Member Info for hahahehehoho

Incorrect, last time I checked ,F2 and Poolin pools within were making ok margins. It's just a case of the rich getting richer and bigger and bigger . ****ty pools getting thumped as usual.

"Would have thought it was hard to be just one of those things".

You must excuse me because English is not first language, Korean being my first .

Even if they bought the machines outright they would still not be able to make any profit worth mentioning..simply because they are in the wrong pool

BTC mining till next halving is simply unprofitable and loss making.

Arb should look into HNT next gen 5G mining and set up their own global network . The new 5g miners are simply too expensive for most ppl at circa $10k and this is an opp to diversify and be smart

Ncyt are scheduled to turnover £25m and be left with £98m cash and circa £160m in total assets year end. They also haven't factored in q4 , where if COVID explodes again £25m turnover could easily double or triple ( not quite reach £100m imo ). The DHSC dispute is moreorless in the bag as they have the same chance as amber Heard in her latest case failed case. The DHSC overordered and are making excuses for false positive tests in order to not fulfill other end of contract. Pity everything was signed in black and white and the DHsc cannot send their unit into administration to avoid payment ;-)

Too risky to short. I personally wouldn't as it is at half NAV and they are not gonna incur much more losses as most has been written off for the next year . If I did short ncyt I would only do 2-3x leverage only for small stakes

Good points. If we did dump ncyt , there isn't much else anything else one could buy which good value on an any international stock market. Crypto is great but risky as you say. Everything on the stock market is overvalued . Property etc. Oil and gas stocks are at aths and should not buy. Weapons makers such bae are a good bet but have so many losses offset in aerospace. At least ncyt has a current asset value of around £160m rn and yr buying for half the price lol

I haven't checked etherscan yet but are Bitfinex still printing another billion dollars worth of unbacked USDT from thin air to back BTC again . Hence the rise today? Or when will the USA collapse BTC whenever they want ? The SHA 256 algorithm which secures BTCs Blockchain was invented by the NSA after all, so one would assume they could nuke it whenever they wanted to . Lol

BC, Any other questions feel free to ask. The ****coin game I know inside out. Mining is my next speciality . Don't ask me about nfts, as I still don't get it as lost tons sniping worthless nfts at mint . Lol

Correction, Bitcoin was created by more than person. BTC for some mean a totally different thing

BTC was created than more than one person . Craig Wright was a part of it

U can buy used cheap BTC miners on eBay. Even better still, cheap second hand HNT miners for radio wave mining...as long as u have the whole designated hex area all to yrself.

It doesn't matter what background you have in crypto tbh ..most of the guys I know are kids and have literally made millions on dog coins and nfts without any education or work experience.
Same applies to me too. I have launched 9 pump and dump coins on BSC without much exp in Solidity or front and back end.

Peter Wall is actually employing a full time btc spot trader for Argo? .PMSL. PWs strategy is to buy high and sell low , like when he dumped all his Argo shares before it rocketed last year only for him to realize his mistake then to issue himself with thousands of options to buy low.

If you believe in BTC so much . Then you are wasting yr time with ARB, the spread price , the CEOs wages , the capex and wages make the whole thing a joke.

You could easily get 2 to 125x BTC long on perps on Binance or FTX without any of the above hassle

Argo might be running on "clean energy" but they are getting ripped off on the price rates. To survive they need to dump BTC at current prices which they are indeed doing however this is just the chicken and egg problem and self sabotaging themselves . This is even worse if other major miners are doing the same thing with certain death spiral incoming . Surprised the price held tbh

Testing is rampant globally but not in UK or US anymore . Current COVID wave should peak soon then winter should see huge numbers again

They basically are on course to have £98m cash year end. Total assets incl cash now prob around £150-160m. Dhsc dispute prob will win £50-60m not £80m as all their tests were CE and FDA approved.. COVID will not generate profit in near future. Useless board but prob oversold if market cap really is £78m. True value probably 300p once Dhsc is resolved .

Too much debt taken on for a useless warehouse in Texas. They literally could of gone to Iceland and built a geothermal plant and warehouse for much less the price. So why even build a plant in Texas and why b*tch about the Texan Summer ? Also Just wondering why they didn't dump any BTC at 40k to service the debt as they are in a severe death spiral now .

I'm just shocked you need a CEO or CTO or unnecessary excess staff for bitcoin mining on whatever scale. It's literally so easy to set up even kids in China could do it, you guys I feel are getting absolutely mugged . Rn I am mining HNT and switching to a 5g later this year.