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Just out! Finncap raise the valuation price of Argo to 270p!
https://www.finncap.com/research-portal#/portal/finncap/companies/e0d46e39-f23f-4ae9-b0de-b88c030d9607
We are nearing mid-q4 when all the miners would be fully installed and operational. PW said they had been installing miners since September which are already up and running so we should receive an operational RNS tomorrow with an updated hashrate. Today the quiet period is over so we can look forward to updates from the company. We have an exciting time ahead.
Hopegreednothing.. This was the Q3 financial update. The operational update is tomorrow and will include a machine update and BTC mined for October.
Fantastic financial numbers and industry leading mining.
It's always healthy with a discussion as that is what these boards are for. I just think there have been a few too many "vs" threads lately with a bit of a sly twist behind it so I'm a bit wary of new threads of a similar nature. But I hope I helped you with some info and that you have a lovely day. On that note the SP is popping up :-)
We have 20k new rigs for the facility in Texas already ordered. PW said more machine orders will be announced shortly in the recent RNS video. I think it will be a combination of ePIC and bitmain. We'll know more when the quiet period ends and the financial update is published. We have the first 200mw of Texas already fully funded and the capability to reach "at least" 800mw so plenty of room to grow, certainly way past the other miner. The 20k new machines we are receiving will be used in the immersion facility which will be able to run them at a 40-50% higher rate and prolong the lifespan. We also have several defi investments doing very well which will be a possible large addition of funds with a raise or selling BTC. Argo are leaps ahead of the other miner with funding, planning, building, investments, mining margins, and experience. We also have machines being delivered and installed now bringing us to 1.7EH which we will also receive an update on shortly.
P.S. Sorry I don't have any other shares to slyly cross ramp.
Zcash up from around $100 in the beginning of October to $170 now. Argo currently mine 4.58% of the total global output and then convert it to BTC. That's going to be a nice addition to the financial update.
Argo financial update is released after Nasdaq close tonight and the end of the quiet period is tomorrow.
Should be a good period of updates regarding machine delivery and installation as well as an ePIC update, Pluto update, defi investments, and more future plans that include machines PW mentioned would be coming soon in a recent video.
Have a good week everyone and let's push for BTC to hit Plan B's $98k target for November!