Argo launches Bitcoin on its mining platform

Argo launches Bitcoin on its mining platform
11.10.2018 09:35 am

Argo launches Bitcoin on its mining platform

Blockchain , Bitcoins

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 tenfold 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.” 

Related News

Oracle Blockchain Helps Czech Financial Firm, SDK.finance, Transform Payment Industry

SDK.finance is using Oracle Blockchain Platform to help the company transform the... Read more »

Fintech, banks: Spunta Project, the sector’s blockchain moves on to pre-production

Spunta Project, a blockchain-based application for interbank reconciliations, has passed several tests and moves onto the pre-production phase. As of today, 18 banks,... Read more »

London’s Blockchain Conference; Blockchain Expo Global Exhibition announces expert speakers

Blockchain Expo, has today announced key expert speakers at the Global conference, Olympia London, 25-26 April 2019. An... Read more »

ING, Santander, Barclays, Société Générale, Nordea & we.trade Join Blockchain for Finance Workshop in London

Part of the larger RBI EU Digital Banking Conference, FinTech Network will host the BFC Workshop which will bring together a blend of experts who are driving the blockchain... Read more »

LC Lite launches to replace Letters of Credit with smart contracts

LC LITE is the first blockchain-based platform connecting trade parties directly via a digital solution for cross-border trade transactions requiring Letters of Credit. 

... Read more »

WiV brings the blockchain to fine wine trading

WiV, a trading platform for fine wines, has confirmed that it will be ready for launch in mid-2019. It is already offering pre-launch services to producers, merchants,... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App