Member Info for K3VMC

Blessings on everyone who engages with these posters. I lost patience long ago.

As the days count down to a full house at Helios, ARB will tell us the immersion uplift.

It’s just a matter of time.

The news on getting out of UST at 93c was very good. I was wondering if Argo Labs might have lost out heavily there.

I don’t expect much communication from ARB, but they were quick to allay any speculation about losses, so happily surprised, for once.

The news about clock speeds under immersion is what I’m waiting for. Coupled with the cheapest electricity around, will be an unbeatable combination. Any competitors who can’t compete due to lower btc price or increased hosting costs, may turn out to be our next hardware supplier.

Thanks AB.:-)

“ Strong cash, production and debt position”

Fair point. Their $65m cash pile explains a lot of the £280m difference in valuations.

Not at this level, at least.

At about one tenth of the Vaalco mcap, I’m thinking there’s decent value here.

I always had problems with depreciation.

Are their miners depreciated over two years? Three? If they don’t buy any more rigs, is depreciation zero after these two years?

“ It's a shame - I think ARB is a very good business with excellent prospects but they keep shooting themselves in the foot with the inconsistent numbers and the cavalier way they present them. I'll certainly be taking little notice of the monthly updates from now on as I simply can't trust them anymore.”

To be perfectly honest, I never understood my own company’s accounts, so I’m not going to torture myself over Argo’s.

But you are a smart guy. Surely today is a great opportunity to resolve a lot of these questions, with the people who can actually answer them? You have some great Qs to ask, so why not get the As that actually mean something?

The ceo spent £3m at double this price.<< eyes rolled up emoji >>

AB thanks for doing that.

Just shows how smart ARB was in focussing on infrastructure, when the also-rans were focussing on buying miners. We all knew that at the time, but the trolls were droning otherwise.

He who laughs last, etc.

https://twitter.com/denverbitcoin/status/1526238115396042755?s=21&t=Jv5yK0i4Svw0DiQONq2Cqg

I can’t comment on the accuracy of these figures, but at 2c/kWh, ARB is looking like pretty good value.

Or have you already let it go?

Chaebol

“ Yep sometimes I can be a keyunt. You just lack serious credibility especially how wrong you are here but also with all the nasty **** you said about me so I ain’t gonna letting it go k3..”

What are you talking about? What aren’t you going to let go?

Jopp.J

The AML owed is looking for you. It needs your financial advice.

“ 55% down for me. Most silly it would be to sell now. Even if it will fall even deeper as this. At the end - it is only the money. Nothing else! Take care, folks! :)”.

gold001

“ Yeah but how much in the background.”

Well, that’s the thing about the background. You can’t see it. My £10k comment was on sales in L2, not sales we can’t see.

Anyway, I had a tiny top up at 17p. Happy with that.

You mean £10k?

Ok.

Profitable and with huge volumes, VIC will be making even more gains in market share, as smaller rivals run into supply chain problems. VIC invested heavily to avoid those, but smaller traders just can’t afford that investment.

In a world of instability, turmoils and anxiety. This board is rock solid in it predictability.

Onnwards and upwards!

Sterling effort, thank you.

Ticking along nicely. Obviously, they expected to have RS before the AGM, but it’s only a week-ish away.

GLA.

noncrypto

“ believe me this is not the peak. this is just the beginning”

I definitely believe that is your stated opinion. I don’t believe you are correct.

AB

“ NC, glad fiat is so stable. I'm sure the people of Turkey would agree.”

Turkish journalist said on BBCR4 that her landlord wants to 4x her rent. Dreadful state there.
Erdogan has problems with charging interest on bank accounts as it’s against sharia.