Argo advances as it swings to first profit since listing
The results are the first set of figures since Argo decided to refocus its business from subscription-based mining to generating crypto for its own ends
Company
Argo Blockchain PLC
LON:ARB
Argo Blockchain PLC is a global data centre business that provides a powerful and efficient platform for cryptocurrency mining operations. The company is headquartered in London, UK, with operations in strategic locations in North America.
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Argo Blockchain ends partnership discussion with Hive Blockchain Technologies
The crypto miner said the interests of shareholders would be better served by the firm implementing a US$16mln investment programme to boost capacity
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Argo Blockchain bounces as it recoups cost of crypto mining machines faster than expected
The Bitcoin miner said it had achieved 100% payback on 1,000 mining machines in less than half of the estimated time frame
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Argo Blockchain surges as it inks deal to expand electricity supply by 357%
The boost will increase Argo's Bitcoin mining capacity to 1,360 petahash from 505 petahash, making it the world’s largest publicly listed crypto miner
Argo Blockchain gets the bitcoin between its teeth
The installation of new mining equipment continues apace with 1,000 Z11 and 2,269 S17 Antminers currently in production at Argo's Quebec facilities
Argo appoints former Gazprombank adviser as independent non-executive director
Matthew Shaw is also the founder of Protos Asset Management, a Swiss company that invests in early-stage cryptocurrency and blockchain businesses
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Distil down the plug-hole after slump in revenues
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Argo Blockchain surges as it expands crypto mining capacity by over 100%
The 5,000 new machines will allow Argo to perform around 505,000 trillion of the calculations needed to mine Bitcoin every second
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FTSE 100 closes a shade lower as markets uninspired; US celebrates Independence Day holiday
The Footsie finished down nearly six points at 7,603
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CAP-XX signs licensing agreement after favourable US court decision
A look at the day's major movers, including Fastjet, Johnson Service, Solid State, Fusion Antibodies, Funding Circle, Dialight and Associated British Engineering
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Proactive news snapshot: Sirius Minerals, Arc Minerals, InnovaDerma, H&T Group …
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Argo Blockchain surges as second quarter mining beats expectations
The cryptoasset miner said a strong rise in Bitcoin prices had boosted yields from its hardware, while 2,500 new machines were expected to be in operation by the third quarter
Investments and investor services
FTSE 100 closes firmly higher as trade optimism boosts sentiment
The Footsie closed up over 61 points at 7,559. The FTSE 250 closed up around 24 points higher at 19,659.
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e-therapeutics jumps as share overhang created by Woodford’s need to liquidate assets further cleared
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Argo Blockchain increases capacity and cuts costs under new agreement with data centre provider
The new agreement with Canadian group GPU.one will allow Argo to increase its mining capacity at two data centres in Quebec by 47% to 14 megawatts
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News from FirstGroup, Stagecoach to drive corporate diary in coming week
Aside from the two mid-cap transport operators, blue chip contractor Bunzl will also issue a trading update, while the macro focus will be on the G20 meeting in Japan