Argo Blockchain


Finance

Bitcoin Mining Profitability Rose in June as Market Adjusted for the Halving: Jefferies

U.S.-listed mining companies produced a greater share of bitcoin in June than May as they brought on new capacity while the network hashrate dropped, the report said.

A photo of four mining rigs

Finance

Bitcoin Mining Was More Profitable in February Than January: Jefferies

Publicly traded North American mining companies produced a smaller share of new bitcoin last month, slipping to 17.5% of the total network, the report said.

Argo Blockchain's Helios facility in Dickens County, Texas. (Argo Blockchain)

Finance

Crypto Miner Argo Blockchain Raises $7.5M in Share Sale; Stock Slumps

Proceeds from the private placing and public sale will be used to pay down debt.

Riot Platforms’ acquisition of Block Mining makes sense, JPMorgan says. (Sandali Handagama)

Finance

Argo Blockchain Slumps to Full-Year Loss on Bitcoin Price Slide

The crypto mining company is in a stronger position now, interim CEO El-Bakly said.

Argo Blockchain's Helios facility in Dickens County, Texas. (Argo Blockchain)

Tech

Intel Discontinues Bitcoin Mining Chip Series

The production of the so-called Blockscale chips was announced about a year ago.

(Slejven Djurakovic/unsplash)

Finance

Bitcoin Miner Argo Blockchain's CEO Resigns

The mining firm had to sell its biggest facility to stave off bankruptcy.

Argo Blockchain's Helios facility in Dickens County, Texas. (Argo Blockchain)

Finance

Bitcoin Miner Argo Blockchain's CFO Alex Appleton Quits

Appleton, who has served in this role since September 2020, is departing to "pursue other opportunities"

(Eliza Gkritsi/CoinDesk)

Videos

White House Calls on Congress to ‘Step up’ Regulation Efforts; Argo Blockchain Faces Suit Over US Share Sale

Four senior U.S. officials in the White House published a statement on Friday urging Congress to “step up its efforts” with respect to regulating the cryptocurrency market. Plus, crypto miner Argo Blockchain facing a class-action lawsuit over alleged misleading statements made during the initial public offering (IPO) of its American depositary shares (ADS) in 2021.

CoinDesk placeholder image

Videos

Bitcoin Miner Argo Blockchain Faces Lawsuit Over Alleged Misleading Statements in U.S. Share Sale

Argo Blockchain, a crypto miner whose shares trade on the London Stock Exchange (ARB) and Nasdaq (ARBK), is facing a class-action lawsuit over alleged misleading statements made during the initial public offering (IPO) of its American depositary shares (ADS) in 2021. "The Hash" panel discusses what this means for the bitcoin mining industry.

Recent Videos

Finance

Bitcoin Miner Argo Blockchain Faces Class-Action Suit Over US Share Sale

Argo failed to disclose that it suffered from significant capital constraints as well as electricity and network difficulties, the suit says.

(Eliza Gkritsi/CoinDesk)

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