LONDON–(BUSINESS WIRE)–Argo, a UK-based provider of cryptocurrency mining services, is pleased
to announce the launch of Bitcoin, the world’s largest cryptocurrency,
on its platform from 1st of November 2018.
The move comes in response to consumer demand and will increase the
total number of cryptocurrencies available for mining by subscribers to
seven. The current market capitalisation of Bitcoin is $114bn.
Argo’s customers are currently able to mine Bitcoin Gold, Ethereum,
Ethereum Classic, Zcash, Komodo and Horizen through its monthly
subscription, cloud-based mining-as-a-software service.
The addition of Bitcoin follows the successful expansion of Argo’s
mining platform and a ten-fold increase in its sold packages to 4,200,
marking the first significant ramp-up of the company’s revenues since
its Initial Public Offering in August of 2018.
“We are delighted to announce the addition of Bitcoin to our platform.
This is yet another step towards Argo’s long-term goal to become the
leading global provider of easy-to-use and transparent crypto-mining
services for the general public” said Mike Edwards, president and
co-founder of Argo.
“We have seen strong demand for Bitcoin and our growth strategy is
customer-led. We look forward to offering even more choice as demand
grows and we invest in our platform.”
Argo Blockchain plc is a global data centre management business that
provides a low-cost, flexible and user-friendly platform for the mining
of leading cryptocurrencies. Our cloud-based Mining as a Service (MaaS)
platform is available at scale on a monthly subscription. Our platform
provides consumers without significant computing expertise or complex
and expensive hardware with the opportunity to mine Bitcoin Gold,
Ethereum, Ethereum Classic, Zcash, Horizen and Komodo. From November 1st
Bitcoin will also be available through the platform. Argo is
headquartered in London, UK and operates state-of-the art data centres
in Quebec, Canada. The Company’s shares are listed on the main market of
London Stock Exchange under the ticker: ARB.