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Thu, 19th Sep 2019 16:46
(Alliance News) - Argo Blockchain PLC on Thursday said it now has 6,000 machines in production after installing another 1,000 new Antminer T17 Bitmain mining machines.
The cryptocurreny miner said it "expects to increase its installed base rapidly" in 2019 and has 6,000 additional machines or order, expected to be installed in the next two quarters.
A third-quarter operational update is scheduled for early October.
Shares in Argo were down 4.1% at 9.11 pence in London on Thursday afternoon.
Argo Blockchain PLC - London-based cryptocurrency miner - In April, mines 166 bitcoin, a slightly higher figure than 163 BTC mined in March. This allows mining revenue to grow 5.8% to GBP5.5 million from GBP5.2 million the month before.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read more(Alliance News) - European equities prices were in positive territory on Thursday, with the FTSE 100 set to make it three successive days in the green, helped by a strong share price gain for Asia-focused bank Standard Chartered.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
Read moreArgo Blockchain PLC - London-based cryptocurrency miner - Says its Argo Helios subsidiary has entered into an equipment financing agreement with NYDIG ABL LL, owned by New York Digital Investment Group LLC. As part of the agreement, NYDIG has loaned Argo Helios USD26.7 million to recapitalise the purchase of electrical infrastructure equipment for its flagship cryptocurrency mining facility in Dickens County, Texas. Company anticipates being able to energise the 200 megawatts facility, and is still on track for facility completion, in the first half of 2022, it adds.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
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Read moreIN BRIEF: Argo Blockchain's December Bitcoin mining revenue declines
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(Sharecast News) - Cryptocurrency miner Argo Blockchain updated the market on its operations in December, reporting that it mined 214 Bitcoin and Bitcoin equivalent (BTC) during the month, up from 185 BTC in November.
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