Member Info for Chaebol

Does anyone know what functioning capacity in mw, Helios actually has right now ?

If they’re approved only up to 50 mw at Helios for instance they are not going to be rushing machines in, Argo website still stuck on 45 mw and hadn’t included any of the new mw from Texas.

He should go and set up a non profit food bank then.

Not a Nasdaq ftse listed stock that has accountability and responsibility to its shareholders.

Texas is hot today said pw, yep July in Texas gonna be hot surely they knew all this before they dropped hundreds of millions on the shed, the w cents per killa wasn’t set on some down the line controllable load programme and the immersion had apparently showe huge uplift hence the leaked inside Info.

You get to Texas and all this jam that was promised is a horrible piece of mold. I really cannot believe what I’m reading about all this ! Even for my pessimistic nature with Argo I find it’s another level of mad. Argo say one thing but doesn’t mean anything anymore he really is Peter that cried wolf!

Unreal.

So let me get this right, as it stands Argo are curtailing with the other miners that are in the Curtailment programme, even though Argo arent in the Curtailment programme.

So the cheaper kwh rates and rebates that miners receive in the curtailment programme arent valid for Argo as they arent in the curtailment programme and currently pay a far higher pre negotaited rate from 2.5 cents to 10 cents per kwh.

Can someone tell me why Argo would be curtailing when they arent in the curtailment programme nor receiving any of the benefits from being in it?

Right now how many MW are being utilised at Helios 30 35MW its not a lot especially if you arent in the curtailment programme x;)

Controllable loads lol

Sums this space up.

PW also said in the interview

'hopefully' have 200mw by year end lol

Thats going to require 'energisation approval' ? lol

Texas heatwaves in the summer doh! Wind farms with no wind in the summer, Cold winters in January February. Grid repairs during the less demanding times of the year. Sold as 2 cents per killa now we hear about all these different response programmes and far higher rates. Whats not to like about Texas ? lol

Ive seen Texas claim they could have 20 percent of the Worlds hashrate by end of 2023 lol they wont on this grid.

421 Bitcoin Mined
42,455 Deployed Miners
6,324 Staged Miners
4.4 EH/s

So Texas is equating to just under 100 btc per 1.0 eh for riot.

https://www.msn.com/en-us/weather/topstories/ercot-issues-an-energy-e2-80-98watch-for-projected-shortage-asks-for-conservation-wednesday-amid-heatwave/ar-AAZxuoJ

Blackouts are coming x;)

yeh on Monday it was 10-20 cents per killa fp, so they must be at the mercy of those rates when they spike, hence the curtailment and adjusted mining margins for 'higher electricity charges'

Can only be mislead for so long until its actually fraudulent the way this 2 cents was portrayed is another argo lie.

I must have missed the asterix next to that 2 cents per killa

'We still believe that this target cost is achievable.' Im flabbergasted and LA obviously thinks thats a positive, what are they paying now lol ?

ERCOT official prices have been 2.5 to 5 cents per killa 250 dollars to 500 dollars per mw.

The price was sold as 2 cents per killa fixed, i remember all the derangement i faced over this, now its a target cost lol hahahaha

lol

Unless i believe its going to 3-4p when it hits 8-12p x;)

198

Riot almost celebrated that they shut down, looks like a favourable ramp for the industry with very little details..... looks a very vague article.

What is the rate of compensation they receive? is it 1 rate for all or are they negotiated.

Voluntary curtailment v compulsory curtailment. Do both pay or only one...... Riot have actually said that they have done hundreds of curtailments in Rockdale and they shut down on Saturday and Argo said they shut down Monday.

CPI numbers today from the states should be fun. Could be a volatile today for btc.

GLA, well most of you x;)

should definitely be why the bloody hell would i buy/hodl argo right now?

Its the riskiest of them all.

It isn’t rubbish is it, why the bloody hell would you buy any miner right now?

With lines like that the capitulation is already in. Very interesting.

The Chaebol worship sleep wall is back

Post this on your wall i had an awesome sleep this afternoon 3 and half hours and now weed delivers in Thailand, we are living in an upside down World. but boy do like it !

How does it go x;) happy happy days x;)

Another day in paradise x;)

yes chops ill be surprised if its over 200 btc for july.

Id be careful pi youre going deranged, its happened to many a long here.

Simple Maths PI really, I know thats difficult to equate when you got 3 loans and the whole space is collapsing 16/ 17k end of the hodl. You'll see.

none of the big miners breakeven under 20k btc, lets stop that silly game.