Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
yup, but its upto the seller when to declare their position even though they should be doing it straightaway as per AIM Rule
Seems to be moving freely now. Seller cleared?
so we've had 3 X 1M printed since last holding RNS. Must be close getting rid of Miton and Hadron.
Dont you all think its time Andrew tells us when company will relist?
I Agree, the data provided i took from the latest Results for each Company.
ARB
Mining: BTC
210 PH/S > 500 PH/S > 1.36 EH
15 MW > 64MW
Average Production Cost per bitcoin in USD ($2000)
Market Cap = £23m (294m shares in issue)
No Debt
Cash 0 as invested in new Machines
Currently Profitable > Next Results watch this space
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Hive
Mining BTC, ETH
300 PH/S
24 MW
Average Production Cost per bitcoin in USD (Unknown)
Market Cap: £42m (327.05m Shares in Issue)
Loans/Debt $2.7m
Cash $6.3m
$36m Loss
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Bitfarms
Mining: BTC, LTC
520 PH/S
41.4 MW
Average Production Cost per bitcoin in USD ($2259)
Market Cap: £42m
Debt facility $20m
Cash Unknown
$1.3m Loss
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Hut 8
Mining: BTC
963 PH/S
109 MW
Average Production Cost per bitcoin in USD ($2757)
Market Cap: £119m (193.27M Shares in Issue)
Debt $29m
Cash $6m
$28m Profit
They have Z11 and the rest S17's machines. So they are not Old at all.
S17e is out so the current machines S17 can be flashed the bios to get the same output ratio and efficiency Ratio as S17e
Piers = Hive and Hut 8 and Bitfarm
ARB = Market Cap = £23m (294m shares in issue)
Hive = Market Cap: £42,161,913 (327.05m Shares in Issue) Q3 Net Loss $36.4m - Cash $6.3m
Hut 8 = Market Cap: £118,869,513.30 (193.27M Shares in Issue) Q2 Profit $28m - Cash - $6m
Bitfarm = Market CAp: £42,278,332 Current Operation 41.4MW / 520 PH/s (4 cents) Q2 Net Loss $1.3m - Cash - Unknown
ARB saying
1. We have most efficent machines
2. Electricity (3-5 cents)
4. Optimization
5. Capital Structure and overhead costs Efficient
Upgrading all the time and want to be in position that if a better more efficent machine comes out we can secure those quickly.
S17 triple A Grade - Secured all available from Bitmain
T17 double A Grade - to complete the remainder of Order.
12000 Machines come in Q4
In the morning hopefully
The 5000 S17's machines ordered due to be delivered in November is the Antminer S17-53TH/s as for 5000 machines costing 13.09 million USD works out $2,618 per machine.
Antminer S17-53TH/s cost $2107 plus vat and duty $2688 ish
These are rough calculations (Revenue based) at $9700
6000 Machines
T17 (38TH/s) = $237.26 x 1000 = $237,260
S17 (53TH/s) = $330.91 x 4000 = $1,323,640
Z11 = $101.18 x 1000 = $101,180
Total = $1,662,080 Per Month
T17e (53TH/s) = $330.91 x 1000 = $330,910
S17 (53TH/s) = $330.91 x 4000 = $1,323,640
Z11 = $101.18 x 1000 = $101,180
Total = $1,755,730 Per Month
T17e (53TH/s) = $330.91 x 1000 = $330,910
S17e (64TH/s) = $399.59 x 4000 = $1,598,360
Z11 = $101.18 x 1000 = $101,180
Total = $2,030,450? Per Month
10000 Machines
T17 (38TH/s) = $237.26 x 5000 = $1,186,300
S17 (53TH/s) = $330.91 x 4000 = $1,323,640
Z11 = $101.18 x 1000 = $101,180
Total = $2,611,120 Per Month
T17e (53TH/s) = $330.91 x 5000 = $1,654,550
S17 (53TH/s) = $330.91 x 4000 = $1,323,640
Z11 = $101.18 x 1000 = $101,180
Total = $3,079,370 Per Month
T17e (53TH/s) = $330.91 x 5000 = $1,654,550
S17e (64TH/s) = $399.59 x 4000 = $1,598,360
Z11 = $101.18 x 1000 = $101,180
Total = $3,354,090 Per Month
Need them to get out before we can start to rise. Miton and Hadron are keeping this back.
yeah in Canadian dollars. When converted to Pounds its £50m
Hive Technologies market cap in £ is around £50m.
For Arb to get to £50m only need to be at 17p. (Excercise Option Price)
Please note this is an Interim Results ending 30th June 2019
Crypto assets held is at £3m (Interim)
July Period: £1.36m
August Period: Waiting but looking for similar or higher £1.36m
Assuming Cash in Bank is still £5.6m
Total = £11.32m
I guess there will be other mining companies like Hive sniffing around now. Wait till ARB has fully ramped up and make a premium offer?
You all make me laugh. The $7k, $8k days have gone. The Price has been ranging between $9k to $10k. It will continue for another month then slight dip to $9ish then to $11k or it could just go straight to $11k.
It seems pbb8 was very positive with ARB now gone negative when you read few of his last post. Question is he still invested here?
Post on ADVFN:
FYI - Now heard back from Argo - they cant confirm a definite date but are in advanced stages of prep and will be this month - so in the next 9 working days.