Block plots BTC mining, integrates Lightning, abets Blockstream
According to reports on October 25, Block had tapped Perry Hothi, former chief technology officer for Argo Blockchain PLC, to help spur Block’s BTC mining ambitions.
Latest Argo Blockchain News
Argo borrows $70M from NYDIG to buy mining rigs for its Texas facility
In its filing with the U.S. securities regulator, Argo confirmed that its wholly-owned subsidiary Argo Helios had entered into additional loans under the company’s equipment financing agreement.
Argo Blockchain offers $57.5M in senior notes to fund Texas mining site
Argo will offer senior unsecured notes to raise $58 million, which it will use to finance its Texas mining site that’s set to generate 800MW of electrical power.
Argo Blockchain information leak reveals $2B facility in Texas
In its filing with the London market regulator, Argo said its representatives disclosed some internal information that wasn’t meant to go public yet in a meeting with an equity portfolio manager.
London-listed Argo Blockchain files for $75M US IPO
Argo Blockchain’s IPO for its American Depository Shares will be on the Nasdaq Global Market, with the company intending to use the funds for diversification.
Argo Blockchain profits surge amid share rise in BTC price
The London Stock Exchange-listed company shares rose this week after reporting first-half revenue stronger than many had expected.
London-listed Argo Blockchain to explore secondary listing in US
Argo Blockchain PLC is planning to explore a secondary listing on the NASDAQ exchange as it looks to take advantage of the soaring investor interest in the blockchain sector.
Block reward miner Argo Blockchain secures loan to expand Texas facility
U.K.-based blockchain company Argo Blockchain has secured a £14 million (US$20 million) loan agreement to continue the build-out of its West Texas data center.
Argo Blockchain purchases 2 facilities in Quebec
The block reward miner has completed the purchase of two data centers in Quebec, Canada. This follows an earlier announcement this year that the firm purchased land in Texas.
Argo Blockchain delivers on revenue growth in 2020
For 2020, London-based Argo Blockchain reported increased revenue by 120% to £19.0 million, compared to £8.6 million the prior year.
Argo Blockchain launching new ‘clean energy’ mining pool
Argo Blockchain is partnering with Canada-based DMG Blockchain Solutions to launch Terra Pool, an alleged environmentally friendly BTC mining pool powered by sustainable clean energy.
Argo Blockchain completes land acquisition for Texas mining facility
Argo Blockchain has completed the purchase of 320 acres of land in West Texas where it intends to put up a 200MW block reward mining facility.