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Argo Blockchain PLC (ARBKF)

Followers
55
Posters
91
Posts (Today)
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Posts (Total)
745
Created
12/24/20
Type
Free
Moderators
London 15 Min delayed quote: https://www.londonstockexchange.com/stock/ARB/argo-blockchain-plc/company-page


While Argo has been listed on the London Stock Exchange since 2018, the company's three mining facilities are all in Quebec, Canada, with the largest being a 40,000-square-foot facility near the town of Baie-Comeau on the Saint Lawrence River.

Why Argo

About > Why Argo

We are a multi-talented, dynamic team of mining and blockchain network experts, technologists, entrepreneurs, and engineers from all walks of life.  Our mission is centred on running an efficient mining infrastructure that supports the continued growth, innovation, and function of the world’s top blockchain networks. 

Understanding
Crypto
 

Cryptocurrencies are the future of money and are poised to revolutionize our global economy.  Their universal access allows anyone with an internet connection to utilize the power of this innovative technology.  The full implications of decentralized currencies remain to be seen, but Argo is prepared to adapt and be a major player in this industry for decades to come.
 

Crypto
Mining
And there's this! news.bitcoin.com/argo-repor... Infrastructure expansion adds to attractions Argo's total mining capacity currently stands at 16,000 machines and 645 petahash in addition to 280 Megasols of equihash mining capacity. Capacity is expected to grow significantly in February next year following a lease order for 4,500 state-of-the-art Bitmain Antminer S19 and S19 Pro miners.
 

Cryptocurrency mining is the process of verifying transactions and adding new blocks to a blockchain ledger.  Each new block of transactions has a complex mathematical hash function associated with it that requires significant computing power to solve.  The miner who solves the function first receives a Bitcoin reward for supporting the network and adding a new block to the blockchain.  A higher mining hashrate corresponds to increased mining success.

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