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CryptoCurrency
Argo Daily BTC Production Rises 7% in February despite Network Difficulty Jump
Bitcoin network difficulty rose by 10% in February 2023.
However, Argo was still able to increase its daily Bitcoin mining capacity.
Tuesday, 07/03/2023 | 08:45 GMT
by
Damian Chmiel
CryptoCurrency
Argo Blockchain Produces More BTC in January Due to Lighter Winter
Harsh winter conditions limited BTC production in December 2022.
In January 2023, the overall Bitcoin production was 14% higher.
Wednesday, 08/02/2023 | 10:21 GMT
by
Damian Chmiel
CryptoCurrency
Argo Blockchain Reports 35% Lower Bitcoin Production in December
Argo produces less BTC due to the harsh winter in the US.
The firm halted production at one of its mines to lower the strain on the electric grid.
Wednesday, 11/01/2023 | 09:39 GMT
by
Damian Chmiel
CryptoCurrency
Mike Novogratz's Galaxy Saves Bitcoin Miner Argo from Bankruptcy
Argo sells Helios mine and takes asset-backed loans from Galaxy.
The company wants to renew its focus on Canadian operations.
Wednesday, 28/12/2022 | 09:26 GMT
by
Damian Chmiel
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CryptoCurrency
Argo Blockchain Cancels £24 Million Funding, Shares Plunge 46%
The share price of the company dropped by 46 percent on Monday.
The company's focus is now on maximizing liquidity and preserving cash.
Monday, 31/10/2022 | 08:53 GMT
by
Arnab Shome
News
Bitcoin Price Decline Pushes Argo Blockchain’s H1 Revenue Down by 14%
The revenue of the company for the period came in at £26.7 million.
It ended the period with a pre-tax loss of £36.9 million.
Thursday, 25/08/2022 | 06:51 GMT
by
Arnab Shome
News
Argo Blockchain Sees 2,033% Jump in 2021 Net Income
The company benefited from the reduced hashrate last year.
It is expecting to kick off operations at Helios in May.
Thursday, 28/04/2022 | 06:53 GMT
by
Arnab Shome
News
Argo Blockchain’s BTC Mining Revenue Drops to £5.26M in January
It only mined 172 Bitcoin last month.
The difficulty of BTC mining increased significantly.
Monday, 07/02/2022 | 09:07 GMT
by
Arnab Shome
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News
Argo Blockchain Generates Record Revenue of $26 Million in Q3 2021
The company mined 597 Bitcoin and BTC equivalents in the third quarter.
Tuesday, 02/11/2021 | 09:47 GMT
by
Bilal Jafar
News
Argo Blockchain’s Revenues Increase by 180% in H1 2021
The company reported revenues of £31.1 million for the first half of 2021.
Monday, 09/08/2021 | 07:42 GMT
by
Bilal Jafar
News
Argo Blockchain Acquires 2 Data Centers in Canada
Together, these data centers can generate 20MW of power.
Thursday, 13/05/2021 | 10:14 GMT
by
Arnab Shome
News
Argo Blockchain CEO Starts Receiving Salary in Bitcoin
Fiat equivalent of his salary will be converted into Bitcoin at a daily market rate.
Wednesday, 03/03/2021 | 07:59 GMT
by
Arnab Shome
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News
Bitcoin to $50K & beyond: Argo’s Peter Wall on the Future of BTC
2021 has already been a momentous year for Bitcoin. Peter Wall speaks on the current moment and what is next.
Thursday, 18/02/2021 | 12:11 GMT
by
Rachel McIntosh
News
Argo Blockchain Announces Early Shipment of Crypto Mining Machines
A total of 1,058 cryptocurrency mining machines from the company’s order of 4,500 will be delivered ahead of schedule.
Monday, 11/01/2021 | 09:42 GMT
by
Bilal Jafar
News
Argo’s Bitcoin Mining Sees 1,000% Revenue Jump in 2019
The company mined around 1,330 Bitcoins throughout the year.
Thursday, 30/04/2020 | 10:10 GMT
by
Arnab Shome
News
Argo Reports Record Q1 Bitcoin Mining Figures
The company will install another 1,000 Antminer S17+ machines by the end of this month.
Monday, 06/04/2020 | 14:05 GMT
by
Arnab Shome
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News
Argo Blockchain Records 24 Percent Uptick in Mining Profits
The company’s share price is also skyrocketing, gaining 124 percent since early May.
Tuesday, 02/07/2019 | 11:32 GMT
by
Arnab Shome
News
Argo Blockchain Likely to Break Even in Second Quarter
The crypto firm said it could rake in $2.36 million in revenue by its purchase of 1,000 new mining units
Wednesday, 08/05/2019 | 16:04 GMT
by
David Kimberley
News
First Cryptocurrency IPO on London Stock Exchange Raises £25 million
Argo Blockchain aims to be the Amazon of cryptocurrency mining.
Sunday, 05/08/2018 | 14:29 GMT
by
Simon Golstein
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