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Congrats all its been a wild ride today. I think this is just the start if Bitcoin keep going, which I think it will.
Easy £1 minimum but if the US listings keep coming this will be cheap.
PS: Emma stop reading the BB's and get back to work...
Agreed good post. I too have been a LTH and think this is a £1 minimum stock once the USA get full access which is just around the corner. GLA
RobinsonCrypto
Old DK is a card isnt he. Clearly here for a wind up.
Beautiful :-)
I watched the OTC all day yesterday. On the Stockwits board the yanks are baffled at this discount price. The Germans were buying at 70 cents yesterday. LSE still slow to move on this gem.
This is only the start - for us LTH its been a long time coming but buckle up and enjoy the ride.
RobinsonCrypto
Congrats Albert. Wishing you and the missus all the best. Getting in early on ARB takes balls of steel and you did it...
I think the ride is only just starting but enjoy your profits and sit back and relex...
Its currently 43p on the German market with the US market opening in an hour. I presume we'll open on where the US market finishes?
You too Slowroll - Have a good Christmas and keep on trucking :-)
No worries thisisgood - Stay safe and enjoy....
Happy Christmas all.
Been a tough old year especially being a long time ARB holder. Looks like we could be on the cusp of something great. With a rise in Bitcoin and strong year end results, we could be be x 5 minimum.
Great input from all and keep uo the good work all. Go Argonauts...
Robinson Crypto
Just added the $BTC.X bit :-)
Nice work
The OTC finished on 0.29 cents (about 22p) https://www.otcmarkets.com/stock/ARBKF/overview
Only 500,000 traded but positive action.
Good luck all and have a cracking Xmas -
RobinsonCrypto
Agreed, Blonity is doing a fantastic job. As are all on this board. Keep up the job work all.
Same here, normally its an instant buy but it took about 30 mins this morning. Got 14.91.
With year end results, US printing more money and a global slowdown. Think ARB still has a lot to go yet...
Mornig Nelson - Welcome aboard and to the Aargonauts......
Argo do a monthly update, next one due soon. This extract from last months has the holding amount. In short 137 BTC held. Hope it helps.
"During the month of October, Argo mined 126 Bitcoin or Bitcoin Equivalent (BTC) compared to 127 Bitcoin Equivalent in September. This takes the total amount of BTC mined year-to-date to 2,254 BTC.
Based on daily foreign exchange rates and cryptocurrency prices during the month, mining revenue in October amounted to £1.2 million (September 2020: £1.1 million). Argo generated this income at an average monthly mining margin of approximately 40% for the month of October (September 2020: 37%).
At the end of October, the company held 137 BTC in Bitcoin and BTC equivalents, in accordance with the Company's asset management strategy. Argo's total mining capacity is 16,000 machines and 645 petahash in addition to 280 Megasols of equihash mining capacity. "
WIth the BTC up 80/90% in the last couple of months and holding strong over the 18.5 mark, it does perplex me why ARB hasnt moved as much. I suppose ARB has gone up about 80% since July/Aug but we should be in a much stronger position. Been holding for about 1.5 years and not planning on selling, just wondering why the UK market is so slow on the uptake?
I'm sure we'll be fine and will look back at this stage and chuckle. Keep the faith all and have a great day... Mindfart over...
How do we compare against the other listed miners in the US - in coins mined per month? I was under the impression that we outperform most. Sorry, I should check myself but I'm at work.
Just imagining Rishi Sunak investing 100 Billion of UK tax payers money. Love it... Now that would be a massive brass balls move.
Its looking good isnt it.... And apparently the Bull run is yet still to come. I have a smile on my face and a chubby in my trousers.
Good luck all and well done for keeping the faith.