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Argo Blockchain raises $57.5 million in debt funding

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British mining company Argo Blockchain intends to raise $ 57.5 million through the placement of debt securities in the US. According to the form filed with the SEC, Argo will offer a subscription for senior bonds with a coupon rate of 8.75% and maturity on November 30, 2026. The minimum par value...

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Argo Blockchain revenue grows by 180%

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For the first half of 2021, public mining company Argo Blockchain earned £ 31.1 million in revenue, 180% more than in the same period last year, the firm said in its statement of financial results. Argo’s earnings before depreciation, interest and direct taxes (EBITDA) increased 332% to £ 16...

Argo

Argo Blockchain got green data centers for mining in Canada

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Argo Blockchain has bought two data centers in the Canadian province of Quebec. The facilities previously owned by GPU.one are using the power of the local hydroelectric power plant. The total capacity of the data centers is 20 MW. They already house "a significant portion" of the Argo...

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