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Nalezeno "Argo Blockchain": 92

Crypto Miner Argo Blockchain Faced Equipment Challenges, Higher Costs in July

5.8.2022
Argo Blockchain (ARB) mined 219 bitcoin or bitcoin equivalents (BTC) in July as it combated problems with its equipment and electricity costs

Crypto miners in Texas shut down operations as state experiences extreme heat wave

11.7.2022
ERCOT reported that wind generation in Texas was “generating significantly less," potentially leaving the state unable to meet energy demands during triple-digit temperatures

Another miner cashes in: Argo Blockchain reports selling 637 BTC to pay debts

7.7.2022
Argo reported it had an outstanding balance of $22 million on a loan from Galaxy Digital, from which it secured BTC-backed loan agreements in 2021

Argo Blockchain Hires Derivatives Trader to Navigate Market Rout, Sells BTC to Reduce Loan

7.7.2022
The crypto miner recorded gains in production in June, but higher electricity costs and falling bitcoin prices narrowed its margins

Argo Blockchain to Build Intel-Based Bitcoin Mining Rigs With ePIC Blockchain

7.6.2022
The partnership is an extension of a 2021 deal in which Argo agreed to buy $8 million worth of ePIC's miners

Bitcoin Miner Argo Blockchain Emerged Unscathed From Its UST Stake

18.5.2022
The firm said it was able to sell its minimal UST stake for around 93 cents per token before the price completely collapsed

Argo Blockchain Q1 Net Income Plunges 90% $2.1 Million

18.5.2022
Argo Blockchain (ARB) reported net income of £1.6 million ($2.1 million) in Q1, a drop of over 90% compared to the corresponding quarter a year earlier

Bitcoin Miner Argo Blockchain 'Leans Toward' Designing Custom Miners With Intel Chips

11.5.2022
Custom bitcoin mining rigs will allow miners to design their own machines, instead of having to settle for ready-made ones from a duopoly of manufacturers

Argo Blockchain facility in West Texas expects to start mining Bitcoin in May

5.5.2022
The company expects a hash rate of 5.5 EH/s by the end of 2022, anticipating that access to an additional 600 MW of power capacity "in the coming years" will produce 20 EH/s

Argo Blockchain to Open Flagship Texas Mining Facility Next Week; Shares Rise

5.5.2022
Argo shares jumped 12% on the London Stock Exchange

Argo Blockchain Borrows $70M From NYDIG to Buy Mining Rigs

4.5.2022
The loan brings Argo's debt to build out its 200 MW Helios facility in Texas to $97.2 million

Argo Blockchain Shares Jump After Updated Hashrate Guidance

28.4.2022
The shares rose the most since March after the crypto miner said it expects its hashrate to reach 5.5 EH/s by the end of 2022

DCG Mining Subsidiary Foundry Joins Texas Blockchain Council to Help Shape Crypto Public Policy

29.3.2022
On Tuesday, Digital Currency Group’s (DCG) mining subsidiary, Foundry Digital, announced the company has joined the Texas Blockchain Council (TBC), a nonprofit industry association in the state of Texas. Foundry detailed the newly formed alliance is aimed at Foundry’s efforts...

Senate Finance Committee Chair probes “lack of safeguards” in crypto tax incentives

29.3.2022
A new push for clarity on compliance from Senator Wyden aims to ensure economically distressed communities receive promised benefits from crypto mining companies

Bitcoin Miner Hive to Purchase Intel Mining Chips, Firm Reveals a 100 MW Deployment Deal in Texas

9.3.2022
On March 7, the publicly-listed mining firm Hive Blockchain Technologies announced the company inked a deal with Intel to purchase new ASIC mining chips. Additionally, Hive has formed an agreement with an original design manufacturer (ODM) and a non-binding letter of intent with Compute North. Hive...

Report: Intel Reveals ‘Bonanza Mine BMZ1’ Blockchain Accelerator Mining Chip

21.2.2022
Last week the California-based technology company Intel explained its intentions to develop crypto mining semiconductors that would showcase “1000x better performance per watt.” Now Intel has revealed more details about the “Bonanza Mine” (BMZ1) blockchain accelerator...