Fundamentals looking v.good still7 Jan 2021 09:50
Argo Blockchain
1/ Operational update for December 2020:
-Mined 96 BTC
-Mining rev of £1.63 m at a mining margin of 60%
-Total amt of BTC mined in 2020: 2,465 BTC
-At month-end held 209 BTC or equivalents (value today at $~7mln)
-Total mining capacity is 16k rigs: 645 SHA-256 PH + 280 M/S Equihash
20+ mln in cash
Puts this at £2 +
So its creating revenue, cash at bank, assets across the US, ongoing turnover and all time high price which is set to raise if you review literally any sell side publishing. JP Morgan said 146k a coin, others have said 300k, 400k..