Member Info for Herdie

The speech has basically given the green light to Bitcoin to go mainstream so a pretty big deal - Should never be surprised me or the other anyway, Both can co exist.

30p Wahay ;) !

Thats one way to finish up selling, if thats the case, Out with a bang. ! For every seller theres a buyer so hopefully with that selling pressure eased we may start to motor.. in 2nd gear ;-)

Have been reading the many messages on here the past few days and for all you that are currently underwater I really do wish you well, Hope todays RNS is a small step
In the right direction and that you soon find yourself back above the wet stuff. Good luck to you all.

No probs - It was 13% but has come back down, They are all pretty similar it seems today at around 6/7%

Use Nasdaq.

https://www.nasdaq.com/market-activity/stocks/arbk

This part mostly:
Intel's Bonanza Mine will compete with other ASIC-based devices from companies like Bitmain (which has a quasi-monopoly on high-end miners) and MicroBT. These companies suffer from long lead times and charge prohibitively high pricing (often based on Bitcoin's valuation) for their chips. They also have to rely on third-party design houses and foundries for manufacturing. Foundries like TSMC don't tend to give these companies preferential status in their fabs due to the uncertainty of the demand and sporadic nature of cryptomining; instead, they prioritize longer-term steady business from bigger chip designers.

And whats Intel just bought that has a Fab in yep.............. texas !

Interesting little article

https://www.tomshardware.com/news/intel-announces-bitcoin-mining-initiative-bonanza-mine-chips-ship-this-year

*Tower Semiconductor operates seven manufacturing facilities: Fab 1 and Fab 2 (150mm and 200mm) located in Migdal Haemek, Israel, Fab 3 and Fab 9 (200mm) located in Newport Beach, California and in San Antonio, Texas and three additional fabs (two 200mm and one 300mm) through TPSCo located in the Hokuriku region of Japan. In addition, Tower Semiconductor operates a worldwide design center in Netanya, Israel.*

Nice to see Intel acquire a semiconductor company for 5.4 Billion.

Maybe they need it to cover any upcoming fine ;)

Thanks buddy

Tell me more, haven’t seen news about this new member joining anywhere do you have a link ?

Will be really interesting to see who this 3rd member of the terapool will be this month. Lets hope its someone big. Griid could be a possibility too I guess

FP,
Not sure it’s a partnership of any sorts but Perrys tweet I found interesting “If you build it they will come” to me that sounds more than just an order for machines, But I may just be reading more into it.

Rory,
Argo just got a little sexy again ;)

The_chuz,
It only happens on very rare occasions ;)
And yep being in any sort of Btc miner is currently less attractive than a trip to the dentist for root canal - But no doubt it will all take of again at some point a bit like the actual asset does.

That’s my point though Chaebol they have all shot up and then Tanked back down - Arb went from 10p to over £3 - Mara $20 to $80 so all have had there runs at different times and at different points in the cycle. They are all now well underperforming and what’s most worrying is none no matter what news they currently release seem to be able to break out the rut, As for Bag holders I’m sure again that’s the case for all of them as many would have bought on the meteoric rises upwards and are now sat on heavy losses until sentiment returns at which point they will probably all have their time in the sun again.

Not really flown has it ts still approx 20/25% down from when Btc was last at this price - And that’s after all the fanfare of the new rigs being on order. As a sample March 1st 2021 Marathon $38.5 Btc $43.5k now Btc $43.5 Marathon $25.5 so in fact far more down than 25% - I haven’t got time to do all the others but I’d expect similar.

Riot are also well advanced on their own facilities and Immersion and why longterm they will probably be the best/safest bet out of them all.

And even after all of that Mara are down against Arb in that timeframe.