ARBK Stock Recent News

Argo Blockchain said it held 85 bitcoin or bitcoin equivalent at the end of the first quarter and expects to increase its hashrate to 2.8EH/s. “Moving forward, Argo expects to receive and install "BlockMiner" machines later this year at its Quebec facilities.

Here is how Argo Blockchain PLC Sponsored ADR (ARBK) and Brown & Brown (BRO) have performed compared to their sector so far this year.

Here is how Argo Blockchain PLC Sponsored ADR (ARBK) and Brink's (BCO) have performed compared to their sector so far this year.

London-listed bitcoin mining company Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK, ETR:0XP) mined 144 bitcoin or bitcoin equivalents in April, averaging 4.8 BTC per day. This was a decrease of 8% compared to March yields, primarily driven by an 8% sequential increase in the average network difficulty during the month of April.

Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK, ETR:0XP) mined 2,156 bitcoin or bitcoin equivalent (BTC) during the 2022 financial year, a 5% increase compared to 2021, per the London-listed company's Friday earnings call. Mining operations generated £47.4mln ($58.6 million) in revenue, a decrease of 36% from 2021 due to the bitcoin bear market, an increase in global hashrate and network difficulty level, and surging energy costs.

London-listed cryptocurrency miner Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK, ETR:0XP) has confirmed that neither Argo Blockchain, nor any of its subsidiaries, had any exposure to the collapse of either Silvergate Bank or Silicon Valley Bank. A subsidiary of Argo held a portion of its operating funds in cash deposits at Signature Bank in New York, which were secure and available for use as of Monday, March 13.

London-listed cryptocurrency miner Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK, ETR:0XP) mined 162 bitcoin or bitcoin equivalents (together, BTC) in February, resulting in a 7% daily increase compared to December 2022. Argo was able to achieve this increase in daily BTC production despite a 10% increase in average network difficulty in February compared to the prior month.

Peter Wall is stepping down as Argo Blockchain's CEO and interim chairman to “pursue other opportunities,” the bitcoin miner announced in a press release today.

London-listed cryptocurrency miner Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK, ETR:0XP) has announced that Peter Wall will step down from his positions as chief executive and interim chairman to pursue other opportunities.  The board has appointed chief financial officer Seif El-Bakly as interim chief executive, while Matthew Shaw has been appointed as chairman of the board.

Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK, ETR:0XP) mined 168 Bitcoin or Bitcoin Equivalents (together, BTC) in January, a month-on-month increase of 14%, according to the London-listed cryptocurrency mining company's latest update. The increase in BTC mined was primarily due to fewer curtailment hours in January compared to December, when a severe winter storm impacted much of the United States, though this was partially offset by a 3% higher network difficulty compared to December 2022.