Member Info for LimpingAlong

If we still mine 172 off a “difficult” month (74%), I’m ok with that. Still a modest $7,000,000 at today’s prices give or take a few hundred grand! :-)

@AdeleK, one figure is btc mined ytd, and the other is hodl total.

@IanH1 - “I wonder if this has anything to do with the end of the agreement with Celsius? Crypto currency management fees were zero this month. Arb have taken ownership of machines but where to put them before Helios comes on-line ;).”

I would think that would account for a good portion of it certainly.

Looks very positive right now!

Chuz, So in a nutshell you have issues with btc itself? I would humbly suggest that this definitely is not the space for you to be in if that is indeed the case, and that is meant in the most sincerest sense.

Chuz, I suppose anything could become worthless overnight though couldn’t it? Goods and services are only as good as their last product, Game makers are only as
good as their last game, commodities are only worth what people will pay for them, houses are only worth what people will pay for them etc….. nothing has “the right” to a specific value (and we saw some spectacular examples of that last week), and nothing has “the right” to be here forever. There is risk in any investment, just gotta decide if it’s an acceptable level to you or not.

Chuz - “…. except for the hope that someone will now be willing to pay more for thier share than than they did originally.” Isn’t that the same for any share? (Unless you are short) I mean it was nice to give everyone a reminder, but I’m not sure what other purpose your post serves?

A large, well known social media company had a lot of volume on Friday as well!

“Makes me thankful you’re not in Mara we don’t need stupid money.”

Mara gonna need all the money it can get, the securities fraud class action they face is gonna clean them out.

Mara should be leagues ahead but there are far too many uncertainties there now, it’s had its day I fear.
Argo can learn a lot from Maras mistakes.

FP, I think we agree then, 60000 rigs, no space for all of them yet, won’t have them all running until hopefully 2023 so units just sitting around gathering dust…Oh and a class action for securities fraud.
Nah, I’m glad PW not taking Argo in that direction personally. Nice and steady, “smart growth”, this is the place to be.

@FP - “The link you posted said early 2023 for all their paid for machine to be installed, not just the 60k they have ready to hook up waiting at their new site.” - waiting for what? Xmas?! Paid machines not fully installed until 2023? That’s horrendous business!

Facts are there FP - securities fraud class action

I would’ve thought their SP would be through the roof with all those stats!
Maybe it’s the impending securities fraud class action, or maybe it’s the fact that they are putting their rigs in containers (sounds like qbt or the likes).

“Deployments of miners into containers at new facilities are underway and expected to accelerate during the first quarter and throughout the rest of 2022.” - In other words, it’ll hopefully be ready in 2023!

FP, your lack of any answers speaks volumes.

FP, I’m struggling to make sense of what you are saying now, maybe it’s a keyboard problem.
I think the gist of it is that you are here to hang about until funding is announced, then buy the dip if it happens, then be confident that the SP will rise to the heavens making you your fortune? Cool! But why just Argo? You are so down on the fundamentals, what makes you convinced it will rise?

Put the bottle down!

So you’re not a trader but not long either yet still feel the need to spin an unbalanced negative narrative, weird!
I’m long, I’m confident, and I trust in the strategy put in place by PW, hence why I invest and will continue to add more.
You say you’ll invest once the finance for the miners is decided (aka the Chuz approach) but guess what, there maybe further financing required if more rigs are ordered, and again, and again!
You are so negative on Argo I simply cannot understand why, in your mindset, you would even consider putting a
penny here ever again??!! You should not become obsessed with something you don’t believe in and that is where you seem to be right now.

So FP if you are only interested in trading this then why the constant need to comment? Surely if you are truly a trader you don’t care about fundamentals or details about future
growth, you are only interested in numbers on a chart and technical indicators.
You don’t add up FP.

FP, if you will-fully ignore the freebies being thrown out there by the people running the Company, more fool you.
If you are so against the way Argo goes about business, move on to somewhere you are comfortable with. It’s really quite easy.