Member Info for Chaebol

20 percent exahash added 3.5k usd jump in btc and this is up 6p.

Rerated.

Rum nutter man,

Government rules and government intervention are the biggest risks to btc so I’m not being negative unless I’m able to push these bills through USA legislature I’d calm down mate.

What’s not good about this, is the fact all this decentralised market becomes centralised. The only people I know that pay tax on crypto gains are the ones that admit it as I knew exchanges never shared info unless criminal with relevant tax authorities from 2023 that changes good or bad I’m not sure,what I really dont like the bill and what a lot of lobbyists and miners are complaining about is this tax on unrealised gains it was going to have an amendment before the house vote but it was never added, hopefully amendments can be added otherwise miners will be paying taxes on hodls.

https://www.voltequity.com/post/new-crypto-tax-reporting-requirements-in-the-2021-infrastructure-bill

Chuz,
Not good for North American miners for now, hopefully amendments will come.

https://cointelegraph.com/news/house-passes-1t-infrastructure-bill-with-crypto-tax-for-biden-s-approval

Fp where did you get the 12k figure from ? I think last month it was September it was 10,600…. Extra machines finally installed hence the higher cost……

Sprog you’re getting close to everup here mate and translating my English into Swahili…..I have stated multiple times I sold 90 % of my holding…..

I also don’t understand why they didn’t bank the share raise cash into btc seems silly to be holding cash……….

Would have been a nice boost for the coffers and makes commercial sense to convert all your cash into crypto (saylor mantra)

I wonder how auditors verify hodls mmmm,;)

Lotto,

When 95 % of our income is derived from btc mining aren’t we really a Bitcoin miner, Pluto and others are Jam tomorrow and part of the tapestry of being involved in the crypto game.

What’s been ultra disturbing is 95 percent of our income is btc that asset class rebounds from 29k back to 60k ish and we did zilch…and there are multiple reasons f0r that. Most fall at the board.

Kraut Yankee,

Yes your reply makes sense on the 61 btc and sounds the most feasible. Yet could be something entirely different, the transparent Argo show doesn’t need to clarify to us maybe he can tell coyle and coyle can post it on Twitter :)

Essentially we gotta trust Pete this board and this exec team to maximise a 2 billion dollar investment they paid over 10 times for the value of the land. Mullered us in an ipo and now we expect them to take us to the next level lol

Put all your money in riot bitf hut8 hive they will win before this mate x

Fastduck,

Read my post history, it will give you my sentiment on this. Probably not the best person to ask if you’re looking to get involved with arb.

Hopeless rampers will direct you x good luck mate x

1st rule of credit facility……. there is no credit facility.

So much bs coming out of arb lately……………i sincerely hope the hodl figures are real, selling 61 was concerning as Pete didn’t want to do that when Pluto asked for 6 mill to maintain 25 percent shareholders were ragged for that and that cooked sentiment in America it never recovered volume wise from that.

Wtf did arb need to sell 61 bitcoins for when all pete says is hodl in words and actions until it isn’t

Could have sold for 65k in bull run 1, nah sold at 48k to Rebalance portfolio or some nonsense month later trading over 60k again. I thought with all this pork we would have some analysis of future btc prices, the whole crypto world was screaming this was going higher but Argo disagreed and sold 61 for 15k profit per btc. Very disappointing then you have the inflated land deal the m9ckey mouse Ipo and now this chaos with the inside info, proper muppet show. Very happy with my decision of exiting this when I did like I’ve said before just wish I’d sold all in February would have been the best 2 month trade of my life. Now we have purgatory ahead, another dilution has to happen they may as well just get it over and done with. Lower prices ahead for sure but that’s how it’s gotta be for now.

And our exec team shared alleged inside info with boatman come on man they can’t be inept or can they ?

I saved all the coyle tweets.

Yeah this coyle seems a bit phantomy can’t find anything concrete. Looking from the outside this looks like some war game has been played, retail investors might like this subterfuge it but the instis wont and that’s our market now.

If we so tech savvy start showing it with real data and not some messed up inside info conversation with god knows who

Blubay,

I used to respect fundamentals but since the central banks decision to cheapen money everything feels very fixed. I think fundamtals left th investment world a long time ago

Considering myMy largest holdings are amc and gme I’m being very tongue in cheek with that fundamentals comment.

However I see a pump in ccnc 9 bucks earlier this year…….and last time I checked it was my money and my decision investing in it but thanks for your insight, appreciated.

Johnny mango

In fairness if Argo are sharing inside info with people like Anthony coyle ? Then it’s fair to say that trading happened based on this ‘alleged inside info’ did Anthony coyle or his associates buy off the back of that discussion ? If so you then have the basis of insider dealing.

And it’s gone isn’t too far off the mark. Does anyone know who this coyle is?

Krautyankee,

They may as well go full ******, and raise as much as they can, it ends the uncertainty and gives them the cash to complete 200 mw. Lose the pork and non execs get our costs down and mine as much btc as we can next year and then re assess additional 600 mw.

It’s been painful owning this under thes circumstances so what’s a bit more pain fo 200 million usd and exahash of minimum 3.7. However also going to be massive delays next year with bitmain I hope they do what Mara do and fly them in instead of ship.

Think it’s scary PW could be overseein a 2 billion dollar mining site, he’s proving time and time again that he’s in way over his head, so I do believe we need a new ceo too x peeps will love me for that one but he’s had an awful year and should go soon.

Still doesn’t deny the fact that our IR guy and CFO should know far better, who on earth s Anthony coyle and why are they saying this alleged inside info to coyle and not publishing it through the appropriate channels is beyond me.

I just hope someone at Argo hasn’t played out some war game and thought this leak would be a good idea, it would soften the dilution that is coming as after all arb need 1.5 billion to 2billion to kit out 800mw they don’t have cash now to pay for 200 mw. What’s another 150 200 mill in dilution lol been diluted 63 percent already this year may as well round it up to 100 points get dough, buy machines, wear pain.

Horse to water ? You ain’t got my flavour mate x

‘The bag holders legacy retirement fund for their children’s children’s children’s children’s child’s fund’

Pears, Already an owner, I think code chain will do well mining coins.

Fundamentals aren’t that bad and it’s defo due a rise/pump to its early year highs.