Argo Blockchain raises $32 million

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4 months ago
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According to The Telegraph, mining company Argo Blockchain PLC is the first blockchain-based firm to join the London Stock Exchange, raising about $32 million.

Argo allows users to mine four cryptos — Bitcoin Gold, Ethereum, Ethereum Classic, and Zcash —with their own gadgets for a monthly subscription fee. The users have access to Argo’s mining rigs and are able to direct deposits of mined coins to their crypto wallets.

Argo plans to create an international data center management business for helping in crypto mining as a service (MaaS), according to their LSE document.

As previously reported, one of the the largest Bitcoin mining hardware suppliers Canaan Creative launched world’s first BTC mining TV set with a processing power of around 2.8 trillion hashes per second.