Argo Blockchain

Bitcoin Mining Report Claims Miner Energy Consumption Mix 56% Sustainable in Q2

<div class=”featured_image_container”> </div> <strong>During the last three months, there’s been a significant focus on the effects bitcoin mining has on the global environment. While many have claimed bitcoin mining is bad for the environment and many others have stressed that it affects the environment in a positive way, either way, most are relying on unreliable …

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DMG and Argo to Launch a Clean Energy-Focused Bitcoin Mining Pool

<div class=”featured_image_container”> </div> <strong>The blockchain and crypto firm DMG Blockchain Solutions has revealed a partnership with the crypto asset mining business Argo Blockchain. The two firms have decided to launch a bitcoin mining pool that’s focused on leveraging clean energy resources. </strong> DMG Blockchain Solutions (TSX-V: DMGI) and Argo Blockchain Plc (LSE: ARB) have recently …

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Argo Blockchain Buys 172.5 Bitcoins as Reserve Asset, Monthly Revenue Soars 52%

<div class=”featured_image_container”> </div> <strong>Argo Blockchain said Wednesday that it bought 172.5 bitcoins in the second half of January as part of its asset management strategy.</strong> ● In a trading update, the London Stock Exchange-listed bitcoin miner also reported strong revenue growth during the review month, climbing 52% to £2.48 million ($3.37 million) from £1.63 million …

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$10 Billion in BTC Reserves: Companies With Bitcoin Treasuries Command Close to 4% of the Supply

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/387399″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”http://scoreit.online/wp-content/uploads/2020/10/wb_728x180-28.jpg” alt width=”728″ height=”180″></a></div><strong>The web portal bitcointreasuries.org now shows close to two dozen firms with a large number of bitcoin reserves. Currently, the aggregate total bitcoin held in reserves by the 23 companies listed is roughly 785,999 <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” …

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Here Are the Top Public Companies That Have Adopted Bitcoin as a Reserve Asset

When Microstrategy Inc. bought $425 million bitcoin in the last two months, the decision became an important stamp of institutional approval of the top crypto’s credentials as a mature, safe-haven asset. The American technology firm had just made bitcoin its primary reserve asset to hedge against fiat inflation. Now, it appears major global companies are …

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London Bitcoin Miner Argo Blockchain Reports 1,000% Revenue Increase to $10 Million

London Stock Exchange-listed bitcoin miner Argo Blockchain Plc said on Wednesday full-year 2019 revenue rocketed 1,000% to £8.62 million ($10.78 million) from £760,000 a year earlier. The company stated that the increase was due to a realignment of operations, from consumer-oriented mining as a service (MaaS) business to a proprietary mining model. Based in London, …

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