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Intel Launches Crypto Mining Initiative; Argo, Block to Get First Chips This Year

The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies

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Crypto Miner Argo Diversifies Into Non-Mining Blockchain Business

Argo Labs will mainly focus on network participation and strategic diversification through the efficient deployment of the company’s crypto treasury assets. The network participation will consist of providing infrastructure support, running nodes and validators, and staking in innovative projects. Meanwhile, the other half of the business will include supporting early-stage

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Argo Blockchain Monthly Revenue Drops Even as It Mined More Bitcoins

Argo Blockchain, the sole crypto miner listed on the London Stock Exchange (LSE), said mining revenue fell 5.7% in December as a declining price for bitcoin more than offset an increase in production.The London-based company mined 214 bitcoins last month, taking the total for 2021 to 2,045, according to an

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Argo Blockchain among most traded stocks by Fidelity customers

Financial services company Fidelity Investments’ U.K. arm reported that over the last 12 months, customers were most interested in trading shares of crypto mining firm Argo Blockchain. In a Thursday report, Fidelity said Argo Blockchain ranked third among the top five stocks most actively traded by its customers in 2021 —

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Argo Blockchain’s Mining Revenue Increased 15% in November as It Added Capacity

Argo Blockchain’s bitcoin mining revenue increased about 15% to £8.29 million ($11 million) in November from October as it increased mining capacity.The London-based company mined 185 bitcoin “or bitcoin equivalent,” up from 167 in October.Its total production for 2021 is 1,831, the company announced Tuesday.Mining profit also rose about 15%,

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Argo Blockchain files for $57.5 million offering of secured notes to fund Texas mining facility

United Kingdom-based crypto mining company Argo Blockchain will be funding part of the building and equipment of its planned 800-megawatt data center in West Texas through an offering of senior notes.According to a Monday filing with the Securities and Exchange Commission (SEC), Argo plans to offer $57.5 million worth of

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