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Argo Blockchain PLC (ARB)

London
Currency in GBP
Disclaimer
10.72
-0.03(-0.28%)
Real-time Data

ARB Price Commentary

There will be always a fluctuation. Don't forget we were around 1.25 two weeks ago. It was a quick rise and after various highs, we are now around 220 getting ready for the next run. Monthly update due next week and we are wait news about Nasdaq listing. If you hold now, the new baseline could be 3.5 with highs +4. Patience is the key. Good luck
exactly mate, the lower the BTC price its actually better for ARB, we are extremely profitable down to $20k BTC price, that can't be said for our competitors such as MARA, RIOT,BITF,HUT8 as they all have debt on their balance sheet... we're around 60% margin as net profit at $20k. lower BTC smaller firms that have only just started won't be completing blocks due to the cost involved against their profits, so smaller companies just shut down their systems which reduces hash rate and in turn decreases the difficulty in mining... ARB mines more and hodles until BTC increases back up in value. Not a worry in the world here just a shame I topped up at 250 yesterday instead of buying at 205 today haha. All good, give it a few weeks and we'll be ready for the next leg up.
I am 100% with you on this.
 BTC has seen many bumps over recent years, but trend has generally been upward. So far ARB has kept above 200
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