Member Info for K3VMC

https://twitter.com/argoblockchain/status/1472433656014643203?s=12

This is a long video! Blonity interviews Perry. Blonity usually sends me to sleep, so I switched off when I first watched it, but I’m glad I persisted now.

I was impressed by the amount and depth of details Perry has about the miners they run and the way they tweak them to cope with hotter/cooler areas of their facilities, amongst other conditions. I’m not interested in other miners, but it seems like ARB is at one extreme and miners who just pile up new machines and run them are at the other. This probably explains the high mining efficiency ARB has.

It looks like ARB is a pioneer of immersion cooling and has trialled it in the Quebec facilities. That puts my mind at ease, as I now see that we have a stable design to implement, although Perry is always monitoring and adapting.

Are other miners ahead of us in implementing immersion cooling?

Thanks for that.

I couldn’t see any reason why he would have anything to do with Kenya, but it is a measure of my confidence in CICC that I thought it was possible!

I still can’t see me getting my cash back, though.

AB, agreed.

I think there was a discussion recently about ARB potentially having a large placing, if it wants to maintain its 25% holding in Pluto Digital, post IPO. I should have chipped in at the time, to remind the board that ARB has 1:1 warrants at 3p and 6p which it can exercise to maintain its 25%.

As I mentioned several times already, 6p placees turned down 10p offers back in May/June and the numbers being rumoured for the rumoured placing on TSXV, rumoured to be in 2022 Q1 are upwards of 20p. We will have to wait a maximum of 14 weeks to see if that rumour is true or false.

Someone was asking about the completion date of the Helios facility, so here is a link to the update from Matt Nickino. “Building buttoned up and keys handed over endgame of January, first week of February” at 1:10 in the video. 120 workers on site.

https://twitter.com/argoblockchain/status/1472989324274647040?s=21

poorinvestor

Building on schedule to be handed over last week of January.

flowerpot999

“ The same old posters that rock up for a few days every month like clockwork and just pump we're going up 30 to 40% tmrw or next few days, before just disappearing. ( not including moneyman in that)”

For instance?

Kenya, ffs. Half of the 20 employees “work” in Kenya and most of them are anonymous.

Herexcellency Madahana - Global Influencer.

Apart from the fact that she has no idea that Her and Excellency are two different words and her grammar is Kenyan, not English, her cv looks appalling.

“ For all your insurance need,
at cic group we keep our word”.

And they are all in Kenya. Anybody familiar with Kenyan business practices?

Kenya. FFS.

I give up here. Stuart, spend my money, because I bet a penny to a pound of ****, I’m never seeing that again.

flowerpot999, I don’t care if anyone posts negatively on ARB, unless I think that the post is untrue, or unjustified.

If you post that PWs statements are half truth, half “untruth”, then I will reply every time that you have no evidence of any lies on his part. If you have evidence of him lying, spit it out.

If you complain that PW doesn’t give you detailed figures, I will reply every time that you are being unreasonable, because no other miners does that, barring the on snippet that means nothing in isolation.

If you repeatedly post about imminent placings, I’m not too bothered. MARA has had three massive placings and placed orders at the height of machine prices, which may, or may not, be delivered on time.

I’m happy for placings to occur. I don’t believe they will happen under PWs £1.32p, but I don’t care. My only problem would be a failed placing, but when you strip out the £118m hodl from the mcap of £468m that leaves you with £350m, which is less than 36 months revenue, and that includes ZERO for the ipo value of ARBs holding in Pluto.

Sure, be negative on the above, if you can, but try to keep it straight.

flowerpot999

“ This is the trouble K3v.”

I have no trouble. This is a $600m, dual listed company. I don’t expect the ceo to be stating exact figures, unless they are audited. Name another ceo that gives that exact detail.

“There is no clear data to be able to prove whats true and accurate, when your disclosing vague figures with such vast differentials.”

He gave a general range and it’s not 100% differential. If you really feel the need to split hairs, which I don’t, then it’s the difference between $5k/$50k btc and $10k/$50k, which is three quarters of five eighths of **** all. Name one other miner that gives a break even cost of production.

“PW knows the break even cost per btc to the dollar every month I would expect, if he wanted to disclose it!”

Maybe he does, but which other miner gives that?

“Everyone knows the hashrates and difficulty changes all the time. People using that as an excuse it poor form in my book”

What excuse? Show me other miners that give the details you are exasperated at not being given by PW and I’ll consider whether I need to make excuses for anything!

flowerpot999

“ No, because its half truths, on old data”

That is poor form. UNLESS you can provide a clear, auditable alternative account, I’m just taking that as a personal insult to PW.

Totally unwarranted.

flowerpot999

“ Machine deposits not disclosed. Rigs on order cost per unit not given. Latest installed rigs price not disclosed.”

Now, if you can show me any miner that gives those details, I will apologise for thinking that you are just talking the price down! Lol. Go on, prove me wrong!

“Just clarity if all rigs at helios will be immersion.”

Ditto that, but really, you think I need to know what biscuits they buy, or brand of toilet paper? A little bit of fud is ok, but let’s not go overboard, eh?

“No mention of updates on pluto, wonderfi, Epic etc”.

Yes. Brilliant, isn’t it? We know Pluto is an outstanding success, from their twitter account and from their news, repeated by PIRI and RGO, yet PW feels no needs to shout about it. Very strange. The dark horse can be ePic.

Henry Quan

“ ePIC makes ASICs for cryptocurrency and enterprise blockchain processing. We have 1 miner in production and several more to come in 2021. ePIC's management and engineering team have been key contributors to the success of ATI Technologies, AMD and Qualcomm. The ePIC team has developed much of the consumer technologies in use today including 10 generations of GPUs, 6 generations of game console GPU and 4 generations of mobile SoC. We are the team behind some of top consumer products used in your home including the Playstation 4 & 5 as well as several Xbox's.”

And a great interview with PW. Very supportive of each other, PLUS we left $5m behind the clock for them. Guess who will be first with the newly designed ePichip?

https://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwjIm7_ziYn1AhVzolwKHYSIDYIQtwJ6BAgIEAI&url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DwAqsasCO7UI&usg=AOvVaw2Gq0k8EfCawwIa_0b6MrQl

Hexam, I thought PW said his machines had already paid for themselves. Not so?

flowerpot999 and jayblu48, thanks to both.

“ It is misleading as well as there is no cost per power individually or any overheads. I find it annoying in exactly the same way Pw implies argo is break even at $5k per btc”

Be fair. He didn’t imply, he stated, but he stated $5-10k/btc. I don’t have the figures to contradict that, so I’m taking his word for it.

Anyway, no other miner has 25% of Pluto Digital. I wonder why PIRI and RGO put out an RNS about PD 6x on crypto investment?

flowerpot999, jayblu48, I don’t understand what these efficiency numbers are measuring. Can you help me with that please?

HarChris

Hah! Going with the old logic argument! Trolls just walk straight through that. Nothing stops trolls, except the void.

Easier just to filter them.

I just watched a Yahoo interview with WonderFi. ARB invested in them, but only £100k. They are still developing their platform and spending cash but now valued at over USD100m.

Pluto digital is also developing its platform, but is making 6x+ on its crypto trading and investments. I can see that floating for way more than WonderFi.

ps The btc price flashed up during the interview. - $31k! We have come a long way since then!

Yes Mike. Great job, as always. A million here, a million there. Keep buying you institutions!

drlong

“ Im in at 70 p”

I may start a list of people who have the slightest interest in what you posted.