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Bitcoin Miner Argo Takes Out $70 Million Loan For Texas Mining Operation

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Argo Blockchain has received more than $70 million in loans to expand its Bitcoin mining business in Dickens County, Texas.

Helios, the company's flagship crypto mining operation in Texas, is borrowing an aggregate principal amount of $70.6 million from New York Digital Investment Group (NYDIG). This is the second 8-figure loan that Argo has taken out from NYDIG in the last month. The funds from the loan are expected to be utilised in “fitting out Phase 1 of the Helios site”.

CEO Peter Wall stated,

“With our mining operations at Helios expected to commence in May, along with the development of custom mining machines using Intel’s next-generation Blockscale ASIC chips, Argo is well-positioned to continue its growth with a focus on delivering for our shareholders,”

https://www.coinbureau.com/news/bitcoin-miner-argo-takes-out-70-million-loan-for-texas-mining-operation/

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    • AudreyAnnaNana

      AudreyAnnaNana

      Status Update, just for fun...if anyone is bored and wants something to read, here are some communications that show one example of how a disfellowshipping works. The emails are not posted in order, you have to look at the dates to figure out the order it happened in.😊

       














       





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    • AudreyAnnaNana

      AudreyAnnaNana

      What an exciting evening! (Sorry if it rambles...)
       
      I was scared because I had to go into the "shark tank." Jehovah and Jesus went with me, and they totally rocked it!😆
       
      The COBE elder that kicked me out of the assembly a couple of weeks ago was so angry tonight! (He's kinda like Haman.)
       
      My husband is PIMI but he only attends about half the meetings. He calls me an apostate and gets mad if I say anything that isn't what the GB says. He didn't go to meeting tonight. I don't let my kids go to the KH unless I go, so the kids and I usually watch the meetings online. I didn't know if they would let me and the kids into the KH. (Since they just evicted us from the assembly a couple weeks ago at lunch because I talked to people and looked like I was happy and joyful.) As we were approaching the door of the KH tonight, the doorman saw me and let it slam shut and through the window I could see him, possibly looking for permission from an elder to see if I was "banned" or not. I knocked, and the visiting CO#2 cut in front of the doorman, opened up to let me in, escorting me right past the doorman! ("Jehovah Factor"😄)
       
      (There were two COs because I guess one was getting a "shepherding visit week" from the other one...)
       
      The CO#2 was awesome, a really kind gentleman who acted like a shepherd. CO#1 didn't recognize me at first because during his last visit I didn't attend because I thought the trespassing ban was still in place (although it had been removed but the COBE conveniently forgot to tell me. I found out when I went to his house just before the Memorial to ask, since they never respond to any messages I send either by email or letter.)
       
      (Incidentally, I wrote in an earlier Status Update about my experiences running into the CO#1 at the assembly a couple of weeks ago...)
       
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      The meeting started shortly after. The kids and I sang heartily so everyone could hear our joy and affection for Jehovah. The hypocritical COBE was called up to pray. I did not bow my head. I kept my eyes open. That man is a snake. I refuse to say "Amen" to anything he has to say.
       
      During the Bible gems my kids got to comment. I put my hand up several times too, and everybody nearly had a heart attack. (Is there a rule that says a "disfellowshipped" person can't raise their hand?) Of course, they didn't call on me.
       
      The second song was a nice loud march. We've always been told to sing loud. I am obedient to that good counsel.
       
      The CO#1s talk started off pleasant enough. Until he mentioned the "recent apostasy and divisions" the congregation has had to deal with (he means me, since I sent emails to the "friends" to tell them the sketchy things the elders were doing.) Wasn't that nice of him to mention me in the talk! My kids got irritated with his smack talk, but Jehovah got us through it. I think he used maybe three or four scriptures, two of them misapplied. Most of the talk was about worshipping the "Faithful and Discreet Slave" and how much they "have done for us".🤪
       
      I went because I love Jehovah and I knew He wanted me to go to at least one of the CO visit days, to show my support to the "friends" that I know this is the organization Jehovah is going to clean and that I haven't left of my own accord. (They know about all the details of the sketchy stuff the fake elders did because I informed them of every sketchy thing the elders did to my kids and me.) Part of why I went was to show love for the congregation. Very soon they are going to be in complete shock. I love those people, even though they are all mostly brainwashed at present. They will have a rude awakening soon enough because the GB and the Bethels will be gone when the UN attacks and the congregations are going to need to be comforted. 
       
      A nice brother said the closing prayers, so I said "Amen" to that one nice and clear. (The poor brothers on the platform were right in front me, there was no one sitting in the row in front of us.) After the meeting, my kids chatted for a little bit with friends and then we were going to leave. I said "hi" to a few people (that really irritates the COBE, that's not why I do it, I do it because Jehovah said to encourage the brothers and we can't if we don't talk to them...) 
       
      When we were leaving, CO#1 pulled my son aside to talk to him for a minute. The CO wanted me to go away, but I stayed right there, because I think it's rude to cause divisions in a family like what he was doing. The CO attempted to talk to my son about homeschooling right in front of me as if I didn't exist. I wasn't having any of it. I let him do his thing for a minute, and then I told him he was causing divisions, and if he didn't respect Jehovah's arrangement for family (like not talking to the mom who is part of the family) that he wasn't welcome to talk to my son. The COs not good association. Then we walked away.
       
      My daughter was in the library with her friend and her friends parents and two aunts (one is the wife of an elder.) As soon as I walked in - hush! Everybody stopped talking. I walked by them and told my daughter's friend I loved her and gave her a hug (I used to take her out in service together with my kids). I looked at the people in the room and said "I love you, even though I know you hate me, except for you...I know you love me" to one sister who I know is kind and real. Then we left and on the way out gave the other doorman who is like a grandfather a big hug and he said goodbye and kept waving as we drove off.
       
      What an evening! (Thank you for any positive thoughts directed my way! Jehovah is the Hearer of Prayer, and He does things with style!)
       
      "You well know that Jehovah your God is the true God, the faithful God, keeping his covenant and loyal love to a thousand generations of those who love him and keep his commandments.  But those who hate him he will repay to their face with destruction. He will not be slow to deal with those who hate him; he will repay them to their face." (Deuteronomy 7:9,10)

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