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...
Tag: Argo Blockchain
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 tumbles 38% after bankruptcy gaffe
Bitcoin mining stocks tracked by The Block showed mixed results with about half a dozen trading up and the others down. Argo Blockchain’s shares plunged 38% in the UK and 37% in the U.S. i...
Argo Blockchain Warns Bankruptcy Still on the Table
The crypto mining sector is continuing to suffer from low crypto prices and rising energy costs. Argo Blockchain warned on Monday that it’s threatened by the risk of holding “insufficient cash” ...
The Block: Bitcoin mining stock report: Wednesday, November 30
Most bitcoin mining stocks tracked by The Block rose alongside Bitcoin, which returned to the $17,000 level by market close, roughly a 3.6% increase from yesterday, according to data from TradingView....
The Block: Bitcoin mining stock report: Friday, November 18
Bitcoin mining stocks tracked by The Block were mostly down on Friday, November 18. The price of Bitcoin was about $16,612 at the time of market close. (BTCUSD chart by TradingView) ...
The Block: Bitcoin mining stock report: Thursday, November 10
Most bitcoin mining stocks tracked by The Block traded up on Thursday. Bitcoin was trading at about $17,687 around market close, according to data from TradingView. BTCUSD chart by ...
Argo Blockchain shares crumble as it sets out plan to raise $34 million
Investor confidence in Argo Blockchain was rocked on Friday morning as it unveiled a plan to shore up its balance sheet amid declining bitcoin prices and rocketing energy costs. The company, which is ...
Bitcoin Price Could Fall to $13,000 as Crypto Miners Cut Costs
Text size Miners appear to be using less electricity to produce cryptocurrencies. Mark Felix/AFP via Getty Images Bitcoin miners have come under pressure from a one-two punch of rising energy costs an...