Member Info for Wing-it

Thats a good sign.

Other miners flying!

For me with Arb it’s the comparison with the other miners, its the best performing of them all and a fraction of their market cap

Im In

Thing is all the other miners are likely to still increase 10 fold this year

And Arb mine more bitcoin

Still only 1/4 of Riot Blockchain market cap

Arb is currently bigger than Riot but a 5th of the market cap

Because they are making 1million per month profit and only a p/e of around 12 currently, should be p/e of at least 20

Moving up

So currently making about £1million per month x 12 and p/e of 20, market cap should be around 240million

*20k per bitcoin

If Argo mine 200 bitcoin a month once the new machines are up and running and assume 20k profit and P/E 20 that’s nearly a 1billon dollar market cap!

He sold the shares off market so somebody wants them!

So Peter flipped the the option shares only makes sense a no brainier really if you don't have the cash.

Spot on rookie

Argo just tweeted, are they hinting 5 bag from here, maybe.

What would be nice this morning is an RNS saying we have managed to double our order of s19 miners for Feb 21

Not sure what you are trying to say but I would imagine Argo will be bought out if bitcoin really takes off next year

I think once the business model is proven and bitcoin stays above 20k long term, then this will keeping rising to where it should be (£1) I don’t think people believe yet. Also not sure its a good thing for bitcoin to go to high as it will entice more miners and governments to clamp down maybe ban it. Even if bitcoin stays in this range it will be great for arb and the share price will keep rising even if bitcoin doesn’t