Argo Blockchai. Share News (ARB)

Argo Blockchain narrows annual loss amid bitcoin recovery in 2023

(Alliance News) - Argo Blockchain PLC on Thursday said the company strengthened its financial position last year, thanks to cost cutting and a rally in the price of bitcoin.

UK earnings, trading statements calendar - next 7 days

Argo Blockchain ups Bitcoin mining production in March amid relocation

(Alliance News) - Argo Blockchain PLC on Friday said it mined more Bitcoin in March than a month earlier, despite network difficulties.

EARNINGS AND TRADING: Harland & Wolff wins major Falklands contract

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Argo Blockchain shares drop on Bitcoin production falling in January

(Alliance News) - Argo Blockchain PLC on Monday said Bitcoin production fell in January, blaming a fall in hashprice and weather affecting its facilities.

IN BRIEF: Cellular Goods interim CEO Darcy Taylor resigns on Monday

Cellular Goods PLC - London-based cannabinoid skincare manufacturer and carbon sequestration service developer - Announces resignation of Darcy Taylor from position as chair and interim chief executive officer. Appoints Michael Edwards as executive director with immediate effect. Edwards has over 20 years of technology investment experience, and was co-founder of the Argo Blockchain PLC and NFT Investments PLC digital asset companies.

Argo Blockchain raises GBP7.8 million in placing; December revenue up

(Alliance News) - Argo Blockchain PLC on Monday said that funds raised through the share placing would be used to repay debts, after closing out 2023 with a "strong performance".

Argo Blockchain mining revenue up in November as mines more bitcoin

(Alliance News) - Argo Blockchain PLC on Monday reported an increase in bitcoin mined as well as revenue growth.

IN BRIEF: Argo Blockchain hires former CBOE Digital chief to be CEO

Argo Blockchain PLC - London-based cryptocurrency miner - Hires Thomas Chippas as chief executive officer and board member, starting immediately. New York-based Chippas most recently was CEO of CBOE Digital, a crypto trading and clearing firm that is part of Cboe Global Markets Group. He also was CEO of Citadel Technology LLC and worked at financial firms Citigroup Inc, Barclays PLC and Deutsche Bank AG. "The pace of innovation in the bitcoin mining industry continues to increase as miners seek ever greater efficiency and capacity in preparation for the bitcoin halving and beyond," Chippas says.

TRADING UPDATES: Byotrol interim sales flat; Argo loss narrows

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

IN BRIEF: Argo Blockchain mines more bitcoin in October than September

Argo Blockchain PLC - London-headquartered cryptocurrency mining company - Mines 143 Bitcoin or Bitcoin equivalents, or 4.6 Bitcoins per day, in October. This compares to mining 136 Bitcoin or Bitcoin equivalents or 4.5 Bitcoins per day in September. Says daily production up 2% in October from September, despite a 7% increase in the monthly average network difficulty in October to September. Says this is primarily due to fewer hours of economic curtailment at Helios in October. October mining revenue is USD4.3 million, up 19% from USD3.6 million in September.

Argo Blockchain mines more bitcoin in September on power credits

(Alliance News) - Argo Blockchain PLC on Thursday reported an increase in bitcoin mined during September, which it attributed to significant power credits from economic curtailment.

Argo Blockchain mines less bitcoin in August on economic curtailment

(Alliance News) - Argo Blockchain PLC on Friday reported a reduction in bitcoin mined during August, which it attributed to economic curtailment at its mine in Texas.

Argo Blockchain reduces debt but Bitcoin decline hits revenue

(Alliance News) - Argo Blockchain PLC on Tuesday said it reduced its debt during the first half year as its interim loss narrowed, but that various cryptocurrency headwinds caused revenue to fall.

Argo Blockchain hails hashrate capacity while mining falls in July

(Alliance News) - Argo Blockchain PLC on Friday celebrated a return to growth in its total hashrate capacity in July, despite mining less bitcoin compared to June.