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Indeed hc
I used to recommend clsk here over a year ago, when it was obvious argo were going to struggle mining decent numbers into the summer....
But I'm sure no one needs to know daily mining numbers by clsk , hopefully he can post those on the discord chat instead.
We also look forward to having Argo as our first hosting client."
Very strange...
pw said all the way back in his August update video that argos hosting agreement with a 3rd party was signed and rigs were starting to be installed for them.
Was this yet another lie or was this 3rd party galaxy , back then ?
Oh ok thanks,
Always wondered if there was any benifits,as it annoys the heck out of me paying extra to buy us stocks
Well done bowlers ,worked out well.
May I ask the reason you did though pls?
All the rns comes uk morning, for holders to react first to... plus theres the extra cost of buying arbk.
I can see that It would be very beneficial now as you'll hear when a ppa is agreed by galaxy in us time.. but are
there lots of other benifits I'm missing pls?
We also don't know where they are with the intel machines. We know there's money with Intel/ePIC (well we've not been told otherwise), but we don't know if further payment is required - and we don't know where these machines will go.
Interesting point... after yet again more mega money being wasted /given away by pw , with all the usual nonsense talk of 'genius ' designing these immersion rigs, are they not going to be used at helios or even build by epic ( if they ever were)
"Argo plans to refocus its efforts on growing and optimizing operations at its two data centers in Quebec, which are powered fully by low-cost hydroelectricity."
Certainly doesn't sound like it for a while, if at all.
costs will reduce especially if shared with other miners and our Hodl will increase and when BTC does recover we will see the benefit"
Not sure anyone can say at the moment arbs costs will reduce. No one has a clue what the fees are at helios. Galaxy had & have argo over a barrel . Rigs couldnt be moved from helios to Canada anyway... 1 they would be a fire hazard ... the down time for a miner with no rigs would of destroyed argo with shared holders.
Its more likely they are at helios so galaxy can take them if terms arnt meet in the future not because argo are going to get some great deal from it.
Looking forward to seeing when the order for rigs in canada happens and how many it will be for
Unfortunately pw is still up to his old tricks, and trying to confuse newbies.... The rigs in canda are old ,knackered and off line.....hence the word capacity every time he mentions 2.5 eh
Unbelievable pw is still running things it will start all over again at Canada., soon be buying rigs for there no doubt.....
But at least people will now know to not believe anything that comes out of pw and question every thing .They should of learnt the risks of the game and btc cycles long ago and hopefully will be trading on any spikes in the future
Pi
Going to be interesting what 7am brings but all miners know the best time to buy machines and infrastructure is just before the next bull run happens, all guess work and luck but that looks a long time away yet.
Any buy might look good now but terrible in 3 months time. Their all looking very vulnerable , are any that reckless to add even more risk to their own companys.
Imagine the fear of argo having to run their 80MW now every day at a loss. ... 800MW won't happen
HC
I think it was only 186ph of knackered rigs left in Canada from memory ... under going maintenance for the last 5month apparently :)
Hi PI
Will phinoccio pete deliver more coal for shareholders in the morning , i wonder.?
Will be interested to see if the 4 transformers where ever actually paid for or cancelled.
Will be interesting to see what happens to Canada data sites.... Weasel Wall was quick to defend them when there was a rumour that they won't be supplied with power for mining recently
You've not done too bad here this year for a village idiot ;) ... let's hope it continues how your holding
Happy Christmas chaebol
Very nice too
Bet you wished you stopped buying for the following 12 months
Hey PI
You would of thought tmrw or Tuesday......
I'm still waiting for an rns on wonderfi, pluto, argolabs , epic, intel , luxor and all the others to see where pw has wasted share holders money.
In his last video phinoccio pete said they were installing the first 300 ph they sold at helios for the buyers... haha, sadly he's has no shame
Argos lying claim of having between 8% to 12% more PH for a 9 whole months in 2021 should of been enough of a red flag after all the previous lies,starting with the that crock of an rns in feb 2021 giving epic 5 million for nothing
Nice one chaebol & hexam ;)
Argo own next to no btc
What they mine they have to sell at a big loss anyway..... Its amazing how the sp goes up at all when btc price only rises $500
Not so sure that many will be sold chaebol
...do they really have the amount in equivalents they say they have?
argo labs has been the perfect place to muddy the numbers for 11 months
If they only held a certain amount of btc, we would all know where we stood on calculations, no matter what the btc price. Not knowing what their invested in with argolabs ( if any thing at all) makes you wonder, with every other lie thats been told here