1/ Excellent #Bitcoin Mining Production Highlights for @DigihostTech for Jan 22.

$DGHI mined 62.58 #BTC in the month, with 415 PH, and has a total Hodl of 698.64 #BTC, valued at close to $26.9 million as of Jan 31, 22, based on a month end #BTC price of $38,500.

See thread 👇
2/ $DGHI also have ##ETH holdings of 1,000.89 #ETH valued at approximately $2.7m as of Jan 31, 22 based on a month end ETH price of $2,650.

This provides a total inventory value consisting of #BTC and #ETH of approximately $29.6m as of Jan 31, 22.
3/ The Company is expected to increase its hash rate from 415PH to approximately 1.2EH by the end of Q1 2022.

As of Jan 31, 22, @DigihostTech received approximately 9k technologically advanced, M30 Bitcoin Miners, from its purchase order of 9,900 Miners from Northern Data AG.
The remaining Miners are expected to arrive at Digihost’s data center by the end of Feb 22.

@DigihostTech began initial deployment of Miners received in Q4 2021 and expects to have them fully operational by the end of Q2 2022.
5/ A portion of these Miners were related to the Miner lease agreement with Northern Data, which the parties have agreed to split a portion of the mining rewards received and energy costs incurred for the Miners put in service through the lease agreement.

SP up 18% today 🚀

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More from @cazenove_uk

Jan 31
1/10. I thought it would be a good opportunity to review the financial and operational performance of #Bitcoin miner @ArgoBlockchain during 2021. Listed on the LSE #ARB and NASDAQ $ARBK they currently have #Bitcoin mining operations in N America.

See thread below 👇
2/ From the financials, 2021 was a great year. Revenues up 388% and Net Profit currently estimated to be over 2000%, YOY, based on #Bitcoin price of $46.3k as at the 31 Dec 2021. I’ve also provided 2022(E), based on Texas, #Bitcoin price of $50k and including mining difficulty.
3/ The LSE SP for @ArgoBlockchain closed at 33p on 31 Dec 20 and closed at 97.8p on 31 Dec 2021, YOY increase of 296%. It reached an intra-day ATH of £3.60 in February, but has since declined to a current price of 70p. #Bitcoin reached ATH of $69k but is currently at $37.5k.
Read 10 tweets
Jan 17
1/ I have now updated my #Bitcoin Miner ranking table (🤩) for $ARBK $BITF $CLSK $DGHI $HIVE $HUT $MARA and $RIOT
I’ve also introduced a Risk Factor weighting, based on ability to achieve their future forecast hash rate growth in 2022.

More tables 👇
2/ $HIVE blockchain completed an impressive 2021 with most #Bitcoin and equivalents mined and most revenues earned. Along with $BITF, they had the best production of #Bitcoin per PH, regularly throughout the year too.
3/ Although $MARA performed throughout 2021 below par in comparison, to peers, and were unable to meet their ambitious hash rate target for 2021, they did buy large miner purchases to get to an impressive future 23.3 EH. This puts them in the super league with Core Scientific.
Read 8 tweets
Jan 9
1/ Had a great catch up with @bigsuey and @shanedowney8 at @Hut8Mining this week. Check out some of the key points discussed during the call, in the thread below:
2/ On the topic of performance over the last 12 months, $HUT has had an extraordinary year led by CEO, @JaimeLeverton. Although they were unable to gain the early advantage achieved by $RIOT and $MARA’s, they were approved, in June, to list on the NASDAQ Global Select Market.
3/ This top tier of the NASDAQ, has now enabled $HUT to gain attention and attract investment from many of the N American Fund Managers, ensuring that the stock is one of the most daily traded mining stocks.
Read 19 tweets
Oct 30, 2021
1/5 We should expect to see good Q3 results from @ArgoBlockchain on Monday, after market close!

The opening #Bitcoin price on the 1 July was $35043 (this value would also have been used to value the #Bitcoin held on the account in the H2 update, in accordance with IFRS).
2/5 The closing #Bitcoin price at the end of Q3 was $43880 and therefore the 595 coins mined in the Qtr should provide revenue, in the region of $26m (£19m). Gross Margin should be close to 84%, equating to $22m (£16m).
3/5 The total hodl of 1836 less Q3 mining, equates to 1241 #Bitcoin, which will be revalued up from previous Qtr price of $35043 to the closing price on the 30 Sept of $43880, providing a revaluation in the fair value movement of crypto assets of $11m (£8m).
Read 5 tweets

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