Argo Blockchain suffers losses of more than 90%. This accounts for Q1 of 2022 alone. BTC’s market crash accounts as a major reason. The recent market crash has completely devastated the crypto market....
Tag: Argo
Bitcoin Miner Argo Blockchain Emerged Unscathed From Its UST Stake
Argo was able to sell its UST positions at 93 cents per token before the price fully collapsed, according to Wall. Most recently, UST was still trading around 10 cents according to CoinDesk’s price in...
Argo Blockchain Q1 Net Income Plunges 90% to $2.1 Million
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Argo AI robotaxis ditch human safety drivers in Miami and Austin
Argo AI begins driverless operations in Miami and Austin. Courtesy: Argo AI Robotaxi start-up Argo AI said Tuesday it has begun operating its autonomous test vehicles without human safety drivers in t...
Argo Blockchain Promotes Justin Nolan to Chief Growth Officer
Nasdaq-listed crypto mining firm, Argo Blockchain recently confirmed that the company has promoted Justin Nolan to the position of Chief Growth Officer. In his new role, Nolan will facilitate the expa...
Argo Blockchain to Commence Bitcoin Mining Facility in Texas Next Week – crypto.news
Argo Blockchain’s efforts to establish a Bitcoin mining facility in West Texas appear to be nearing completion following an inauguration ceremony. By the end of 2022, the company aims to have a hash r...
Mining company Argo Blockchain to Launch Flagship Mining Facility in Texas
The London-listed Bitcoin mining company Argo Blockchain will officially launch its flagship mining facility Helios in Texas next week. According to the company’s filings with the London Stock E...
Argo Blockchain facility in West Texas expects to start mining Bitcoin in May
Crypto mining company Argo Blockchain’s plans to open a data center in West Texas are likely nearing completion following an inauguration ceremony. In a Thursday announcement on Twitter, Argo said it ...
Argo Blockchain borrows $70M from NYDIG subsidiary
Argo Blockchain, one of the global leaders in the Bitcoin mining sector, has announced taking a loan from a New York Digital Investment Group subsidiary. The $70.6M loan will buy equipment for the Arg...
Argo Blockchain to Open Flagship Texas Mining Facility Next Week; Shares Rise
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Bitcoin Miner Argo Blockchain Borrows $70M to Buy Equipment for Texas Site
Popular Bitcoin miner Argo Blockchain has announced taking on additional debt under Argo’s equipment financing agreement from a subsidiary of New York Digital Investment Group (NYDIG). The move will h...
Argo Blockchain Borrows $70M From NYDIG to Buy Mining Rigs
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Bitcoin Miner Argo Blockchain Takes $70 Mln Loan For Texas Site
Bitcoin miner Argo Blockchain on Wednesday said it will take on additional debt to buy equipment for its flagship Texas facility. The miner entered a series of loan agreements with crypto-focussed len...
Argo A Bitcoin Miner Had Increased Its Hashrate Estimate As A Result Of Intel Mining Chips
As indicated by FactSet insights, Argo additionally kept deals of $100.1 million of every 2021, beating the typical examiner assumption for $98.3 million. Its net income for 2021 was $41.5 million, le...
How bitcoin miner Argo has seen a growth in revenue of about 291% in 2021?
For the previous year, revenue, profit and holdings of bitcoin miner Argo has raised significantly London based bitcoin miner Argo has said to have record growth for the year 2021. The bitcoin mining ...
Argo Blockchain Shares Jump After Updated Hashrate Guidance
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Bitcoin Miner Argo Raises Hashrate Guidance Thanks to Intel Mining Chips
“With our mining operations at Helios [the company’s flagship mining facility located in Dickens County, Texas] expected to commence in May, along with the development of custom mining machines ...
Argo Blockchain Sees 2,033% Jump in 2021 Net Income
Argo Blockchain (LON: ARB) has released its annual financials for 2021, reporting a 291 percent increase in revenue to £74.2 million ($100.1 million). It was driven by both the company’s operational i...
Argo Blockchain Inks Bitcoin Mining Machine Swap Agreement with Core Scientific
The London-listed Bitcoin mining company Argo Blockchain has inked a partnership with Core Scientific that will see both companies swap their BTC mining machines over the next few months. According t...
Argo Blockchain and Core Scientific swap bitcoin mining fleets
advertisement Argo Blockchain and Core Scientific have agreed to swap thousands of bitcoin miners as part of Argo’s pivot to operating its own crypto mining farms. The fleet swap agreement published o...
BLOCK, Argo Blockchain, and GRIID
Intel ’s play to get into the bitcoin mining market might end up being the story of the year. In a post titled “Blockchain and the New Custom Compute Group,” Raja Koduri reveals a little of the compan...
Block, Argo and Griid Among First Buyers of Intel’s New Blockchain Accelerators
Intel is planning to release blockchain accelerators later this year and has lined up some big-name buyers, according to a blog post on Friday by Raja M. Koduri, a senior vice president. Among its fir...
Block, Argo among customers for Intel’s Bitcoin mining ‘accelerators’
advertisement Intel announced on Friday that it would ship its blockchain accelerator later this year, with a roster of high-profile clients already on its books. In a post on its website, the US mul...
Argo Blockchain’s BTC Mining Revenue Drops to £5.26M in January
Argo Blockchain (LSE: ARB; NASDAQ: ARBK), a cryptocurrency mining company listed in London and New York, released an operational update on Monday, revealing that it has mined 172 Bitcoin or ‘Bitcoin E...
Crypto Miner Argo Diversifies Into Non-Mining Blockchain Business
Argo Labs will mainly focus on network participation and strategic diversification through the efficient deployment of the company’s crypto treasury assets. The network participation will consist of p...