Category: Argo Blockchain

Bitcoin Miner Argo Blockchain Shares Gain on News of Diversification

January 19, 2022
Argo BlockchainBusiness & EconomyCompaniescryptocurrencydiversificationGainMarketsShares
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Bitcoin miner Argo Blockchain PLC has started a non-mining business unit, Argo Labs, to diversify its business and take advantage of other opportunities in the blockchain ecosystem, CoinDesk reports. “We’ve always felt that the blockchain space has more potential than just mining,” said Argo CEO Peter Wall in an interview with CoinDesk, adding the new business unit will be “an…

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Argo Blockchain’s Texas Bitcoin Mining Farm to Be a $2 Billion Powerhouse

November 6, 2021
Argo Blockchainbitcoin miningBusiness & EconomyCompaniesInvestmentMarkets
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London-based Bitcoin mining giant Argo Blockchain ADR plans to build an 800-megawatt data center in West Texas that would cost the firm from $1.5 to $2 billion. What Happened The cost estimate for the mining facility is based on “the type of mining machines to be installed in the facility, the mix of owned and…

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