Tag: Argo
Argo Blockchain sells top mining facility to Galaxy Digital for $65M
Cryptocurrency mining firm Argo Blockchain has taken a difficult decision to sell its flagship mining facility Helios in order to survive the ongoing [...]
Bitcoin Miner Argo Will Avoid Bankruptcy After Getting $100M Lifeline from Galaxy
"Over the last few months, we have been looking for a way to continue mining through the bear market, reduce our debt load, and maintain access to the [...]
Argo blockchain suspends trading on NASDAQ due to upcoming announcement
Bitcoin mining firm Argo blockchain has suspended trading of its American depositary shares (ADS) on NASDAQ, according to a Dec. 27 press release. The [...]
Argo Blockchain Suspends U.S. Share Trading for 24 Hours
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and informatio [...]
Argo Blockchain reports insufficient funds, ‘no assurance’ it can avoid Chapter 11 bankruptcy
Crypto mining firm Argo Blockchain has reported it had been negotiating to sell assets and “engage in an equipment financing transaction” in an effort [...]
Bitcoin Miner Argo Blockchain Says It’s Close to Restructuring Without Having to Declare Bankruptcy
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and informatio [...]
Shares of Bitcoin Miner Argo Blockchain Suspended in UK and US
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and informatio [...]
Bitcoin Miner Argo Blockchain Loses More Wall Street Bulls After Financial Woes
"If indeed it can secure the financing to negotiate a power purchase agreement [PPA], we believe Argo's flagship Helios facility could be better monet [...]
El minero de bitcoin Argo no consigue recaudar US$27M y las acciones se desploman
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.
ww [...]
El minero de bitcoin Argo no consigue recaudar US$27M y las acciones se desploman
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.
ww [...]
Argo Blockchain is at risk of closing if it fails further financing
The London Stock Exchange-listed cryptocurrency firm Argo Blockchain has warned that it’s at risk of ceasing operations due to a lack of financing.The [...]
Bitcoin Miner Argo Blockchain Raises $27M to Ease Liquidity Pressures, Shares Plunge 15%
In addition to issuing 87 million shares, which equates to around 15% of the business, Argo announced the sale of 3,400 Antminer S19 J Pro miners to a [...]
Argo Blockchain’s Crypto Mining Margin Narrows to 20% as Natural Gas Prices Soar
Rampant energy costs at the facility, which uses electricity bought on the spot market, have eaten into profitability this year. The margin, which sto [...]
Sell-Side Trims Targets for Bitcoin Miner Argo Blockchain
Argo expects to sign a fixed-price power purchasing agreement in the next couple of months, which will both stabilize its electricity spending and all [...]
Bitcoin Miner Argo Blockchain Looks to Raise $25M-$35M For 4.1 EH/s Hashrate Target
On Wednesday, Argo lowered its 2022 hashrate expectations from 5.5 EH/s to 3.2 EH/s, citing delays in the delivery and deployment of Intel's (INTC) Bl [...]