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Publicly-Listed Bitcoin Miner Argo Blockchain’s Stock Gets Downgraded, Firm Offloads Close to 4,000 Bitmain Miners
2.11.2022
On Oct. 31, 2022, the publicly-listed bitcoin miner Argo Blockchain revealed the firm’s attempt to obtain $27 million in a scheduled financing deal fell through. According to the company’s October update, Argo said it did not believe the deal “will be consummated”...
BTC miner CleanSpark scoops up thousands of miners amid 'distressed markets'
2.11.2022
CleanSpark bought over 3,800 mining machines at $15.50 per terahash – far below the current market price of $22.94 and an 85.4% discount from the all-time high costs of $106.62 in Dec. 2021
Bitcoin Miner Argo Blockchain Loses More Wall Street Bulls After Financial Woes
1.11.2022
Two analysts downgraded their recommendation on Argo's shares
El minero de bitcoin Argo no consigue recaudar US$27M y las acciones se desploman
31.10.2022
El sector de la minería de bitcoin está luchando contra el aumento de los precios de la energía y el estancamiento del valor de las criptomonedas
El minero de bitcoin Argo no consigue recaudar US$27M y las acciones se desploman
31.10.2022
El sector de la minería de bitcoin está luchando contra el aumento de los precios de la energía y el estancamiento del valor de las criptomonedas
Crypto News Summary: Asian Banking Giant Joins Singapore’s CBDC Effort, Hong Kong to Launch Crypto ETF, Argo Blockchain May Be Forced to Shut Down
31.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: Asian Banking Giant Joins Singapore’s CBDC Effort, Hong Kong to Launch Crypto ETF, Argo Blockchain...
Argo Blockchain is at risk of closing if it fails further financing
31.10.2022
Argo Blockchain has been selling its Bitcoin holdings earlier this year to cut debt to Michael Novogratz’s crypto investment firm Galaxy Digital
Bitcoin Miner Argo's $27M Fundraise Falls Through; Shares Plunge
31.10.2022
Argo Blockchain's plan to raise $27 million from a strategic investor has fallen through, the company said
Bitcoin Miner Argo Blockchain Raises $27M to Ease Liquidity Pressures, Shares Plunge 15%
7.10.2022
London-based bitcoin miner Argo Blockchain has raised $27 million after agreeing to issue 87 million shares to a sole investor
Argo Blockchain's Crypto Mining Margin Narrows to 20% as Natural Gas Prices Soar
9.9.2022
The miner signed a deal to host up to 32 megawatts of mining machines, which is enough power for around 10,000 rigs
Sell-Side Trims Targets for Bitcoin Miner Argo Blockchain
26.8.2022
Earlier this week, the bitcoin mining firm lowered its year-end growth projection from 5 EH/s to 3.2 EH/s
Bitcoin Miner Argo Blockchain Looks to Raise $25M-$35M For 4.1 EH/s Hashrate Target
25.8.2022
The firm is also looking to sign a deal for power in the next few months to avoid paying spot prices
Bitcoin Miner Argo Cuts Year-End Hashrate View Citing Delayed Intel Mining Rigs
24.8.2022
The company’s second-half revenue and adjusted EBITDA fell mainly due to the decline in bitcoin prices
Argo Blockchain keeps cashing out BTC to pay the debt to Galaxy Digital
5.8.2022
After selling 887 Bitcoin in July, Argo cut its outstanding balance under the BTC-backed loan to just $6.72 million
Crypto Miner Argo Blockchain Faced Equipment Challenges, Higher Costs in July
5.8.2022
Argo Blockchain (ARB) mined 219 bitcoin or bitcoin equivalents (BTC) in July as it combated problems with its equipment and electricity costs
Crypto miners in Texas shut down operations as state experiences extreme heat wave
11.7.2022
ERCOT reported that wind generation in Texas was “generating significantly less," potentially leaving the state unable to meet energy demands during triple-digit temperatures
Another miner cashes in: Argo Blockchain reports selling 637 BTC to pay debts
7.7.2022
Argo reported it had an outstanding balance of $22 million on a loan from Galaxy Digital, from which it secured BTC-backed loan agreements in 2021
Argo Blockchain Hires Derivatives Trader to Navigate Market Rout, Sells BTC to Reduce Loan
7.7.2022
The crypto miner recorded gains in production in June, but higher electricity costs and falling bitcoin prices narrowed its margins
Argo Blockchain to Build Intel-Based Bitcoin Mining Rigs With ePIC Blockchain
7.6.2022
The partnership is an extension of a 2021 deal in which Argo agreed to buy $8 million worth of ePIC's miners
Argo May Bitcoin Output Drops 25% From April Amid Teething Problems at Texas Facility
7.6.2022
Argo Blockchain, the only London Stock Exchange-listed bitcoin miner, produced 124 bitcoin or bitcoin equivalents in May, 25% fewer than the 166 mined in April