Member Info for Scottman72

FFS stuck to 7p like glue. Any effort either way is quickly reversed.
Can’t wait for this bond to break.

One day soon we will stop bouncing of this 7p freekin’ resistance and power through to 14p !!!!!
Grrrrrr

9100 next :-)

I liked the way he smiled/grinned each time the future was discussed.
;-)

$10m per quarter

I recon we are mining at a rate of about $3.3m per month now. So if BTC rises along with the increase in hash rate and the final lot of ordered machines get installed then Q1 revenue could be just over $10m.
Nice figure to achieve in my mind.

I believe we are actually being held back due to concerns over revenue post halving.

Once this is out of the way and we confirm continued good revenue I believe the sp will motor. Particularly if the bull run has now started as the weekly macd is crossing positive.

Totally agree.

Don’t forget the extra machines installed now as well.
;)

I’m hoping they get the final delivery early as well as the second and have them all installed before the end of February. The sooner that occurs the sooner the next order can be placed for the full electrical supply quota.
Roll on the revenues.

Pressures on to break 8600. Will she give?

On the charge again. Can it keep it rather than drop back.
Hopefully opening blue again

Will we see a drop before close?

I think buying more machines is more beneficial for ARB than providing a dividend or a share buyback.
;)

Boing boing boing boing boing

Not clear who the idiot is?
If this is a hidden order it will be broken up into smaller sizes to ease trading and ensure the best prices are achieved.
These trades happen at different times during the day, the time stamp of which will be the concluding trade.
So it is quite feasible for a hidden trade to be made in the morning, affect trading during the day and then receive the time stamp of the final fulfilling trade in extended hours. As appears to be the case here.

Ok, so looks like it was the former.
Seems slightly low in mining rate for the added 2nd batch. But can only be good.
Predictions for the year?
Without adding any further orders for machines it would be reasonable to expect 25-30m revenue for 2020, taking into account difficulty growth.
If they add more machines then obviously higher.

Either way. They will be installed and operational soon and if we can get the third batch installed early as well that’s only going to benefit ARB.
Roll on the additional revenue.

Yes JohnHenry,
I think they’ve messed up somewhere.
Either they have received the second batch and they have managed to install them but not updated the current mining rate in line with this.
Or they have been keen to state that the second batch has arrived and been installed, but isn’t actually installed yet.
I think the later is probably the case as they were aiming to get the first batch installed by 10th Jan. so to have the second batch arrive early and installed by today seems a little stretched.

I take it from the RNS that they have now received the second batch but havnt installed them yet. So shortly should be rising from 380 PETA to approximately 530 Peta.

Think I found it anyway.
https://www.forbes.com/sites/billybambrough/2020/01/19/forget-the-halvingcould-this-be-what-sends-bitcoin-over-10000/#5f41262e91cb