Member Info for DSFLAT

Worth remembering that there are several mining/ crypto stocks trading on OTC (I have 20 stocks on my StockTwits watchlist) in the US and it would seem the traders move around to the next hot thing on almost an hourly basis lol

Investview is up around 40% and DMG up around 25%

There are HODLers but there appears to be a lot of traders rushing around from hot stock to hot stock
The UK market doesn't have as many options and Argo is smashing it again here, happy to see stock flow back to sticky pie eating UK HODL hands :-)

all imo wtfdik etc

Liquid Cooled Bitcoin Mining Farm Tour | Immersion Cooling
230,257 views•Jan 23, 2020
https://youtu.be/LghasLDODWs

Facility Operator
Do you need to operate an alternative-currency mine?

Navier’s proprietary software Mine.app allows Navier to manage thousands of machines remotely, decreasing operational costs and increasing mine ROI.
https://navier.com/services#construction

This looks very interesting, RIOT just took on hundreds of staff in their recent acquisition. PW forward planning to keep costs to a minimum.

Happy with this news (we don't want Bob the builder turning up to build Texas facility !)

'Navier’s engineering team designed and built one of the preeminent miner hosting facilities in the USA— a 25MW design that scales to 400MW. This design provides for optimal cooling of ASIC and GPU miners at outside ambient temperatures over 100F, with PUE’s in the 1.05-1.07 range.'
https://navier.com/projects

1,729 views•Apr 20, 2021
https://youtu.be/jpdtY2qm_8Y

Lucas covers Argo revenue (12 mins into video) circa gross $445,000 per day plus $20,000.

I like to make quick bread (like a Nan bread) and tonight I'll fill it with some veg from the allotment, Leek, spring onion, beetroot and chilli fried in butter mmmm

Couple of Carlsbergs with added raspberry syrup as the suns been out :-)

PayPal's social payment arm Venmo has officially launched the service to let its users buy, hold and sell crypto assets within its mobile app.

The company said in an announcement that the service, called "Crypto on Venmo," starts to roll out on Tuesday and will be available to its 70 million customers directly in the Venmo app within the next few weeks.
https://www.theblockcrypto.com/linked/102295/paypal-venmo-crypto?utm_source=rss&utm_medium=rss

Looking at the BTC chart we saw considerable drops in Feb, March and now Apil.
The Feb and March drops were followed by BTC pumps...
https://www.binance.com/en/trade/BTC_USDT

The top 100 crypto's by MCAP are all getting a big correction/ battering right now:
https://www.coingecko.com/en

It would be good to see some of those crypto investors move into BTC...

BLOK Holding still have 14,044,537 Argo shares:
https://amplifyetfs.com/blok-holdings.html

Bitcoin miner sentiment is down right now and all the miners have been effected.

Would I sell a large Bitcoin position now ? No
Will I sell my large Argo position now ? No

But everyone will make their own investment decisions according to their research, time frame and goals.

GLA WTFDIK etc

Just so people don't think it's an Argo problem:

DMG Blockchain -12%
Support -9%
Investview -20%
Blockchain Foundry -8%
Digihost -5%
Greyscale -7%
Hive -7%
SOS -7%
MARA -9%
RIOT -7%
Bitfarms -14%

Make what you will of this

Empire Building
3,340 views•Apr 19, 2021
https://youtu.be/ecfIWAqQlVY

Another great video by Curtis, watching BLONITY & Empire Building is a must for any investors in the mining space

1,780 views•Apr 18, 2021
https://youtu.be/5kFPWiQUe04

Really good analysis yesterday on the BLONITY miners

I'm going to correct myself in that the difficulty has not changed so we are not making more $$$$ but..
'Luxor Mining CFO Ethan Vera said the outages currently have “no effect on the profitability of miners,” but that we would see the ramifications of this event during Bitcoin’s next difficulty adjustment, which could happen later than expected on May 1, Vera said. He expects Bitcoin’s difficulty to drop in response to the slower block times the network will experience with these miners offline.'
https://www.coindesk.com/chinese-coal-mines-accidents-affecting-bitcoin-mining

Reminder to self (fully engage brain before posting)

Ironically Argo is probably making more $$$ even at the current BTC price :-)
'At the time of writing, the Bitcoin (BTC) network hashrate has seen a 49% drop off after touching an all-time high (ATH).'

'The founding partner at Primitive Crypto, Dovey Wan also spoke about outages the next day. “Xinjiang is facing a major power outage due to a coal mine explosion,” Wan remarked. “Bitcoin hashrate drops almost 30% instantly… Expected to recover in a week or so. All data centers were shut as well,” she added.'

https://news.bitcoin.com/bitcoin-hashrate-drops-xinjiang-blackouts-blamed-btc-price-slides/

Sunday :-O
Monday :-)
Tuesday :-(
Wednesday :-)
Thursday :-O
Friday :-)
Saturday :-/

All of the above emotions are usually experienced multiple times every day lol

It's never dull that's for sure but it's easier to know what you invested in and why and then get on with normal living..

Is it Beer O'clock yet lol

I have a question ref Texas:

Does anyone have any thoughts about Argo moving to Texas, trading on NASDAQ (in time) and moving it's company tax liabilities to Texas?

Here is a link to Texas Corp Tax (franchise Tax):https://www.upcounsel.com/texas-corporate-tax

I like this from PW.
Blockchain is just getting started as is Argo. Start thinking further ahead and for me things are very exciting here.

I'm so Bullish about the next few years i've started growing horns lol

Right off to the allotment, boat club and a few beers in the sun.

Long & Strong :-)

I wouldn't be surprised to see Argo take on some of the new SC200 ePIC rigs in August looking at the ROI on these new rigs..
Model SC200 from ePIC mining 2 algorithms (Blake2B, Blake2B-Sia)
https://www.epicblockchain.io/
SC200 Profitability Calculator at the bottom of the ePIC website is showing ROI in 2 months !
Siacoin is the on an absolute tear right now: https://www.coingecko.com/en/coins/siacoin

Pure speculation on my part but PW likes to think ahead and outside of the box and these rigs look cheap and V profitable

Interesting times ahead for sure

I found PW's Q&A's interesting, he has said several times about ROI and with so much focus on BTC mining I think we will see Argo and perhaps some of the other miners start to target more of the other crypto assets that provide better ROI and better/cheaper rig/chip supply chains.
For example Bitfarms new M31s rigs look good but there many other algorithms that I feel Argo could be mining in the future.
https://www.poolin.com/

Looking at this sector in this way helps me to see how early we are and how Texas could develop in the coming years.

The new Amnesia Rigs from ePIC later this year 'could' be a game changer...

Early Days Here :-)