Member Info for Chaebol

Whilst your at it ask about the other 160 acres

I just hope Texas miners don’t have to shut down based upon temperatures or peak demands, and that will probably be the factors behind powering down!?

£2

Does anyone know the variable rates we are being charged by Ercot ? I thought it was fixed but that clearly isn’t the case.

Does anyone know the rate Argo receives when they power down ?

Does anyone know what it requires for Argo to power down ?

At the moment Ercot is working at record capacity, what does that mean for the Texas miners? Riots numbers have been pretty good yet it keeps going down I’m thinking that something must be awry with these Ercot agreements.

Texas summer is coming. Gonna be hard for miners…..

Who would have thought Texas has dry hot summers ? x;)

in the crazy ramping world Argo has no losses they are all deferred wins ! x;)

Hodling miners AKA kamikaze investments.

Wen Datsun Baker boy x;)

Is joining a new pool important enough for an RNS?

Terrapool website showing 640 ph but that doesnt mean anything in grand scheme of things.

I agree with you bc for once! Argo gave the mining market monthly updates, everybody else followed and then made a far better job of it than Argo.

I now do not trust the monthly updates from argo just like his movies.

I’m just happy Argo make it so transparent and easy to understand x;)

What you saying fellas ?

The monthly numbers are being massaged………. No, surely not. Lol

I’m sure any discrepancies will be highlighted in the 1/4ly financials. However argo could have 500 ph going in Helios now that would have needed to produce 30-40 btc that I believe was needed for that number of 124. I like ab thought this would be under a 100, but on the flip side that doesn’t mean 124 is good!

DMG MINED 48.3 in May, you’d imagine some of it is in terrapool surely……..

AB,

Theyve currently achieved 124 btc last month and thats awful ! thats where we are today, could be great in 6 months but i dont think i got it wrong when i called this a **** show last July and here we are today mining 124 for May 2022! and some of the worst mining numbers and efficiencies in 2022!

I see lots more obstacles for argo to encounter this year finalising helios and thats why i continue here !

oh yeh FP totally agree,

The HODL strategy with miners has only ended up 1 way. Tragic.

Yes i agree at the moment based on these current market conditions 225 million ish gbp looks a fair mcap.

I feel the market conditions will change and continue for the worse hence my lower sp targets.

Nasdaq ADR 10 for 1 the churn of those shares being sold caused huge problems for argo something thats still not fixed, energy issues in Texas and supply chain problems from China, I hope will assist in that lower price i desire.

Harchris so lets both pick timeframes to suit our narrative lol

The whole sector is in disarray, Argo was in disarray long before the whole sector was.

Riot is indicating to me 14-15 percent immersion uplift

“We’re proud to report that our first
immersion building, Building F, is filled with approximately 23,000 S19 series miners.
Approximately 7,000 of those miners are staged in the immersion-cooling tanks and are
anticipated to be deployed pending installation of the final requisite components. Once these
miners and other staged miners are fully deployed, our hash rate capacity is expected to
increase to 5.4 EH/s

7000 machines is usually 700ph they indicating 800ph and thats from the latest s19 models. Interesting, not sure what kind of impact you will get from old busted machines being immersed maybe do what they say on the tin but dont break down as often, would still be a pretty good trade off i reckon.

Harchris Argo was a better miner in January last year than most other miners.

Up to July 2020 you could buy mara under a dollar hitting a high of 80 bucks is 80 x your money 40x 50x 60x 100x was the bull run norm for many miners at that time. They all boomed so your point is moot. I think a lot of exec decisions caused this to lag, especially that pluto raise.
Most of the other miners that experienced huge sp growth continued to climb during the 50-65k feb march and 50-69 October November

people keep doing this... either buy would have been terrible, however argo lost 2/3rds before this 6 month period what did CORZ do it mooned to about 13 bucks from memory.

Argo didnt respond from 50-65k in feb march last year nor that rise to 69k october november, argo blockchain doesnt like btc over 50k as ive never seen argo correlate correctly when btc was over 50k

What you on about baker boy, discord is talking about software issues and blaming DMG.

42p low lol 5p from target price is a lot closer than the 2, 3 quids this board claimed over again and again and again. I rememebr what you said ab at 60 odd p 70 odd p 1 pound 30 etc etc.

I walked off at 44p! profit was so huge at that time , felt it was silly to be greedy. oi oi boing boing yeehawww

Short shares in miners are quite scarce right now and borrowing costs are going up, not many mobs want you to short this sector right now, I wonder why lol.

8-12ps can run till November, the 37p target i just keep scalping to be fair, taking out atm withdrawals few times every day, did expect a bigger drop yday but you cant win them all x;)

yeh its pretty clear

Under the terms of the deal, Argo and DMG will 'jointly launch Terra Pool', which will initially consist of both companies processing power which is mostly generated by hydroelectric resources.

Are Argo founders with DMG? AB?