- Price:
- $1.15
- Open:
- $1.20
- Previous close:
- $1.20
- Day's range:
- $1.13 - $1.20
- Year's range:
- $0.94 - $4.45
- Net Income per Share:
- -0.90
- Price-to-Earnings ratio:
- -1.28
- 52-week Price Range:
- $1.24
- Volume:
- $143,455.00
- Average volume:
- $473,059.00
Company profile for Argo Blockchain plc
Argo Blockchain plc is a mining as a service platform that provides customers with an opportunity to mine a variety of digital coins without the need to own and manage their own hardware, mine in the cloud. Argo Blockchain plc, together with its subsidiaries is engaged in the bitcoin and other cryptocurrencies mining business across the globe.
The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017. Prior to this, the firm had operated as a research and development laboratory for the financial technology sector. It was co-founded by Jonathan Bixby, Mike Edwards and Mike Edwards, and was incorporated in 2017. Argo Blockchain plc is headquartered in London, United Kingdom.
The company was listed on the London Stock Exchange’s (LSE) Main Market in August 2018, making it the first publicly listed Cryptocurrency Mining Company in the world. Argo operates several large-scale mining facilities in Quebec, Canada, and offers customers low-cost access to a virtually unlimited supply of computing power.
The company offers customers with an all-in-one solution designed to make it easier to mine various digital coins, while being environmentally friendly and cost-effective. Its signature product is the ArgoMining cloud-based platform, which is offered as a subscription service and includes access to a range of proprietary mining algorithms. This allows customers to benefit from the company’s expertise in the field of cryptocurrency mining.
In addition to its cloud-based platform, the company also provides customers with access to its network of physical mining rigs, which are located in Quebec. The company has the capacity to host up to 120,000 mining rigs, making it the largest hosting facility of its type in the world. Further to this, the company also provides its customers with access to its innovative blockchain software, which allows them to securely manage their mining operations.
In 2020, Argo Blockchain plc extended its services to include crypto wallet and debit card. The Argo wallet was released to help customers store, buy and sell crypto assets, as well as a debit card linked to the wallet to facilitate payments in fiat currency from crypto holdings. The wallet and debit card products are offered in over 45 countries, with more countries constantly being added.
The company also offers educational services and resources such as a cryptocurrency course, online tutorials, and podcasts to help users better understand the cryptocurrency space. The Argo-hosted Crypto Investment Club provides its members with dedicated research and insight into upcoming ICOs and cryptocurrency projects. Their research team provides updates regular on the market, keeping members up-to-date on the latest news and investment opportunities.
Overall, Argo Blockchain plc is a world leader in the mining as a service market. With its long track record of delivering innovative, secure and cost-effective mining solutions, it continues to be at the forefront of the industry. The company’s customer base is expanding rapidly, with its customer base now covering over 160 countries and territories. With its vast network of mining rigs and proprietary blockchain software, Argo Blockchain plc is well positioned to continue to dominate the mining as a service market.
- Stock exchanges:
- NASDAQ
- Sector:
- Financial Services
- Industries:
- Capital Markets
- Ticker:
- ARBK
- CIK:
- 1841675
- ISIN:
- US0401261047
- Website:
- https://www.argoblockchain.com
- Phone:
- 44 78 8400 3403
- Origin:
- United Kingdom
- Employees:
- 43