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Bitcoin miner Argo repays $35M Galaxy bailout loan
12.8.2024
The loan saved Argo from bankruptcy during the crypto winter of 2022
Bitcoin Miner Argo Blockchain Reports Steady Performance in July 2024
5.8.2024
Argo Blockchain PLC has today released its July 2024 operational update, reporting the mining of 48 BTC, maintaining an average of 1.5 BTC per day, consistent with June 2024. The company generated $3 million in mining revenue, with a mining margin in the mid-20% range, slightly lower than...
Bitcoin Miner Argo Blockchain Secures $8.3 Million From an Institutional Investor
31.7.2024
Bitcoin miner Argo Blockchain has announced a private placement of its ordinary shares and accompanying warrants to an institutional investor. The transaction is expected to generate gross proceeds of approximately £6.5 million ($8.3 million). Argo Blockchain Announces $8.3 Million Private...
Bitcoin Mining Profitability Rose in June as Market Adjusted for the Halving: Jefferies
8.7.2024
U.S.-listed mining companies produced a greater share of bitcoin in June than May as they brought on new capacity while the network hashrate dropped, the report said
Bitcoin Mining Was More Profitable in February Than January: Jefferies
27.3.2024
Publicly traded North American mining companies produced a smaller share of new bitcoin last month, slipping to 17.5% of the total network, the report said
Argo Blockchain Successfully Decreases 2022 Debt to $75 Million – Here's the Latest
29.8.2023
Digital asset mining firm Argo Blockchain has reported $18.8 million in losses in the first half of the year, reducing total losses to $75 million from last year.
The mining firm has struggled to navigate the tough path following wider market woes characterized by plunging prices of top crypto...
Argo Blockchain cuts 2022 debt by half, down to $75M
29.8.2023
Cryptocurrency mining firm Argo Blockchain has reduced its debts to $75 million through the first half of 2023
Today in Crypto: Ankr and Matter Labs Launch zkSync Era Nodes & Hyperchain on Microsoft Azure Marketplace, Societe Generale-FORGE Gets First French Crypto Licence, Bitdeer Sits in 2nd-Highest Place in VanEck Crypto & Blockchain ETF
19.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Ankr and Matter Labs Launch zkSync Era Nodes & Hyperchain on Microsoft Azure Marketplace, Societe...
Crypto Miner Argo Blockchain Raises $7.5M in Share Sale; Stock Slumps
19.7.2023
Proceeds from the private placing and public sale will be used to pay down debt
Marathon Digital attributes 21% decline in Bitcoin mined to adverse weather conditions
9.7.2023
Marathon Digital also noted that the decrease in transaction fees for June was not a cause for concern, highlighting that Bitcoin Ordinals had provided a boost in the previous month
Argo Blockchain Slumps to Full-Year Loss on Bitcoin Price Slide
28.4.2023
The crypto mining company is in a stronger position now, interim CEO El-Bakly said
Chip Giant Intel Abandons Bitcoin ASIC Production
19.4.2023
After announcing the production of bitcoin application-specific integrated circuits (ASICs), Intel, the world’s largest semiconductor chip manufacturer by revenue, appears to be abandoning its blockchain chip production. On Tuesday, a spokesperson for the chip manufacturer explained that...
Intel Discontinues Bitcoin Mining Chip Series
18.4.2023
The chip-making heavyweight's first customers for bitcoin mining ICs were Argo Blockchain, Hive Blockchain, Block and Griid Infrastructure
Argo increases Bitcoin production despite BTC difficulty growth
7.3.2023
Argo’s daily Bitcoin production rate in February surged 7% despite a 10% month-over-month increase in average network difficulty
Today in Crypto: PayPal Held $604M in Crypto on Dec. 31, Microsoft Fired its Metaverse Team, Binance Incorporated zk-SNARKs into its Proof-of-Reserves Verification
10.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: PayPal Held $604M in Crypto on Dec. 31, Microsoft Fired its Metaverse Team, Binance Incorporated zk-SNARKs...
Argo CEO follows resignation trend after company acquisition by Galaxy Digital
9.2.2023
The CEO of the cryptocurrency miner Argo Blockchain is the second executive to step down from the company after its acquisition by Galaxy Digital
CEO of Bitcoin Miner Argo Steps Down
9.2.2023
The troubled mining firm had to sell its biggest facility to stave off bankruptcy
Today in Crypto: Brave Reveals Solana Dapp Support, Revolut Announces Crypto Staking Support, Binance Full Audit is ‘Some Way Off’
8.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Brave Reveals Solana Dapp Support, Revolut Announces Crypto Staking Support, Binance Full Audit is ‘Some...
Today in Crypto: Top 10 Crypto Ransomware Attacks Took $69M in BTC Payments, Chainalysis Laid Off 5% of Workforce, TeraWulf Starts Public Offering of Common Stock
2.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Top 10 Crypto Ransomware Attacks Took $69M in BTC Payments, Chainalysis Laid Off 5% of Workforce, TeraWulf...
Bitcoin Miner Argo Blockchain's CFO Alex Appleton Quits
1.2.2023
Alex Appleton, who has served in this role since September 2020, is departing to "pursue other opportunities."