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Argo Blockchain PLC Ord 0.1P (ARB)

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09-May-2022 11:58 AM

IN BRIEF: Argo Blockchain bitcoin mining revenue rises in April

Argo Blockchain PLC - London-based cryptocurrency miner - In April, mines 166 bitcoin, a slightly higher figure than 163 BTC mined in March. This allows mining revenue to grow 5.8% to £5.5 million from £5.2 million the month before. A
10-Mar-2022 08:42 PM

IN BRIEF: Argo Blockchain unit signs financing agreement with NYDIG

Argo Blockchain PLC - London-based cryptocurrency miner - Says its Argo Helios subsidiary has entered into an equipment financing agreement with NYDIG ABL LL, owned by New York Digital Investment Group LLC. As part of the agreement, NYDIG has loaned Ar
07-Apr-2021 09:57 AM

Argo Blockchain reports record quarterly revenue in Q1 on strong March performance

Argo Blockchain reported an uptick in monthly mining output in March that helped cryptocurrency mining company to generate record revenue in the first quarter. During the month of March, Argo mined 165 Bitcoin, compared with 129 BTC in February, taking t
09-Sep-2020 09:18 AM

Argo Blockchain profit slumps as bitcoin halving, weaker crypto prices bite

Cryptominer Argo Blockchain reported that profit slumped in the first half of the year as sharp falls in crypto prices, and the bitcoin halving event hurt results. For the six months to 30 June 2020, pre-tax profit fell to £0.52m from £0.95m
20-Jan-2020 01:58 PM

Argo Blockchain revenue down in fourth quarter on lower cryptocurrency prices

Cryptomining company Argo Blockchain said its revenue fell in the fourth quarter amid a slump in cryptocurrency prices. Revenue for the year through December 2019 -- the company's maiden year of full operations -- was seen at £8.5m, up from &p
08-Oct-2019 09:41 AM

Argo shrugs off fall in bitcoin price as revenue jumps 75% in Q3

Cryptocurrency miner Argo said revenue had increased 75% in the third quarter of the year even as the price of bitcoin softened. The company generated revenue of £3.63m from its cryptocurrency mining operations in the third quarter, a 75% increas
19-Sep-2019 07:20 AM

Argo Blockchain announces new mining hardware installed and operational

Argo Blockchain, a UK-based provider of enterprise scale cryptocurrency mining services, is pleased to announce that following the installation of 1,000 new Antminer T17 Bitmain mining machines, the total number of machines in production has increased fro
02-Jul-2019 10:01 AM

Argo Blockchain hails improved mining activity amid surge in bitcoin price

Argo Blockchain, a UK-based provider of enterprise-scale crypto mining services, said mining activities in June beat its expectations amid a surge in the price of bitcoin. As of 30 June 2019, and based on prevailing cryptoasset prices at $10,817.16, the
07-Sep-2018 09:00 AM

Argo Blockchain touts promise of cryptos despite falling prices

Argo Blockchain, a cryptocurrency mining services provider, reported Friday a loss for the first-half of the year driven by initial start-up costs and investment in computer hardware and other corporate infrastructure. For the period from 5 December 2017

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