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While China's government downright banned cryptocurrencies last year, the country now has re-emerged as the world's second largest bitcoin (BTC-USD) miner, with the U.S. remaining top dog, according to a report from the Cambridge Centre for Alternative Finance ("CCAF") released this week...
Argo's first quarter profits plummeted, mostly due to crypto valuations falling. A massive new facility has now started operations and will continue to ramp up, which should improve output, and the company has an attractive mining margin. Crypto pricing is a large risk, but accept...
Argo Blockchain plc (ARBK) Q1 2022 Earnings Conference Call May 18, 2022 8:00 AM ET Company Participants Peter Wall - CEO Alex Appleton - CFO Tom Divine - VP, IR Conference Call Participants Presentation Operator Good afternoon, ladies and gentlemen, and welcome to the Argos Blockchain plc Q1...
Vancouver, Kelowna, Delta, BC - May 18, 2022 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings you today's edition of the Crypto Corner podcast and commentary on what's driving cryptocurrency stocks and the crypto market. Listen ...
U.K.-based Argo Blockchain (NASDAQ:ARBK) stock is falling nearly 6% in Wednesday afternoon trading, as its Q1 revenue growth was offset by a decline in the price of bitcoin (BTC-USD). Specifically, revenue of $19.52M in Q1 increased from $17.84M in the year-ago period, primari...
The following slide deck was published by Argo Blockchain plc in conjunction with their 2022 Q1 earnings call. For further details see: Argo Blockchain plc 2022 Q1 - Results - Earnings Call Presentation
Argo Blockchain press release (NASDAQ:ARBK): Q1 produced net income of $2.1M. Argo achieved Adj. EBITDA of $19.1M, an increase of 24% over the same period in 2021. Revenue of $19.5M (+9% Y/Y). Total Bitcoin mined in the quarter increased by 21% to 470 Bitcoin and Bitcoin Equivalen...
Q1 2022 Results (Unaudited) LONDON, UK / ACCESSWIRE / May 17, 2022 / Argo Blockchain PLC ("Argo" or "the Company") (LSE:ARB); (NASDAQ:ARBK), a global leader in cryptocurrency mining, is pleased to announce its unaudited financial results for the quarter ended 31 March 2022. All $ amount...
BitNile's quest to becoming one of the largest publicly traded Bitcoin miners in the US may be hampered by its financial distress. BitNile's goal will be to achieve a mining production capacity of approximately 2.24 exahashes per second in the long run after buying 20,600 Bitcoin mine...
LONDON, UK / ACCESSWIRE / May 16, 2022 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), announces that the Company's Q1 2022 results will be released after the close of trading on Nasdaq on Tuesday, 17 May 2022. Argo will host a conference call to disc...
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Extension of Galaxy Loan LONDON, UNITED KINGDOM / ACCESSWIRE / July 1, 2024 / Argo Blockchain plc, (LSE:ARB)(NASDAQ:ARBK), a global leader in cryptocurrency mining using predominantly renewable energy, announces the extension of its loan with Galaxy Digital Holdings Ltd. ("Galaxy") through ...
LONDON, ENGLAND / ACCESSWIRE / June 5, 2024 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to provide the following operational update for May 2024. During the month of May, the Company mined 45 Bitcoin or Bitcoin Equivalents (together, "BTC")...