Argo Blockchain

Financial services

Description

Argo Blockchain is a cryptocurrency mining firm based out of London.

History

Argo Blockchain was founded in 2017 by Mike Edwards, an executive with experience building tech startups, some of which sold to large companies like Google and Twitter.

Argo is a publicly-listed company on the London Stock Exchange. The company announced in August 2019 that it aims to become "the world's largest publicly-listed crypto miner by 2020." In early January 2020, Argo announced it was installing 3,616 more of Bitmain's Antminer machines in addition to the machines the company already possessed, increasing its cryptocurrency mining capacity by 75 percent. Its CEO Peter Wall said the company plans to install an additional 6,384 machines by the end of Q1 of 2020, which would increase its initial mining capacity by 204 percent.

Website

https://argoblockchain.com

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