Argo Blockchain News

28.12 / 03:39

NASDAQ Stock indices Bitcoin Hedge funds see bitcoin miners ‘going bust’ as crypto winter continues

Bitcoin miners enjoyed a bumper 2021 amid a historic bull market but with crypto suffering one of its worst-ever corrections this year, some publicly-listed miners are on the verge of being wiped out, according to hedge funds.

29.08 / 14:43

Miner Argo Blockchain Successfully Decreases 2022 Debt to $75 Million – Here's the Latest

Digital asset mining firm Argo Blockchain has reported $18.8 million in losses in the first half of the year, reducing total losses to $75 million from last year.

07.03 / 12:31

business Hash Rate Bitcoin Bitcoin production Argo increases Bitcoin production despite BTC difficulty growth

Publicly-listed Bitcoin (BTC) mining firm Argo Blockchain has increased its daily BTC production despite a significant spike in network difficulty.

07.02 / 09:27

business Mining regulation Investments Court Bitcoin Power Layer1 CEO alleges co-founder is using majority power to 'ransack' company

The CEO of crypto miner Layer1 Technologies has filed a lawsuit against the firm’s two other board members — including co-founder Jakov Dolic — for allegedly commandeering Layer1's operations for their own gain.

27.01 / 08:29

business Mining regulation NASDAQ shares Bitcoin class action Argo Blockchain accused of misleading investors in class action lawsuit

Investors of crypto mining firm Argo Blockchain have filed a class action lawsuit accusing the miner of making untrue statements and omitting key information during its initial public offering (IPO) in 2021.

12.12 / 23:47

business Mining Bankruptcy reports 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 to avoid filing for bankruptcy.

02.11 / 06:07

business Government BTC miner CleanSpark scoops up thousands of miners amid 'distressed markets'

Sustainability-focused Bitcoin (BTC) mining company CleanSpark has snapped up another 3,843 cryptocurrency miners amid a backdrop of mining industry consolidation.

26.07 / 17:18

education Texas Bitcoin Crypto miners Texas a Bitcoin ‘hot spot’ even as heat waves affect crypto miners

Record-breaking heat waves are being documented across the world as extreme weather is worsening due to climate change. States throughout America are continuing to see temperatures rise above 100 degrees Fahrenheit (38 degrees Celsius), while the United Kingdom recently saw temperatures reach 104 degrees Fahrenheit (40 degrees Celsius).

29.03 / 06:31

regulation Tax reduction committee Senate Finance Committee Chair probes “lack of safeguards” in crypto tax incentives

Democratic Senator Ron Wyden is digging into the activities of crypto companies that take advantage of tax breaks provided by the Opportunity Zone program.

07.02 / 12:13

Blockchain Bitcoin reports Bitcoin fall fall Listed crypto miner Argo Blockchain reports revenue and bitcoin fall for January

Argo Blockchain said on 7 January that its revenue and the number of bitcoins it mined in January fell compared to December.

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