Member Info for LimpingAlong

@LTInv, yeah the comparisons 20/21 look very good indeed. Lots to be excited for this year!

@Herdie, Celsius?

A nice précis put together by someone. All good!!!!!!

* Energy provided by majority renewable wind power via McAdoo Wind Farm’s Cottonwood Substation at a cost of sub $0.02/kWh.
* Dickens County produces 446,772MW/h from wind energy.
* Total energy use of Helios at full capacity/build: 800MW
* The cost of the first 2 phases has been covered by the Company’s existing cash resources and the net proceeds of the fundraising via Nasdaq and Senior Notes.
* The costs do not include the total/complete purchase cost of miners for the site.

Helios Phase 2
* +100MW of power capacity using immersion technology
* Expected to be completed in the second half of 2022
* Estimated cost: $30 million

Helios Phase 1
* Currently in progress, comprising and expected to be completed in the first half of 2022
* +100MW of power capacity
* It includes the electrical interconnection, infrastructure and machine hosting facilities using immersion technology.
* Estimated cost: $50 million
* 20,000 Bitmain Antminer S19J Pro machines.
* RNS dated 30th September 2021:
* “…to be paid in periodic installments before final shipment. The initial deposit is currently being funded by the Company’s cash reserves.”
* The machines are expected to increase Argo’s hashrate by over 2 Exahash and are expected to be delivered and installed at Helios in monthly batches from Q2 2022 through Q3 2022.
* Based on existing capacity and previous orders, Argo’s mining capacity is expected to be 1.7 Exahash by mid-Q4 2021.
* This expansion will bring the Company’s total mining capacity to 3.7 Exahash by the end of Q3 2022. The Company is pleased to continue and strengthen its longstanding relationship with Bitmain.

Operational Update
Argo Blockchain plc, a global leader in cryptocurrency mining (LSE: ARB; NASDAQ: ARBK), is pleased to provide the following operational update for December 2021.
 
During the month of December, Argo mined 214 Bitcoin or Bitcoin Equivalent (together, BTC) compared to 185 BTC in November. This brings the total amount of BTC mined in 2021 to 2,045 BTC.
 
Based on daily foreign exchange rates and cryptocurrency prices during the month, mining revenue in December amounted to £7.82 million [$10.55 million*] (November 2021: £8.29 million [$11.20 million*]).
 
Argo generated this income at a Bitcoin and Bitcoin Equivalent Mining Margin of approximately 83% for the month of December (November 2021: 86%).
 
At the end of December, the Company owned 2,595 Bitcoin or Bitcoin Equivalent.

Plenty of Firms after this case, looks iron clad….

https://www.businesswire.com/news/home/20220102005010/en/ROSEN-A-LEADING-LAW-FIRM-Encourages-Marathon-Digital-Holdings-Inc.-fka-Marathon-Patent-Group-Inc.-Investors-With-Losses-to-Secure-Counsel-Before-Important-February-15-Deadline-in-Securities-Class-Action-%E2%80%93-MARA

@LTInv…Yep, there’s a few of them, but mercifully not too many now.

@LTInv, calamari enjoys chaebol’s comments because he’s also a troll, your instincts are correct.

During the month of December, Argo mined 214 Bitcoin or Bitcoin Equivalent (together, BTC) compared to 185 BTC in November. This brings the total amount of BTC mined in 2021 to 2,045 BTC. Hodl well above 2500 btc, Helios on track, happy days. A well deserved relaxing weekend to enjoy for all the Arb investors here.

Oooof! This is gonna be ugly…..

https://www.globenewswire.com/news-release/2022/01/07/2362896/0/en/Kessler-Topaz-Meltzer-Check-LLP-Reminds-Shareholders-of-Marathon-Digital-Holdings-Inc-of-Deadline-in-Securities-Fraud-Class-Action-Lawsuit-and-Encourages-Investors-with-Significant.html

Blues blue to55 pot and looks like it’s heading that way in the US as well!!! Spend the weekend brushing up Chaebol.

Chaebol
Posts: 2,279
Price: 84.00
No Opinion
RE: ChaebolToday 14:23
Flumpster looks like another red day again

But hey wtfdik ;) x ——— Not a lot by the looks of it! Lol.

@jayblu, it might be worth a punt when it drops below $20, depends on the lawsuit though I guess, probably a drawn out mess!

@FP, are you referencing the below? Surely you’re not comparing?

LimpingAlong
Posts: 1,645
Price: 87.50
No Opinion
RE: Great monthly figuresToday 10:37
FP - so the thread reads “Great Monthly Figures” on the arb board, so your response is, “others have done better”?!

@FP, I’m not going to even try to decipher that post you just put up! lmfao.

Interesting, the date on it says 6 Jan ‘22

@FP, I’m not doing it on the Mara board, it’s the ARB board. See the difference? It’s an article, not my speculation.

https://www.law.com/legalnewswire/news.php?id=2969706