Cryptocurrency mining firm Argo Blockchain has reduced its debts to $75 million through the first half of 2023.
Category: Argo Blockchain
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Marathon Digital attributes 21% decline in Bitcoin mined to adverse weather conditions
Marathon Digital also noted that the decrease in transaction fees for June was not a cause for concern, highlighting that Bitcoin Ordinals had provided a boost in the previous month.
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Argo Blockchain accused of misleading investors in class action lawsuit
After a torrid 2022 that saw it sell off its flagship mining facility, Argo Blockchain’s woes are worsening after a recent class action suit.
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Mike Novogratz calls Helios a ‘transformative acquisition’ for Galaxy
The Galaxy CEO seems unfazed by the carnage in the BTC mining sector this year, and outlined that the firm is looking to significantly ramp up its mining initiatives.
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Bitcoin Miner Argo Blockchain Sells Helios Facility to Galaxy Digital for $65 Million, Galaxy to Host Argo’s ASIC Fleet in Texas
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Publicly-Listed Bitcoin Miner Argo Blockchain Suspends Nasdaq Trading
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Bitcoin Miner Greenidge Enters Non-Binding Debt Restructuring Deal With NYDIG
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Argo Blockchain reports insufficient funds, ‘no assurance’ it can avoid Chapter 11 bankruptcy
According to the mining firm, “inadvertently published materials” led to the suspension of trading of Argo Blockchain on the London Stock Exchange and Nasdaq on Dec. 9.
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Publicly-Listed Bitcoin Miner Argo Blockchain’s Stock Gets Downgraded, Firm Offloads Close to 4,000 Bitmain Miners
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BTC miner CleanSpark scoops up thousands of miners amid ‘distressed markets’
CleanSpark bought over 3,800 mining machines at $15.50 per terahash – far below the current market price of $22.94 and an 85.4% discount from the all-time high costs of $106.62 in Dec. 2021.
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