Member Info for K3VMC

LongInvestor

“ “ These payment are to be made *before* delivery so we have to pay $70mln+ *before we gain any benefit* from them!””

There is no mention of $70m+. While you may feel free to speculate on the value of this deal, it CLEARLY states that rigs will be paid for in instalments, as machines arrive. For all we know, they may take, and pay for, 1000 rigs at a time, so your $70m+ before any benefit is a clear and obvious fabrication.

Zero integrity.

the_Chuz

“ Well.. It looks like the market is definatley less impressed than I was.”

The market will spend the rest of the day fleecing gullible PIs and will pass their shares on to IIs.

Not my problem.

$20m

https://plutodigital.medium.com/pluto-digital-plc-takes-over-yop-a-20-million-valued-defi-project-3fa18ad8d50d

LongInvestor

“ These payment are to be made *before* delivery so we have to pay $70mln+ *before we gain any benefit* from them!”

Nowhere, in the RNS, does it mention $70m+.

You are entitled to your opinion, but not your own facts. I accept your apology, in advance.

Compared to GROC. Somehow, I manage to be 10% down on its first day of trading.

I wasn’t expecting instant riches, but come on!

I struggle to think why placees at 10p would be selling at 9p.

Any ideas from the board?

misterbeck

“ @Longinvestor. Unfortunately I have to agree with you. Thats the way I see it too.”

As always, I look forward to you buying back in and getting back to ramping. Nobody does it better!

Gensler is 100% Bitcoin, 0% Shtcoin. If you watch the YouTube video of Peter Wall and Henry Quan (June 21, 2021), Henny explains what he sees as the problem with Proof of Stake and why he sees Etherium as “Evil” as it can, and will, be controlled by Wall Street, “making the rich, richer”. Henry says that goes against the whole Bitcoin ethos, which is distributed and controlled by no-one.

Gensler and the SEC will hunt them down as unauthorised securities, while promoting btc.

Pop, I’m having a rest from you for a while. I generally try to avoid any kind of negativity in my life and you have worked your way to the top again.

ArgoBull

“ It makes sense to use immersion in Texas as it can get very hot there so fan cooling would be inefficient and very expensive (extra MW required for cooling system/fans on top of miner requirement). Immersion has the advantage that it reduces the electricity requirements for both the mining and the cooling system, whilst allowing overclocking.

I don't believe immersion has been done at this scale before - could be wrong, please correct me! However I see this as Argo's key differentiator, and will allow us to get to the top.”

We have already lined up the ducks!!

We poached an immersion specialist from Compute North, where Jean Esquier had only worked for nine months, before moving to ARGO.

“ Jean Esquier will oversee Compute North’s engineering research and development for continuous improvement of the company’s infrastructure, including projects for modular container design and immersion for ASIC and GPUs. Prior to joining Compute North, Jean worked for multiple blockchain companies, most recently as the Chief Operating Officer for colocation company Savage IO. Jean has a Bachelor of Science in Mechanical Engineering and Geology from the University of Rochester, and a Master of Science in Petroleum Engineering from the University of Southern California, with a focus in Smart Sensors, Data Mining, and Advanced Operations with Remote Visualization and Control.”

ps Jean is founder and president of Synos. Useful guy to have on the team.

“ Synos Corp and its partners provide its clients with project management and consulting services for manufacturing processes, raw material logistics and sourcing, and general business issues that arise with international projects between the US and China.”

600Thieves

“ In nearly 10 years on this BB, I have NEVER FILTERED ANYONE but I am tempted to now with 'C' as this one has issued a health warning" GL argonauts/true believers, 600”

I didn’t regret it.

Lolades78

Getting up at 4am to get a quick $48k of ARBK?

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

jezconnor

“ Nice to see our mining capacity rise. Feel a bit ambivilant about the new order for miners, the ePic deal was announced only to be backtracked on. Until Argo get physical delivery of the machines anything can happen in the next 6 months”

I think you have to read between the lines here. The following is from the 2021H1 report.

“ The Company announces an update to its 22 February 2021 announcement relating to the expansion of the Company's mining capacity in Q4 2021 and 2022. As previously announced, Argo committed to an initial purchase of US$8 million of mining rigs from ePIC Blockchain Technologies ("ePIC"), with delivery expected to begin in Q4 2021. However, based on limitations of technology, Argo and ePIC have agreed to amend the agreement. Under the amended agreement, the initial purchase order was cancelled and, at Argo's option, $5 million deposited with ePIC, in whole or in part, can be applied to the purchase of ePIC mining machines or ePIC common stock or repaid in full.”

If you look at the YouTube video with PW and Henry Quan (June 21, 2021), it’s obvious to me that ARB and ePic have a de facto partnership. HQ states, “Peter, we are going to supply you first”.

ARB gives ePic R&D space in its facilities and they are working together on the design project. I would not be surprised to learn that the $8m ARB order and subsequent postponement for the rigs was just PW’s way of lending them the development cash, “without the bureaucracy “.

ePic will look after us well.

From reading the stocktwits bb, I think that this RNS will have a bigger effect on US investors than on the UK.

I think there were tens of thousands of RobinHood investors that have little market experience, knew little about ARB and were happy to flip for a few cents. Maybe they will take another look at what they bought into, after this RNS.

All eyes on the Q3 update.

Now 136k, down from 146k the previous day and 2.5m at the IPO.

TheeDuke

“ Have a good day all and I get in there before the trolls, Q2 2022 mentioned in the RNS, to me I read in to this EPIC machines be ready before this .. . hahaha”

It’s worth following Pluto Digital on Twitter and tuning in to the debates they host. A recent topic was the demand for new mining rigs. The consensus was that the ideal scenario would be to have vastly increased manufacturing capacity in North America. They didn’t mention ePic by name, but….

supersaints66

“ Hopefully the Chinese government clampdown on all things bitcoin won't extend to Bitmain”

Pluto Digital lead a panel discussion on Twitter last night, to discuss the effects of the latest China crackdown. Bitmain was discussed at length. The consensus was that they will probably move their production to their Indonesia factories.

Hill18

“ Any mention of the cost of these machines and how,following the initial deposit they will be paid for? .”

Read the RNS!!!

L200

Thanks for pointing that out. Definitely from yesterday.

I still think you’re a twister.