Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
MMCrypto: âGuys, the price might go up but it could also go downâ. Next day, price moves up or down. MMCrypto: âExactly as a I predicted!â. Congratulations for predicting two possible binary outcomes of which one came true. Canât stand the clickbait he produces.
I care more about roadmap to build fundamental strength than chasing the hype. If it takes 6 weeks or 6 months to list to NASDAQ, Iâm fine with it. Timing is golden and Iâd rather announce when the stacks are in our favour. Eg we have made good and visible progress on our facilities and mining capabilities that can be PRâd to the max once accessible to all. When the evidence is more tangible, the PR will be more effective.
Every retracement gets easier. Keep that in mind. If youâre in this for the long term and sweating profusely right now because you just got in, youâll be laughing along with the next one and giving words of comfort to the next generation of newcomers.
We just bounced again with another buy order coming through. We shouldnât go below 44/45. Happy to make a call and be proven wrong, but Iâm chilling over here. Will be back over 50k before you know it.
We âcrashedâ to 50k. When we broke 50k this entire forum was euphoric. Itâs still 50k. Relax. Let this settle. Onwards and upwards once weâve established our new floor. I seriously donât understand how anyone expects anything to go up in a straight line. FTSE doesnât, shares donât, gold doesnât, silver doesnât, ... why the assumption that BTC does?
Trying to keep realistic rather than hype up expectations. I do fell thereâs a chance OTCQX will be announced, not NASDAQ. Peter alluded to OTCQX in an interview recently. Could be an interim until NASDAQ application processed?
Press release
22 February 2021
Argo Blockchain PLC
('Argo' or 'The Company')
Priority Supply and Collaboration Agreement Between Argo and ePIC
Argo Blockchain, the leading cryptocurrency miner based in the UK (LSE: ARB), is pleased to announce it has signed a commercial agreement with ePIC Blockchain Technologies (ePIC), a supplier of industry-leading ASIC mining machines which will allow Argo priority access to state-of-the-art ASIC mining rigs. The companies will also work together throughout the development process to build machines specifically to Argo's specifications.
As part of the agreement, Argo has committed to an initial purchase of US$8 million of ePIC's mining rigs and will have priority on all future production runs of ePIC machines globally for 2021 and 2022. Expected delivery of the machines will begin in early Q4, 2021. Larger scale delivery of ePIC machines will commence in 2022.
In addition, the Company will assist in the development and testing of future products and will be given an option of a first right of refusal to purchase additional production. Argo will also provide space and capacity at one of its facilities for ePIC's research and innovation engineering teams for development purposes for future machines.
Based in North America, the ePIC team has a winning track record of designing and delivering industry leading semiconductors for companies such as Sony, Nintendo, AMD, ATI Technologies Inc, Microsoft, Qualcomm, and others. Their experience in high performance computing, parallel processing, and power efficiency is exceptional.
Peter Wall, Chief Executive of Argo Blockchain, said: "We are really excited about this agreement and working with ePIC, one of the industry's preeminent ASIC design firms. This partnership will not only give Argo priority in accessing the most advanced mining infrastructure available, but it also highlights our reputation within the sector as an innovative and forward-thinking cryptocurrency miner. By working with a world-class supplier of ASICs at the development and R&D phase to collaboratively create machines to our own specification, it will only further our technical capabilities and efficiency in our mining operations."
Henry Quan, ePIC CEO, said: "ePIC is delighted to partner with Argo to establish North America as a center of excellence for Blockchain mining and decentralization of blockchain security to rival Asia. The teams at ePIC and Argo are strategically aligned in the quest to deliver innovative solutions and efficiencies only made possible through a close partnership. This vertical integration of sorts enables the lockstep delivery of advanced blockchain platforms combined with datacenter excellence."
Perry Hothi, Chief Technical Officer of Argo said: "This will be a game changer for Argo and ePIC. We are excited with the synergy between our teams. With the expertise of ePIC on the chip side combined with the mining capabil
Sorry if this has been posted, but whenever Argo tweets anything about looking forward to next week a big announcement drops.
Trust me, itâll be a good week #NASDAQ
https://twitter.com/argoblockchain/status/1363171617195630593?s=21