Cryptocurrency Analysis and News Portal
Argo Blockchain, a U.K. publicly traded company focused on crypto mining, has begun the process of applying for an initial public offering in the United States.According to a confidential draft registration statement filed Tuesday with the U.S. Securities and Exchange Commission, or SEC, Argo has proposed a dual-listing and initial
Read More
On Wednesday, British cryptocurrency mining company Argo Blockchain revealed that Argo CEO Peter Wall is now the first executive of a publicly-traded company to take their entire salary in Bitcoin.In a February operational update, the company — which trades on the London Stock Exchange under the ticker ARB — said
Read More
Argo said the new Texas facility will have access to up to 800 megawatts of cheap, renewable energy. Source
Read More
With bitcoin trading near $36,500, the new holdings have a current value of over $6 million. Source
Read More
Argo has nearly doubled its mining capacity for zcash, possibly as it looks to diversify from bitcoin. The publicly listed mining firm has bought 750 Antminer Z11s, that specialize in the Equihash algorithm, for a total of $474,000. The rigs are now already in operation and were working at full
Read More
Argo Blockchain, a bitcoin mining firm listed on the London Stock Exchange, reported stellar 2019 earnings Wednesday. The company attributed its success to cutting off its consumer-facing arm and focusing on mining some 1,330 bitcoin (BTC) on the year.In its full-year results, Argo said 2019 revenue was up 11-fold from
Read More
London Stock Exchange-listed bitcoin miner Argo Blockchain Plc said on Wednesday full-year 2019 revenue rocketed 1,000% to £8.62 million ($10.78 million) from £760,000 a year earlier. The company stated that the increase was due to a realignment of operations, from consumer-oriented mining as a service (MaaS) business to a
Read More
Cryptocurrency mining firm Argo Blockchain is reportedly increasing its hashrate as the company’s stock price soars.An aggressively expanding mining firmUnited Kingdom-based business news outlet ProactiveInvestors reported on Aug. 27 that crypto mining company Argo Blockchain is expanding its mining capabilities after its stock price registered a sharp increase in
Read More