Member Info for Scottman72

Seems a reasonable assessment.
Only other question I have is . . .
Is 6.3p the new 7p?
:(

Bitcoin as a safe haven is only in its infancy. It’s still too volatile to be seen as the safe haven it will eventually become.
A safe haven by its very nature has to be safe from the fluctuations/drops in the equities. If that ‘safe haven’ also has its own fluctuations of multiple 10’s % in general variations, including large daily drops (in particular) then it won’t be seen as a safe haven by most but rather I risky punt.

Some women take a long time to come ;)
All good things come to those that wait.

She’s coming she’s coming

Thinking about it.
Just needs to try f*kin’ harder.
;)

There’s statistics and probabilities of getting the BTC reward with each block mined.
I’ll be optimistic and go for 54,000 BTC
;)

Sorry Qwerty completely disagree.
Share buybacks will achieve nothing for ARB. Dividends at 5% now will cost far less than 5% when the MC is more realistic. That’s one of the reasons why a reasonable dividend now will kickstart an sp rise.

Well that was a bit of a crash

It might be that the electricity contract is based around how many they can fit space wise. So maybe 10,000 more and then they need a new warehouse for more.

And they need to give some serious thought to that.
They have little risk in taking on a loan and the benefits would be huge. The only issue might be how many machines and how quickly. Plus additional warehousing to install them into. I'm not currently clear on how many machines can be installed in their current facilities but shortly they will need more space.

There's no point keeping 7-10m as a buffer.
ARB will have no issues covering general running costs for a long time, unless they don't have insurance to cover damage to the hardware. Which would be stupid.
I tend to agree that 1m in dividends wouldn't impact hardware purchase too much but should have a good impact on sp.

Took a bit of time to get started, but that’ll be better he cap closed soon.
Hopefully continue to continue 11k before the weekend.

Hopefully, just the issue of breaking this freakin’ tie to 7p to worry about.

I'm just going to add three things to think about for tomorrow.
1) CME gaps normally get filled quite quickly. And there is a large one from the weekend back to $10.4k.
2) A daily golden cross is likely to occur tomorrow.
3) Certain important investors were on holiday today and when then start trading again tomorrow they will be looking at a decent price to invest.
Just saying, just a few things to think about. Might not happen but at least likely to be volatle.

They may need an additional setup action of spraying with disinfectant and drying ;)
If they can negotiate the price per unit they managed last time there could be an order announced within the next coupe of months.

Their aim has been to fill their capacity. So we can expect another order announced. Hopefully sooner rather than later.

Woody,
Don't try and be an expert on things you clearly don't understand.
ARB are not investors in Crypto, they are a mining company that grows through mining. Not holding.
As a simple example (hope your brain cell can keep up). Payback on hardware will be approaching 5-6 onths again, maybe less. That means any revenue from BTC mined which is invested in hardware returns the BTC used in 5-6 months.
So if you want to compare you're "they need to hold 20-30%" with buying hardware. After 5-6 months, you'd only have that BTC, which may or may not grow in value. Whereas if it had been sold and invested in hardware you'd have both the same number of BTC as well as nice shiny hardware generating more shiny BTC for you.
Was that simple enough for you. Now who were you saying was a moron????

I think we should go for an end of week run tomorrow.
Finish Ona high of 7.5p
;)

????????????

Looks like we are back to 7.6p without BTC increasing.
Hopefully momentum is the right way niw