RE: Meanwhile arbk 300k usd volume2 May 2022 22:28
Possibly the Americans just doubt Argo can deliver? I don’t agree if that’s the case, but I’m just speculating. Our mining figures have been below where they should have been for a while now too, that probably hasn’t sat well with Americans, regardless of reason.
Whatever the issue short term, I maintain the opinion that if we deliver the 5.5EH EOY without immersion or dilution and Texas is what we believe it to be, the shorts will close their positions and go long. America will take note if a company with a mcap of 300m dollars or so is mining anywhere in the range of 500 BTC a month.
Confidence with performance, can be restored.