News & Videos - ARGO BLOCKCHAIN ORD 0.1P

Q1 2024 Results (Unaudited) LONDON, UNITED KINGDOM / ACCESSWIRE / May 23, 2024 / Argo Blockchain plc (LSE:ARB)(NASDAQ:ARBK), a global leader in cryptocurrency mining, is pleased to announce its unaudited financial results for the quarter ended 31 March 2024. All $ amounts are in United States Dollars ("USD") unless otherwise stated. Q1 2024 Financial Results ● The Company ended the quarter with cash of $12.4 million and held 11 Bitcoin ("BTC") or Bitcoin Equivalent ● Reduced debt by $12.4...

LONDON, ENGLAND / ACCESSWIRE / May 16, 2024 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), announces that the Company's Q1 2024 results will be released on Thursday, 23 May 2024. Argo will host a conference call to discuss its results at 10:00 ET / 15:00 BST on Thursday, 23 May 2024. The conference call is open to all existing and potential shareholders, and the live webcast of the call can be accessed via the Investor Meet Company platform. Questions can...

LONDON, ENGLAND / ACCESSWIRE / May 14, 2024 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), announces it will hold its Annual General Meeting ('AGM') at 15:00 BST on 6 June 2024 at the offices of Fladgate LLP, 16 Great Queen Street, London, WC2B 5DG. The meeting will be available for shareholders to attend in person, and the Company will provide access to the AGM through the Investor Meet Company platform. Shareholders should use the following link to...

Grant of Equity Awards LONDON, UNITED KINGDOM / ACCESSWIRE / May 3, 2024 / Argo Blockchain plc (LSE:ARB)(Nasdaq:ARBK), a global leader in cryptocurrency mining, is pleased to provide the following operational update for April 2024. During the month of April, the Company mined 99 Bitcoin, or 3.3 Bitcoin per day (March 2024 - 103 Bitcoin). Daily Bitcoin production in April remained the same as the prior month despite the Bitcoin halving occurring on 19 April 2024. This is primarily due to a...

LONDON, UK / ACCESSWIRE / April 25, 2024 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to announce its audited results for the year ended 31 December 2023. Highlights Total number of Bitcoin mined during 2023 was 1,760, or 4.8 Bitcoin per day. Revenues of $50.6 million, a decrease of 14% from 2022, driven primarily by a significant increase in the global hashrate and associated network difficulty level. Increased hashrate by approximately 0.3...

Notice of FY 2023 Results and Investor Presentation LONDON, UK / ACCESSWIRE / April 18, 2024 / Argo Blockchain plc ("Argo" or "the Company"), a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), announces that the Company's FY 2023 results will be released on Thursday, 25 April 2024. Argo will host a conference call to discuss its results at 10:00 ET / 15:00 BST on Thursday, 25 April 2024. The conference call is open to all existing and potential shareholders, and the live webcast of...

LONDON, ENGLAND / ACCESSWIRE / April 5, 2024 / Argo Blockchain plc ("Argo" or "the Company") (LSE:ARB)(NASDAQ:ARBK), a global leader in cryptocurrency mining, is pleased to provide the following operational update for March 2024. During the month of March, the Company mined 103 Bitcoin, or 3.3 Bitcoin per day. This is a 5% increase in daily Bitcoin production compared to the prior month, despite a 4% higher average network difficulty in March 2024. In March 2024, the Company sold its Mirabel...

Closing on Sale of Mirabel, Quebec Data Center Allotment of New Shares Share Capital and Total Voting Rights LONDON, UK / ACCESSWIRE / March 28, 2024 / Argo Blockchain plc (LSE:ARB)(NASDAQ:ARBK), a global leader in cryptocurrency mining, is pleased to announce that it has closed on the previously announced sale of its data center located in Mirabel, Quebec (the "Mirabel Facility") for total consideration of $6.1 million (the "Transaction"). The net proceeds from the Transaction were used to...

Sale of Mirabel, Quebec Data Center for $6.1 Million February Operational Update LONDON, UK / ACCESSWIRE / March 5, 2024 / Argo Blockchain plc (LSE:ARB);(NASDAQ:ARBK), a global leader in cryptocurrency mining, is pleased to announce that it has entered into an agreement for the sale of its data center located in Mirabel, Quebec (the "Mirabel Facility") for total consideration of $6.1 million (the "Transaction"). All references to $ are to USD, being derived from the Canadian dollar amounts at an...

