Member Info for Chaebol

as is the reversal in sp.

Thanks Mooh if its not announced until 6th November its going to be a no.

SP will drift down as it has been until that date, you cant have this uncertainty hanging over a ftse nasdaq stock for all that time, Does argo have enough money to get them to the 6th Novemeber?

is it 30 days or 30 biz days?

day 11 or day 7 ?

PW never bought this at 30 odd p i dont think he will be buying at 14p 10p or 6p, he did the nasdaq token buy, ill be amazed if hes still with argo this time next month.

Have you bought todays top Sharebel?

He was on this 2 years ago Napier. It’s going to be a comedy watching the fed and western central banks raising rates as they’re the largest bag holders of debt.

Like he says ‘free market’ has gone it’s all moving to price control and inept politics.

Denis lolo this has nothing to do with Argo, theyve been a 5hit show in my world for a very long time. Argo will play out bankrupt or be taken over, thats that, next.

Considering which miners are worth buying in the future.

Riot 335

Clsk 87

Corz 205

Migi 40

Hut8 44

Hive 18

bitf 106

Argo 43

Mara 10

Some miners need to cut the fat, 40 odd people at argo with that management team lol, Riot yearly wage must be huge, and lets not forget how they overpaid for those sites in Texas , 30 40 million wage bill per annum? i see some streamlining coming.

Did a deep dive into CLSK over the weekend not very impressed, did anyone ever see the Culper Research short attack on CLSK?

Price is 93 % off its jan/feb 2021 price, very unloved and untrusted.

www.culperresearch.com go to research and youll find the takedowns, they have a pretty good short track record and they still hate it.

Like Mara Hut8 Hive
punts migi

If no rns for argo regarding the SI this morning im expecting a very red day here today.

Keep smiling boys and always keep it real x;)

Whos we? Are you an entity now?

You and la ? lol Seamen stnz been talking for everup and la, are you talking for la as well.

Keep laughing and ill keep earning. Its how it rolls here.

19.3k

The energy deal is the be all and end all, must be massive problems in securing one, its November in 2 weeks, something is very wrong with the ppa's for argo. Ive been reading Mara q2 earnings and Fred talks about Texas and the ppa's they were being asked to sign 5 year deals, sounds mayhem.

Yes and once btc dropped It was the loan with nydig that set all this mayhem off, Id like to see the eligibility rules binance incorporate if this ever gets off the ground.

Have they seen what the likes of nydig get out of this, once the loan hook is in? No friends in crypto!

Who bought those machines 'in the box' or did pete say they were 'already installed' x;)

Surely PW would need to go first? Before Argo loan more ?

250 million usd secured Argo 0.9 eh, that’s PW. Who would continue funding that berk?

Ok what assets does Argo have left to secure a loan with ?

Binance won’t be lending on faith and goodwill.

What assets does Argo have left to secure a loan with ?

Corz and Argo have mismanaged themselves to this point, does binance continue to fund that mis-management ? I dont think so, like HC says this is doomed to fail.

i think its a bit late in the day for that now Wolf.

Just readin Q2 earnings with mara, its a free sign up, interesting Fred says you can only energise 20 mw at a time and the miners need to be installed, what does argo really have energised at helios

https://docoh.com/transcript/1507605/2022Q2/MARA

Thanks, Fred. At this time, we're going to commence the Q&A section of today's call. We'll start by answering some of the questions submitted by investors on our new Q&A platform. In total, we received about 100 questions, which looks fantastic. We won't have time to tackle all of them today, but we do want to cover some of the most uploaded questions. And also, I'll let you all know how much we appreciate the interest in Marathon and the opportunity to have more of a dialogue with our investor base.

So to start, the first question comes from Bill Gee, who asked, can you please give us an update on the rigs and when they will be plugged into full capacity? We got approval from FERC and they were curious about the energization time line.

So I think we've actually covered this a little bit in the prepared remarks and in today's earnings release. But just curious, Fred or you any color that either of you want to provide on the process of receiving approval and starting to energize.

Fred Thiel
Well, once the FERC approval was received, the power provider could proceed with beginning to energize the site, which took a certain number of days. They can't turn on 280 megawatts at one time. They turn it on in essentially kind of 20-megawatt chunks.

And so while we have 49,000 miners installed at the site, those will be energized 20 megawatts at a time, and we expect to be fully energized with the 68,000 miners installed on site by the end of September.

Charlie Schumacher
Excellent.

1 bitcoin is 1 bitcoin x;)

The current Bitcoin hashrate (BTC hashrate) is 290.08 EH/s at block height 758,660 with a difficulty of 35,610,794,164,371.65.

Hash was at 220 eh for a block this morning, its mad how it fluctuates, the hash keeps climbing, more machines mining, will eh capitulate ? and if it does how does China and Russia fill the void because they will.

Lol how low can the th go? Argo sold 3400 'in the box' for roughly 6.8 million usd, we could be seeing 10 12 bucks per th by chrimbo, will attract new players for sure, and like the message from Krautyankee the winter time will give us time to assess which miners are on or not. Its pretty obvious now which miners are coming to the fore and which ones are being left behind.

Everyone underestimated maras raise of 750 million at 1 point per annum, if they can get to the next bull run, pretty intact they will go and do it again for sure, and if they have the luxury of selling a hodl next bull run could it be worth for 1- 2 billion usd

Youve topped up here for 18 months baker boy

What a loss x;) or is it?

yeh HC im waiting on the prices to hit with Mara, I reckon some time next year i'll be getting my prices. Corz is burning 20 million cash a month so theyre gonna have to ramp down production, will be interesting when they start accessing riley money, should be under 1 buck soon, lets see how they raise additional cash moving forward they have a lot of machines they can sell x;)

I think she faked being an Indian for years, she’s a crackpot, Texas grid isn’t federal so erco can ignore them and Texas does.

https://www.npr.org/2019/02/01/690806434/warren-apologizes-to-cherokee-nation-for-dna-test