Argo Blockchain raises $32mn in London Stock Exchange first

Argo Blockchain is the first cryptomining service provider on the main market of the London Stock Exchange, raising £25 million (USD$32mn). The fundraising puts the value of the company at $61 million and will be used to expand its services and fund growth.

Based in the UK, Argo operates a global data center providing a service for the mining of cryptocurrencies. Its cloud-based mining as a Service (Maas) platform is available at scale to anyone, anywhere in the world on a monthly subscription. Consumers with little or no technical knowledge of cryptomining, computing expertise or the required complex hardware can mine Bitcoin Gold, Ethereum, Ethereum Classic and Zcash.

Read the full release

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