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Argo Blockchain keeps cashing out BTC to pay the debt to Galaxy Digital
5.8.2022
After selling 887 Bitcoin in July, Argo cut its outstanding balance under the BTC-backed loan to just $6.72 million
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
Argo May Bitcoin Output Drops 25% From April Amid Teething Problems at Texas Facility
7.6.2022
Argo Blockchain, the only London Stock Exchange-listed bitcoin miner, produced 124 bitcoin or bitcoin equivalents in May, 25% fewer than the 166 mined in April
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
Hardcore Military Shooter Arma Is Back, And Coming To Console
18.5.2022
Developers Bohemia Interactive dropped a nice surprise today, not only announcing a new Arma game, but revealing that it’s playable right now on Steam.Read more
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
Bitcoin Miner Argo Raises Hashrate Guidance Thanks to Intel Mining Chips
28.4.2022
The miner now sees 2022 hashrate at 5.5 EH/s from previous guidance of 3.7 EH/s
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...
Crypto Miner Argo’s Monthly Sales, Bitcoin Output Fell on Higher Difficulty, Winter Storm
7.3.2022
Argo Blockchain’s mining margin in February narrowed from the previous month