Argo Blockchain plc American Depositary Shares (ARBK)

Overview

Argo Blockchain plc is a prominent player in the cryptocurrency industry, primarily focusing on bitcoin and other cryptocurrencies mining operations globally. The company specializes in utilizing purpose-built computers designed to solve complex cryptographic algorithms, which is a critical process in the mining of cryptocurrencies. Originally founded as GoSun Blockchain Limited, the company underwent a rebranding in December 2017 to become Argo Blockchain plc. With its incorporation in 2017 and headquarters located in London, the United Kingdom, Argo Blockchain has quickly established itself as a key entity in the crypto-mining sector.

Products and Services

• Cryptocurrency Mining

Argo Blockchain plc’s core service revolves around the mining of bitcoin and various other cryptocurrencies. Through the deployment of advanced, purpose-built mining computers, the company engages in the validation of transactions and addition of these transactions to the blockchain, effectively generating new cryptocurrency units. This service underscores the technological prowess and operational capability of Argo Blockchain in harnessing computational power for cryptocurrency generation.