Blog
Posts Categorized: Argo Blockchain
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Argo Blockchain – Q3 update shows further revenue growth and high margin maintenance. Conviction Buy reiterated.
By Richard Gill, CFA Crypto miner Argo Blockchain (ARB) has announced a brief but positive update on trading for the three months to September 2019. The third quarter saw revenues of £3.63 million generated from its cryptocurrency mining operations, up 75% from Q2 2019, with mining margins for the period of c.73%. Margins were down […]
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Zak Mir interviews Mike Edwards of Argo Blockchain
Zak Mir interviews Mike Edwards, President & Executive Director of Argo Blockchain. Click the play button below to listen to the audio. https://zakmir.com/wp-content/uploads/2019/10/ZOOM0071.mp3 Key points covered: Can u give our listeners a broadbrush overview as to where u now see Argo going given the shelving of the MaaS (Mining as a Service) original idea and the […]
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Argo Blockchain – Strong interims vindicate change of strategy
By Richard Gill, CFA Argo Blockchain (ARB) has announced results for the six months to June 2019 this morning, the company’s first since its change of strategy in February this year. The headline figures showed revenues growing by 283% to £2.93 million as the company turned to mining cryptocurrencies for its own book and […]
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Argo Blockchain – New Agreement to Significantly Expand Mining Capacity
By Richard Gill, CFA Crypto miner Argo Blockchain (ARB) has entered into a new agreement with GPU.one to increase its supply to clean electricity by 357%, from 14MW to 64MW, at its two data centres in Quebec and its new data centres in Eastern Canada. The agreement is for three years from 25th June 2019, […]
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Argo Blockchain – missed the bitcoin rally? Argo allows for a value “catch up”
As we relayed here when pressing for the appointment of new Directors to Argo Blockchain, the famous John Maynard Keynes line – “when the facts change, I change my mind sir, what do you do?” springs to mind once again – this time on our part. We were not a believer in crypto for the […]