Member Info for LimpingAlong

God, sick boy Spag sounds desperate! Pathetic to see.

PW smart growth absolutely on point, PH’s genius huge. Marketing leading blockchain technology here, and just getting started! Strong Buy!

I think you hit a nerve there BC, looks like you’ve called that just right!

Great post from AB earlier worth another look -

“Basing calcs off the Intel BMZ2 chip based GRIID Miner - 135 TH/s, 3510W (Efficiency 26 W/TH) Cost per machine = $5625

600MW = approx 150,000 of the above spec machines (allowing some margin for cooling), which would give us 20.2 EH. This would cost USD 843 Mil.

Given the number of transformers ordered, I'm expecting 2 more buildings, which would cost about $100mil each.

So just over USD$1bil in total.

Now, we might find that Argo's machines are better than GRIID's and can be immersed/overclocked, so less machines required for the same hash - which could significantly decrease the cost. Also it's possible the machines could be slightly cheaper, as we won't need things like chassis/fans. In fact maybe instead of X machines per tank we have 1 mega machine per tank. This sort of detail we will find out over time.

Regarding funding:
Building: The first 200MW completion is imminent and funded. This building could be mortgaged and the funds used to build out the other two buildings.
Machines: ROI on these spec machines is 8 to 9 months. These could be purchased in a sliding window exponential growth approach and self funded in this manner, or via a loan. There are far more loan options available now than there was a year ago.

In addition to the 5 or so EH that the first building will achieve, we could be at > 25EH mid next year, without dilution.”

The progress is great, and the forward thinking ordering the next transformers is smart. PW a safe pair of hands, PH a genius.

The voice of reason Albert, as always. Your post is spot on.

For those who missed it, it’s a good read -

https://www.nytimes.com/2022/03/22/technology/bitcoin-miners-environment-crypto.html

Doubt it

Hey look, the sicko has unblocked me….again!!!
I’m starting to get a little creeped out if I’m honest. We all know where he/it should be…..!

“Thankfully I will have more ammo to throw in here when I think the time will be right too, than if I just aimlessly held & held watching my investment turn to heavy losses. ” - FP, your assumption that many people have done that shows ignorance (understandable, you are not in any groups) on your part and a whiff of arrogance. You and your pals could not have been more wrong as to what most of the 80 odd members of discord have been doing or indeed how much more there is to the group than you assume. Argo is how it started but it is now just a part of a way bigger site where money is made in many sectors, not just crypto.
The real beauty though is that it is free of some of the ****s that you align yourself with, that mostly talk to themselves here nowadays, and quite plainly have an agenda. It’s a shame you are so monumentally blinkered and only focus on 1 or 2 Company’s in a single space, but hey…you make your bed and all that….!

“God help anyone that kept hold of their shares because of them.” - complete drama Queen as always FP!

“Thankfully those that didn't listen are in a great position to buy back in and make the most of any gains when the come along when helios starts to gain traction” - Obviously not you then, as you and that sick head case of a mate of yours think this is the dogs as you’ve spouted continuously for the last year.

FP, you’ll never know

It’s just quiet here FP, still plenty of chat and good info in other groups.

Couldn’t agree more, took some profit from PFE and MRNA today and helped myself to a few more here!

Chuz - “Ive said if/when they do that I sell up completely, because if that's the strategy then it's best to just get out as the company will exist to basically just pay its staff.”

So damned if they do damned if they don’t with you Chuz.
Serious question, why don’t you just go, you are miserable here that’s plain to see.

Chuz - “…….where as alot think its slow and steady, quarters and years.” including the CEO who couldn’t be any clearer in that. The sooner you accept that, the sooner you’ll be able to relax.

“We have the 20k s19s on order (still to be paid for) and no other increase in hashrate.. Nice shed.” - - Chuz, you just can’t help it can you, so fast to try and find a negative in anything that comes out. You even have to post amendments to your own posts you’re in such a rush to bash this! Regular RNSs and updates coming now, just relax!

Lol!

Coming together beautifully, nice and steady, smart growth…..showing how how it’s done here.

This is the advantage of the smart growth approach, PW doesn’t need to go find huge swathes of cash at once, instead it’s smaller much more manageable payments that can be achieved by non-dilutive measures paying for everything in instalments. Clever stuff!