Argo Mining as a Software Service Adds Bitcoin (BTC) And Ethereum (ETH) To List
Argo, A UK-Based Provider Of Cryptocurrency Mining services, Has Announced The Launch Of Bitcoin [BTC] On Its Platform From November 1st.
Now, the most popular digital asset will join the likes of ether, Bitcoin Gold, ETC, Zcash, Komodo, and Horizen as part of Argo’s services aimed at aspiring crypto miners who are less tech-savvy. With Bitcoin’s inclusion, the total number of digital currencies supported will be seven.
The choice to offer Bitcoin on the Argo platform was made in acknowledgment to public demand.
Mike Edwards, the company’s co-founder, and the president said the following about Bitcoin’s inclusion:
“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.”
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 capitalization of Bitcoin is $114bn. 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.
In August, Argo became the first crypto-mining service provider to gain admission to the main market of the London Stock Exchange through a standard listing. The venture, which is headquartered in London and runs a datacentre based in Quebec, Canada, raised £25 million following its debut, giving it a valuation of £47 million.
Argo Blockchain plc is a global data center management business that provides a low-cost, flexible and user-friendly platform for the mining of leading cryptocurrencies. Their cloud-based Mining as a Service (MaaS) platform is available at scale on a monthly subscription. The Company's shares are listed on the main market of the London Stock Exchange under the ticker: ARB.