London Bitcoin Miner Argo Blockchain Reports 1,000% Revenue Increase to $10 Million

London Stock Exchange-listed bitcoin miner Argo Blockchain Plc said on Wednesday full-year 2019 revenue rocketed 1,000% to £8.62 million ($10.78 million) from £760,000 a year earlier. The company stated that the increase was due to a realignment of operations, from consumer-oriented mining as a service (MaaS) business to a proprietary mining model. Based in London, […]

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$32mil Raised by Mining Company Listed on London Stock Exchange

$32mil First Day Crypto Mining Co on London Stock ExchangeIdealistic startup Argo Blockchain PLC, a mining company, is the first cryptocurrency-related firm to sit on the prestigious London Stock Exchange. In only its initial trading day, Argo raised $32 million, earning a $61 million valuation in the process. Also read: Bitcoiners Hope to Have a Friend in Top US Regulator Jay Clayton Mining Company […]

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What Is Nodes as a Service (NaaS)?

nodes as a serviceWhether you’re a blockchain startup or an established business, it’s extremely expensive to launch your own node network – and even more expensive to maintain it. Since blockchain became a household name, providing the solution to any problem, CEOs around the globe have been urging their tech teams to “go blockchain.” But it’s not as simple as it sounds – and that’s where Nodes as a Service (NaaS) comes in. Many developers simply aren’t familiar with blockchain technology and are still scrambling to study up on the technology and its nuances. Small businesses and startups may not have the necessary capital to

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Can Anyone Mine Bitcoin, and What Is Mining as a Service?

bitcoin miningOnce your attention flips from the dramatic drops and rises in bitcoin’s value and you’ve gotten over the marketing hype about blockchains and ICOs, your thoughts may eventually turn to how the whole thing works. Terms like “bitcoin mining” and “digital gold” conjure up images of men with hardhats descending into dimly-lit caves, but that’s obviously not how this commodity is mined. That begs the question of how it is. Can anyone mine bitcoin? And what is MaaS? Bitcoin Mining Basics We know that it doesn’t take a flashlight and a pick to mine bitcoin. A computer science degree and

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