LONDON, UK / ACCESSWIRE / February 5, 2024 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to provide the following operational update for January 2024. During the month of January, the Company mined 124 Bitcoin, or 4.0 Bitcoin per day. This 20% decrease in daily Bitcoin production compared to the prior month was driven by a 16% decrease in Bitcoin-denominated hashprice, and to a lesser extent, weather-related curtailments. Hashprice, which...

LONDON, ENGLAND / ACCESSWIRE / January 8, 2024 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to announce it has raised, subject to Admission, gross proceeds of £7.8 million ($9.9 million) by the issue of 38,064,000 new ordinary shares of £0.001 each in the Company ("Ordinary Shares") at a price per share of £0.205 to certain institutional investors (the "Placing"). The Placing price represents a discount of approximately 1 per cent to the...

LONDON, ENGLAND / ACCESSWIRE / January 8, 2024 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to provide the following operational update for December 2023. During the month of December, the Company mined 155 Bitcoin, or 5.0 Bitcoin per day. This is a 4% increase in daily Bitcoin production compared to the prior month, driven by increased transaction fees on the network, greater operational efficiency and offset by an increase in network...

Share Capital and Total Voting Rights LONDON, ENGLAND / ACCESSWIRE / December 29, 2023 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB);(NASDAQ:ARBK), announces, in compliance with its obligations under Rules 5.6.1R and 5.6.2G of the Disclosure Guidance and Transparency Rules, that as at 29 December 2023, the Company's share capital consisted of 536,963,471 ordinary shares of £0.001 each (Ordinary Shares). All of the Ordinary Shares have equal voting rights and there...

LONDON, ENGLAND / ACCESSWIRE / December 15, 2023 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), announces that it has issued 1,638,305 new ordinary shares of £0.001 each in the capital of the Company ("Ordinary Shares") pursuant to the terms of previously granted Restricted Share Units. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in issue and application has been made for the new Ordinary Shares to be admitted to the...

Appointment of Chief Executive Officer and PDMR Notification LONDON, ENGLAND / ACCESSWIRE / November 27, 2023 / Argo Blockchain plc ("Argo" or "the Company"), a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to announce that it has appointed Thomas Chippas as Chief Executive Officer and Director with immediate effect. Thomas Chippas, most recently the Chief Executive Officer of CBOE Digital and a former member of its Board of Directors, is a New York-based executive...

October Operational Update LONDON, UK / ACCESSWIRE / November 3, 2023 / Argo Blockchain plc, ("Argo" or "the Company") a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to provide the following operational update for October 2023. During the month of October, the Company mined 143 Bitcoin or Bitcoin Equivalents (together, "BTC"), or 4.6 BTC per day. The Company was able to increase its daily BTC production in October by 2% compared to the prior month, despite a 7%...

LONDON, UK / ACCESSWIRE / September 8, 2023 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to provide the following operational update for August 2023. During the month of August, the Company mined 105 Bitcoin or Bitcoin Equivalents (together, "BTC"), or 3.4 BTC per day. The reduction in BTC mined from July 2023 (4.6 BTC per day) is primarily due to economic curtailment at Helios, which generated significant power credits that the Company...

LONDON, UK / ACCESSWIRE / August 29, 2023 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to announce its results for the six months to 30 June 2023. Highlights Reduced non-mining operating costs and expenses by 21% in Q2 2023 compared to the prior quarter, resulting in a positive Adjusted EBITDA of $1.0 million for the quarter (Adjusted EBITDA of $2.3 million for H1 2023) Reduced debt by $4 million during the quarter to $75 million as of 30...

LONDON, UK / ACCESSWIRE / August 29, 2023 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to announce its results for the six months to 30 June 2023. Highlights Reduced non-mining operating costs and expenses by 21% in Q2 2023 compared to the prior quarter, resulting in a positive Adjusted EBITDA of $1.0 million for the quarter (Adjusted EBITDA of $2.3 million for H1 2023) Reduced debt by $4 million during the quarter to $75 million as of 30...

LONDON, UK / ACCESSWIRE / August 23, 2023 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB); (NASDAQ:ARBK), announces that the Company's Q2 2023 results will be released on Tuesday, 29 August 2023. Argo will host a conference call to discuss its results at 10:00 ET / 15:00 BST on Tuesday, 29 August 2023. The conference call is open to all existing and potential shareholders, and the live webcast of the call can be accessed via the Investor Meet Company platform. Questions...