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Argo Blockchain
First Mover Americas: Bitcoin's on a Tear, Up 30% in 2 Weeks
The latest price moves in crypto markets in context for Jan. 24, 2023.
Hive Blockchain Deploys First Intel-Powered Bitcoin Mining Machines
The Canadian miner expects the machines to bring 110 to 130 terrash/second of computing power each.
Argo Blockchain's Bitcoin Mining Margin Widens Most in at Least a Year
December production fell 26% as Argo powered off during a Texas storm.
Argo Blockchain Shares Jump; FTX Users Sue for Priority Repayment and Damages in Bankruptcy Proceedings
Bitcoin miner Argo Blockchain will avoid filing for bankruptcy protection after Galaxy Digital agreed to buy its mining facility for $65 million and provided another $35 million loan. Plus, the latest on MicroStrategy's bitcoin bet. And, a group of FTX users are asking a U.S. court to make sure they are the first to get repaid in the crypto exchange's bankruptcy proceedings.
Argo Blockchain Gets a Lifeline From Galaxy Digital
Bitcoin miner Argo Blockchain (ARBK) will avoid filing for bankruptcy protection after Galaxy Digital (GLXY) agreed to buy its Helios mining facility in Texas for $65 million and grant the miner another $35 million loan. "First Mover" hosts Christine Lee and Lawrence Lewitinn discuss the hardships the mining industry faces this crypto winter.
Bitcoin Miner Argo Blockchain Will Avoid Bankruptcy With $100M Bailout From Novogratz’s Galaxy Digital
Galaxy will buy Argo's Helios facility for $65 million and provide $35 million loan to help the miner amid restructuring.
Crypto Miner Argo Blockchain Requests 24 Hour Trading Halt for US Shares
Argo Blockchain, a crypto miner whose shares trade on the London Stock Exchange (ARB) and Nasdaq (ARBK), said it requested a 24-hour suspension of U.S. trading. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the state of crypto mining in the wake of Core Scientific filing for bankruptcy last week. Plus, his state of regulation outlook for 2023.
Argo Blockchain Suspends Trading in US Shares for 24 Hours
The company said earlier this month it was close to restructuring without having to declare bankruptcy.
Bitcoin Miner Argo Blockchain Says It's Close to Restructuring Without Having to Declare Bankruptcy
The London-based company warned, however, there's no guarantee it will be able to do so.
Shares of Bitcoin Miner Argo Blockchain Suspended in UK and US
The struggling firm said at the end of October that it might have to cease operations if it was unable to secure additional financing.