0086-21-58386256
Bitcoin mining company Argo Blockchain is on a new adventure as it sets up shop in West Texas, a growing North American mecca for the industry. "We are really excited about this site," Argo CEO Peter Wall recently told Bitcoin Magazine. "We purchased a 320-acre plot which has access to 800 megawatts of electrical power.
At current prices, Argo's Bitcoin haul would be worth roughly $36.5 million. As of Sept. 30, the firm had amassed holdings of 1,836 BTC (roughly $113 million at current prices). Argo also reported a gross margin of 120% and a mining net margin of 85%, estimating it cost the firm just $6,293 to mine each Bitcoin on average.
Argo Blockchain, the only U.K.-listed cryptocurrency miner, said it raised $112.5 million in a U.S. share sale. The London-based company is selling 7.5 million American depositary shares, each ...
Cryptocurrency mining firm Argo Blockchain has just released its Q3 financial report detailing record setting revenues for the period. The London headquartered company reported that it had mined 597 BTC and "BTC equivalents" during the third quarter of 2021. At current prices, Argo's Bitcoin haul would be worth roughly $36.5 million. As of Sept. 30, […]
Argo Blockchain's Texas Mining Facility Will Propel Shares Higher, Analysts Say A slew of investment firms kicked off coverage, hitting the London-based cryptocurrency mining …
Because of the historic significance and impact that the Argo Mill and Tunnel played in local and state mining history, it was placed on the National Historic Register by the Department of the Interior in 1978. We look forward to accommodating your group – call for discount rates and other information. CALL FOR A GROUP TOUR
During the third quarter, Argo mined 597 Bitcoin and Bitcoin Equivalent (together, BTC), bringing Argo's BTC holding to 1,836 as of September 30, 2021. Argo has been able to achieve these results while maintaining a gross margin of 120% and an industry-leading mining margin of 85% with an average direct cost per BTC mined of $6,293 (£4,673).
Jun.24 -- Argo Blockchain CEO Peter Wall discusses the future of cryptocurrency mining with Bloomberg's Amanda Lang and Matt Miller on "Bloomberg Markets."
Argo has been able to achieve these results while maintaining a gross margin of 120% and an industry-leading mining margin of 85% with an average direct cost per BTC mined of $6,293 (£4,673). On September 30, 2021, Argo executed a purchase agreement for 20,000 Bitmain Antminer S19J Pro machines for the mining facility it is building in Texas.
On September 10, Argo Blockchain PLC (LSE: ARB), announced that it had entered into a £18.05 million (US $25 million) loan agreement with a maturity date of 29 October 2021 with Galaxy Digital LP, using a portion of the Company's Bitcoin holding as collateral. Finally, the report noted that this strategy is "similar to what Chinese bitcoin miners had been doing since early 2019, betting ...
7 Bitcoin Mining During the third quarter, Argo mined 597 Bitcoin and Bitcoin Equivalent (together, BTC), bringing Argo's BTC holding to 1,836 as of September 30, 2021. Argo …
Crypto mining firm Argo Blockchain will join the trend of raising money from the public via the US IPO. It is listed in LSE since 2018 and as of late received $20 million credit from Galaxy Digital. Texas is one of the key areas that the firm plans to come up with the crypto mining unit. Shares in London-recorded bitcoin excavator Argo ...
Blockchain technology is poised to revolutionise the future of our world and we are committed to sustainably propelling it forward. Headquartered in London, England, we are the only cryptocurrency mining company listed on the London Stock Exchange. Our energy-efficient, powerful mining operations are strategically located throughout North America.
Last week, Argo Blockchain published its new developments: the launch of its new IPO and the start of work on the construction of a new mining site powered by renewable energy. In the first tweet, Argo Blockchain describes the status of the new IPO of American Depositary Shares (ADS), its common stock in the US.Here it is in detail: "Argo announces it has previously confidentially submitted ...
A cryptocurrency mining unit. Photo: Peter Dazeley/Getty Images. Shares in London-listed bitcoin miner Argo Blockchain ( ARB.L) surged higher on Wednesday as the company announced plans to seek a dual listing in the US. Argo said it had filed …
8 LONDON, UK / ACCESSWIRE / November 1, 2021 / Argo Blockchain plc (LSE:ARB)(NASDAQ:ARBK), ('Argo' or the 'Company'), a global leader in sustainable cryptocurrency mining and blockchain, today announced its financial results for the quarter ended September 30, 2021.All $ amounts are in United States Dollars ('USD') and all £ amounts are in British Pounds …
— Argo (@ArgoBlockchain) September 14, 2021. The crypto mining firm, which is also listed on the London Stock Exchange, is offering 7.5 million American Depositary Shares on the Nasdaq Global Market under the symbol ARBK. American Depositary Shares are a type of equity share for a company based overseas that lists on an American stock exchange.
Argo has been able to achieve these results while maintaining a gross margin of 120% and an industry-leading mining margin of 85% with an average direct cost per BTC mined of $6,293 (£4,673). On September 30, 2021, Argo executed a purchase agreement for 20,000 Bitmain Antminer S19J Pro machines for the mining facility it is building in Texas.
7 Argo has been able to achieve these results while maintaining a gross margin of 120% and an industry-leading mining margin of 85% with an average direct cost per BTC mined of $6,293 (£4,673).
Argo has a fleet of over 21,000 machines that operate throughout North America. The mining strategy of Argo is to buy mining machines and set them up in facilities in North America that use mostly renewable energy. The Cryptocurrency Market. …
The land has access to up to 800-megawatts of electrical power. Argo aims to build a new 200MW digital currency mining facility in the next 12 months. Argo also said it plans to take a $100 million "pre-negotiated" loan to build out the Texas facility and expand its mining fleet. The deal is still subject to a shareholder vote.
Argo Blockchain is a world-leading cryptocurrency miner, championing the use of renewable sources of power to support the growth and development of blockchain technologies. Argo is a publicly traded company on the NASDAQ.
7 Bitcoin Mining. During the third quarter, Argo mined 597 Bitcoin and Bitcoin Equivalent (together, BTC), bringing Argo's BTC holding to 1,836 as of September 30, 2021. Argo …
TV Shows. June 24th, 2021, 11:21 AM PDT. Argo Blockchain CEO Peter Wall discusses the future of cryptocurrency mining with Bloomberg's Amanda Lang and Matt Miller on "Bloomberg Markets." (Source ...
Argo Blockchain has filed proposed terms for a $138 million U.S. IPO. The firm operates cryptocurrency mining facilities in North America. Read more here.
Cryptocurrency mining firm Argo Blockchain has just released its Q3 financial report detailing record setting revenues for the period. The London headquartered company reported that it had mined 597 BTC and "BTC equivalents" during the third quarter of 2021. At current prices, Argo's Bitcoin haul would be worth roughly $36.5 million. As of Sept. 30, […]
6 Argo Blockchain's Q3 revenue and earnings hit record levels as it mined 597 bitcoin in the quarter. ... the miner said it had a gross margin of 145% and mining margin of 86% ... and its American ...
1 The company has been publicly traded on the London Stock Exchange since 2018. 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 ...