Argo Blockchain fundraising falls through, shares tumble

31st Oct 2022 09:25

(Sharecast News) - Argo Blockchain shares tumbled after the cryptocurrency miner said a planned fundraising had fallen through.

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Director dealings: Three Argo Blockchain board members buy shares

25th May 2022 13:18

(Sharecast News) - Argo Blockchain had three entries on the list of director buys on Wednesday, after three of its directors made purchases between 19 and 23 May.

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Argo Blockchain reports bumper month of crypto mining

7th Jan 2022 15:02

(Sharecast News) - Cryptocurrency miner Argo Blockchain updated the market on its operations in December, reporting that it mined 214 Bitcoin and Bitcoin equivalent (BTC) during the month, up from 185 BTC in November.

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Argo Blockchain pleased with March performance in 'difficult' conditions

6th Apr 2020 16:08

(Sharecast News) - Cryptocurrency miner Argo Blockchain updated the market on its operations in March on Monday, saying it mined 333.8 Bitcoin or Bitcoin equivalent during the month, down from 337.5 in February.

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Argo Blockchain pleased with mining efficiency after January performance

4th Feb 2020 11:25

(Sharecast News) - Cryptocurrency miner Argo Blockchain updated the market on its operations for January on Tuesday, reporting that it mined 247 Bitcoin and generated revenues of £1.63m based on daily foreign exchange rates and the price of Bitcoin in the month.

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Argo Blockchain taps Peter Wall for CEO

2nd Jan 2020 12:54

(Sharecast News) - Crypto-mining firm Argo Blockchain tapped Peter Wall to take over as chief executive on Thursday, taking over from co-founder Mike Edwards.

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Argo Blockchain brings 500 new mining machines online

11th Nov 2019 09:45

(Sharecast News) - Enterprise-scale cryptocurrency mining company Argo Blockchain announced on Monday that 500 new 'Bitmain S17 Antminer' machines had been brought onstream in the last week, increasing the total number of machines in production to 7,000.

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Argo Blockchain doubles number of mining machines on order

30th Oct 2019 11:37

(Sharecast News) - Enterprise-scale cryptocurrency mining company Argo Blockchain has amended and expanded its existing order for mining equipment from supplier Bitmain, it announced on Wednesday.

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Argo Blockchain 'rapidly' expanding mining capacity with new machines

29th Oct 2019 12:12

(Sharecast News) - Enterprise-scale cryptocurrency mining service provider Argo Blockchain announced on Tuesday that, following the installation of 500 new 'Antminer T17 Bitmain' mining machines, the total number of machines in production had increased to 6,500 from 6,000.

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Investment in hardware boosts Argo Blockchain in third quarter

8th Oct 2019 11:42

(Sharecast News) - Enterprise-scale cryptocurrency mining services provider Argo Blockchain updated the market on its operations in the third quarter ended 30 September on Tuesday, reporting revenues of £3.63m from its cryptocurrency mining operations in the period, which was a 75% increase over the second quarter.

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Argo Blockchain reaches maiden profit in interim results

17th Sep 2019 08:20

(Sharecast News) - Enterprise-scale cryptocurrency mining services provider Argo Blockchain reported a 238% increase in its half-year revenue to £2.93m in its interim results on Tuesday, while it swung to an operating profit of £0.94m from a £4.14m loss at the end of the 2018 financial year.

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Argo Blockchain expands crypto mining energy deal

27th Jun 2019 11:27

(Sharecast News) - Enterprise-scale cryptocurrency mining service provider Argo Blockchain announced the variation and extension of a multi-year agreement with Canada-based data centre provider GPU.one on Thursday, increasing the company's access to clean power supplies to a total of 14 megawatts at "significantly reduced" prices.

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Argo Blockchain ups quarterly guidance following better than expected trading

3rd Jun 2019 09:28

(Sharecast News) - Cryptomining service Argo Blockchain upped its second-quarter guidance by 57% on Monday after experiencing "significantly better than expected" trading conditions over the last six weeks.

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Crypto volatility forces Argo Blockchain to terminate mining contracts

15th Feb 2019 10:10

(Sharecast News) - Cryptocurrency mining service provider Argo Blockchain announced a refocus of its business strategy on Friday, in light of what it described as "continuing difficult trading conditions" in the cryptocurrency market, as digital currencies faced "severe" price pressure and volatility.

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Argo Blockchain sales exceed supply

4th Dec 2018 14:16

(Sharecast News) - British cryptocurrency miner Argo Blockchain has seen strong growth over the last two months as sales of its subscription packages continued to exceed both expectations and supply.

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