MaaS – DIGIT INFO

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

DIGIT — Wed, 29 Apr 2020 22:00:38 +0000

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, […]

The post London Bitcoin Miner Argo Blockchain Reports 1,000% Revenue Increase to $10 Million appeared first on Bitcoin News.

Go to Source

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

DIGIT — Sun, 05 Aug 2018 07:00:16 +0000

Idealistic 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 […]

The post $32mil Raised by Mining Company Listed on London Stock Exchange appeared first on Bitcoin News.

Go to Source

What Is Nodes as a Service (NaaS)?

DIGIT — Tue, 15 May 2018 20:00:12 +0000

Whether 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

Go to Source

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

DIGIT — Wed, 04 Apr 2018 22:18:53 +0000

Once 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

Go to Source