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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
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The Markets
by Proactive
Proactive UK has moved.
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Argo Blockchain CEO Peter Wall now paid in Bitcoin after record month in mining revenue and profits

Argo Blockchain CEO Peter Wall now paid in Bitcoin after record month in mining revenue and profits

Argo Blockchain PLC's (LON:ARB) talks to Proactive London's Katie Pilbeam after announcing mining has now gone up to 129 Bitcoin (or equivalent) in February, up from 93 in January.

Mining revenue in February amounted to £4.34mln, compared to January’s £2.48mln.

At the end of February, the company held 599 Bitcoin + Bitcoin equivalent. Wall says he woke up in the middle of the night and realised he should be paid in Bitcoin!

He said 'there was no reason not to do it, it's aligning ourselves with what we're doing as a company'.

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The Markets
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