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Argo Blockchain boasts surge in revenues after a 545% increase in Bitcoins mined

Argo Blockchain PLC's (LON:ARB) Peter Wall talks to Proactive London after reporting a surge in earnings and revenues in its first half.

Wall goes on to explain how the company mined just under 17,000 Bitcoins resulting in revenues of over £11.1mln.

He notes how the business has benefited from a change in attitude towards digital currencies with traditional global financial markets experiencing uncertainty in 2020.

Quick facts: Argo Blockchain PLC

Price: 107 GBX

LSE:ARB
Market: LSE
Market Cap: £350.19 m
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Argo Blockchain 'adds more capacity to fleet' with 4,500 'latest and...

Argo Blockchain PLC's (LON:ARB) Peter Wall talks to Proactive London about an equipment lease with Celsius Network for 4,500 Bitmain Antminer S19 and S19 pro miners for a term of 24 months. Wall describes these machines as the 'latest and greatest machines' available at a time when he is...

on 5/11/20

2 min read