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2fatcatz
Looks like you are right on the money with that post. Michael Saylor is a close friend of Scaramucci (he says that in the video)
Billion-Dollar Fund Manager Anthony Scaramucci Says Bitcoin Could Become Digital Gold
https://dailyhodl.com/2020/11/21/billion-dollar-fund-manager-anthony-scaramucci-says-bitcoin-could-become-digital-gold/
Using the Bitcoin mining calculator throws up some interesting numbers !
The new mining hardware is expected to be fully operational by February 2021 and will add approximately 430 petahash to the Company's installed computing power as well as consuming approximately 15 megawatts ("MW") of electricity.
So ARB currently have circa 680 petahash but by March ARB should have 1120 petahash. Allowing for downtime of circa 10% (Seems prudent to allow for some machine downtime) would give ARB circa 1000 petahash.
Monthly costs rise to cover new equipment and power costs (my guess would be to $1.5M per month all in but its just my guess)
BTC at $20k looks very good
BTC at $40k and ARB are looking at $7M profit per month
BTC at $100k (as many predict could happen) and ARB are looking at $20M profit per month
Interesting to punch in some numbers and see what ARB could be raking in early next year !
https://www.mycryptobuddy.com/BitcoinMiningCalculator
BTC mining calc and Zcash calc and other crypto
https://www.mycryptobuddy.com/BitcoinMiningCalculator
Zcash 'could' be the surprise big earner for ARB with circa 5% of Zcash mining...
I have a strong feeling PW is going to smash this share out of the park with Bitcoin, Zcash or whatever crypto he decides is the way for ARB to become massive.
If you haven't looked into Zcash yet the video's on Zcash page are really informative;
https://www.zcashcommunity.com/
Very interesting chat on Friday's Real Vision;
https://youtu.be/xpqjtT5K6D8
TommyTheDog
Those trades were on ARB, you can see 950k trade here which was cancelled and then a 1M trade https://www.londonstockexchange.com/stock/ARB/argo-blockchain-plc/trade-recap
You can watch Bitcoin trade action on Binace https://www.binance.com/en/trade/BTC_USDT
hope this helps
Bitcoin’s appeal as an alternative store of value asset is strengthening, according to analysts at Germany-based investment bank Deutsche Bank.
https://www.coindesk.com/deutsche-bank-says-investors-increasingly-prefer-bitcoin-over-gold-as-inflation-hedge
Are we seeing it in the charts and if this is the case how far does the swing go ?!?
https://www.metalsdaily.com/charts/gold/
https://www.binance.com/en/trade/BTC_USDT
Michael says about gold 'It's a pretty, shiny, dumb rock'
We could be watching the financial store of value change before our eyes...Time will tell but you could begin to make that case looking at the charts
Gold chart tells one story;
https://www.metalsdaily.com/charts/gold/
Bitcoin chart tells a different story;
https://www.binance.com/en/trade/BTC_USDT
Key on-chain metrics such as Bitcoin mining revenues have returned to pre-halving levels according to recent research.
https://cointelegraph.com/news/bitcoin-mining-revenue-hits-yearly-high-after-return-to-pre-halving-levels
Did this at 5 am today ..https://cointelegraph.com/news/traders-expect-shallow-bitcoin-price-pullback-before-new-all-time-high
There are going to be lots of new to this share and space people looking in and this interview with Raoul Pal is a must watch:
https://youtu.be/qwHI6OC3rc8
Bitcoin & ARB Candles tonight :)
https://www.binance.com/en/trade/BTC_USDT