin-mining-systems-with-highest-performance-and-breakthrough-energytune-technology/

'Argo Blockchain, like other Bitcoin mining companies, makes most of its money when interest rates are rising. However, the company’s financial woes have seen it underperform its rivals like Riot Blockchain, Cipher Mining, and Marathon Digital.'

https://www.banklesstimes.com/news/2023/07/24/argo-blockchain-share-price-analysis-is-it-safe-to-buy-this-dip/

Crispus Nyaga

Writer

Crispus is a financial analyst with over 9 years in the industry. He covers cryptocurrencies, forex, equities, and commodities for some of the leading brands. He is also a passionate trader who operates his family account. Crispus lives in Nairobi with his wife and son.

How do these people get jobs in this space with such poor knowledge of the market it talks about. The mad thing is he might get right with the price and then his madness gets validated.

The upside down World is alive and well.

Have the Argo raise shares even been issued yet ? Is today the day ? I guess retail will get theirs last x;) bagholding with a discount, this is the Argo way.

A few sells and this roars down.

Those placing shares don't hit till next week, this could hit 5/6p with all that carnage, i might jump in for a trade if it hits those levels.

If the likes of Mara and riot hit 15/20/30 billion mcaps and argo are still around then they aren’t going to be worth what they are now. What we have seen with this rise apart from a few miners is they pretty much all go up, so if riot Mara hit those mcap levels is argo worth 500 million peak bull market that’s over a pound a share! My feelings on argo and Pete are well known but of this whole sector explodes argo will move with them.

They need to make some tremendous business decisions and have a little bit of luck but incredibly I don’t think they’re dead and buried as we approach the halving.

If they could get this 2.5 eh running correctly at Helios especially after September when curtailment ends in Texas and the miners coming online in Canada they could mine 200 a month. I’m not ramping argo lol my numero uno is always going to be Mara but if I was a large bagholder here I’d be quite optimistic of getting those bags lightened.

500 million mcap 478 million shares. They can’t dilute at these prices and they really have to get the hash they have working correctly before they add more miners. So over a quid a share peak bull, it’s more than possible.

GLA