In a recent tweet, Argo Blockchain PLC revealed that it has no exposure to the shuttered SVB and Silvergate banks. It also shared a post responding to the bank issues, declaring that neither the Argo ...
Tag: Argo
Argo Blockchain Records High Bitcoin Production and Revenue in February 2023
World-leading cryptocurrency miner Argo Blockchain recorded increased Bitcoin production despite the rise in network difficulty. On March 7, the company released its operations update for February 202...
Argo Blockchain Continues To Increase Bitcoin Mining, Outpacing Difficulty Growth
The crypto market remains in the bear zone, even after several months. In the last week, major coins, such as Bitcoin and Ethereum have seen a decline; for now, it’s impossible to determine the outcom...
Argo Blockchain Increases Daily Bitcoin Production Despite Network Difficulty Spike
Publicly-listed Bitcoin (BTC) mining firm Argo Blockchain has reported an increase in its daily Bitcoin production for the month of February, despite a significant spike in network difficulty. Accordi...
Argo daily Bitcoin production rose 7% in Feb despite increased network difficulty
Ad Bitcoin (BTC) miner Argo said it mined 162 BTC or its equivalents in February, equating to 5.7 BTC per day, according to a March 7 operational update. The firm stated that its daily BTC production ...
Argo mined more bitcoins, increased revenue — despite network difficulty
The amount of bitcoin mined daily by Argo Blockchain and the mining company’s revenue increased in February. Last month, the dual-listed blockchain technology company mined 162 bitcoins or...
Argo increases Bitcoin production despite BTC difficulty growth
Publicly-listed Bitcoin (BTC) mining firm Argo Blockchain has increased its daily BTC production despite a significant spike in network difficulty. During the month of February, Argo mined a total of ...
Argo Blockchain CEO Quits – InsideBitcoins.com
Join Our Telegram channel to stay up to date on breaking news coverage What– Argo blockchain Chief Executive Officer and Interim Chairman Peter Wall steps down from his role in the company’s office Wh...
CEO of Prominent Crypto Mining Firm Argo Blockchain Resigns
4 hours ago | 2 mins read Bitcoin News Seif El-Bakly has been named the company’s interim CEO. In December, the company mined a paltry 147 BTC, a decrease of 25% from last month. Peter Wall, CEO of Ar...
Argo Blockchain CEO Steps Down Days After CFO’s Resignation
Many mining firms, such as Argo Blockchain, have felt the impact of the decline in bitcoin prices. For some firms, their rigs could not cover their loan collaterals. So it’s not surprising that mining...
Argo Blockchain Loses Its CEO And Interim Chair Peter Wall Shortly After CFO
Argo Blockchain Plc’s (NASDAQ: ARBK) Peter Wall stepped down as CEO and Interim Chair to pursue other opportunities. Argo prepared to engage an executive search firm to hire the CEO’s succ...
Argo Blockchain PLC loses CEO after January report
Earlier today, Argo Blockchain PLC announced that Peter Wall, the company’s chief executive officer, and interim chairman would resign after three years of service to the organization in search of bet...
Argo Blockchain CEO Follows CFO in Stepping Down
The leading cryptocurrency miner – Argo Blockchain – announced that its CEO Peter Wall will step down from his post. The company lost its CFO – Alex Appleton – less than a week ago. Another Argo Exec...
Argo Blockchain CEO, Interim Chairman Peter Wall steps down
Argo Blockchain CEO and Interim Chairman Peter Wall has stepped down from his role at the mining firm to pursue other opportunities. The Bitcoin (BTC) mining firm announced on Feb. 9 that it will star...
Argo Blockchain mined 14% more bitcoin in January
Crypto mining company Argo Blockchain increased the number of mined bitcoin from 147 BTC in December 2022 to 168 BTC in January 2023, representing a 14% increase. Argo mines more bitcoin in January I...
Bitcoin miner Argo Blockchain’s CEO Peter Wall steps down
Peter Wall is stepping down as CEO and interim chairman of Argo Blockchain to “pursue other opportunities.” He will hand over the reins to COO Seif El-Bakly in the interim, accordi...
Argo Blockchain mined 14% more bitcoin in January than December
Argo Blockchain’s bitcoin mining production increased 14% in January, producing 168 BTC, compared to 147 BTC in December 2022. “The increase in BTC mined was primarily due to fewer c...
Argo Blockchain Faces Class-Action Lawsuit for Misleading Investors
A lawsuit was filed against Argo Blockchain, accusing it of making false statements. Argo Blockchain’s Chief Financial Officer stepped down from his position. It is the law firm Rosen that announced t...
Another Crypto Exec Leaves: Argo Blockchain’s CFO Resigns
One of the leading bitcoin miners – Argo Blockchain – announced that its CFO and Executive Director Alex Appleton resigned from his position. Several other crypto (or related) executives have abandone...
Argo Blockchain Slapped With Lawsuit Over Misleading Statements
Argo Blockchain has been accused of federal securities law violation during the initial public offering (IPO) of its American depositary shares (ADS) in 2021, according to a filing in the United State...
Argo Blockchain Lawsuit Alleges Bitcoin Miner ‘Misrepresented’ Pre-IPO Finances
Investors in Bitcoin mining firm Argo Blockchain have slapped the firm with a class-action lawsuit, accusing it of making false claims pre-IPO. The London-based firm raised $112.5 million in a Septem...
Argo Blockchain Faces Class Action Lawsuit, Shares Down 7.5%
Investors recently filed a class-action lawsuit against Argo Blockchain. The lawsuit alleges that the Bitcoin miner misled investors during its IPO in 2021. The company’s share price fell more than 7%...
Argo Blockchain accused of misleading investors in class-action lawsuit
Investors of crypto mining firm Argo Blockchain have filed a class-action lawsuit accusing the miner of making untrue statements and omitting key information during its initial public offering (IPO) i...
Argo Blockchain IPO: Lawsuit Claims Miner Made Untrue Statements
During the selling phase of the initial public offering (IPO), which took place in 2021, investors in the cryptocurrency mining firm Argo Blockchain have launched a class-action complaint against the ...
Lawsuit Filed Against Argo Blockchain Over Misleading Investors
8 hours ago | 2 mins read Editors News Lawsuit was launched against Argo and many of its top executives and board members. The investors contend that the miner’s financial prospects were exaggerated. ...
Argo Blockchain hit with class action lawsuit over IPO misinformation
Argo Blockchain investors have filed a lawsuit alleging that the crypto miner made misleading statements and concealed important information during its initial public offering (IPO) filing. The Texas-...
Mining Firm Argo Blockchain Resumes Trading on Nasdaq Stock Exchange
13 hours ago | 2 mins read Bitcoin News Nasdaq originally informed Argo that trading would be suspended on December 16. After seeing a 40% drop in share price, the company scrapped plans to raise $27M...
BTC Miner Argo Blockchain (ARBK) Back on Nasdaq: Shares Climb 14%
Argo was on the verge of filing bankruptcy, but a deal with Galaxy digital saved them. ARBK was delisted from Nasdaq due to consecutive poor performance. The surge in BTC caused their bid price to b...
Bitcoin Miner Argo Blockchain Resumes Trading on NASDAQ
Argo Blockchain’s stock, ARBK, has resumed trading on Nasdaq, the company announced in a Securities and Exchange Commission filing Monday morning. On December 16, Nasdaq first warned Argo it would hav...