• bitcoinBitcoin (BTC) $ 89,503.00
  • ethereumEthereum (ETH) $ 2,973.15
  • tetherTether (USDT) $ 0.999143
  • bnbBNB (BNB) $ 887.21
  • xrpXRP (XRP) $ 1.93
  • usd-coinUSDC (USDC) $ 0.999692
  • solanaSolana (SOL) $ 129.12
  • jusdJUSD (JUSD) $ 0.999053
  • tronTRON (TRX) $ 0.300747
  • staked-etherLido Staked Ether (STETH) $ 2,970.76
  • dogecoinDogecoin (DOGE) $ 0.125290
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.03
  • cardanoCardano (ADA) $ 0.361796
  • wrapped-stethWrapped stETH (WSTETH) $ 3,642.50
  • bitcoin-cashBitcoin Cash (BCH) $ 593.48
  • whitebitWhiteBIT Coin (WBT) $ 54.76
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 89,210.00
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,233.53
  • wrapped-eethWrapped eETH (WEETH) $ 3,228.19
  • usdsUSDS (USDS) $ 0.999573
  • moneroMonero (XMR) $ 501.16
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999031
  • chainlinkChainlink (LINK) $ 12.35
  • leo-tokenLEO Token (LEO) $ 8.97
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 89,436.00
  • wethWETH (WETH) $ 2,968.75
  • stellarStellar (XLM) $ 0.212797
  • ethena-usdeEthena USDe (USDE) $ 0.999439
  • zcashZcash (ZEC) $ 362.62
  • suiSui (SUI) $ 1.51
  • canton-networkCanton (CC) $ 0.146388
  • avalanche-2Avalanche (AVAX) $ 12.28
  • litecoinLitecoin (LTC) $ 68.55
  • hyperliquidHyperliquid (HYPE) $ 21.68
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.171070
  • usdt0USDT0 (USDT0) $ 0.998977
  • hedera-hashgraphHedera (HBAR) $ 0.108419
  • shiba-inuShiba Inu (SHIB) $ 0.000008
  • daiDai (DAI) $ 0.999277
  • susdssUSDS (SUSDS) $ 1.09
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.22
  • the-open-networkToncoin (TON) $ 1.55
  • paypal-usdPayPal USD (PYUSD) $ 0.999785
  • crypto-com-chainCronos (CRO) $ 0.091583
  • rainRain (RAIN) $ 0.009846
  • polkadotPolkadot (DOT) $ 1.95
  • usd1-wlfiUSD1 (USD1) $ 0.998699
  • uniswapUniswap (UNI) $ 4.89
  • mantleMantle (MNT) $ 0.878774
  • memecoreMemeCore (M) $ 1.61
  • bitget-tokenBitget Token (BGB) $ 3.67
  • tether-goldTether Gold (XAUT) $ 4,820.13
  • aaveAave (AAVE) $ 158.13
  • bittensorBittensor (TAO) $ 239.33
  • falcon-financeFalcon USD (USDF) $ 0.996165
  • okbOKB (OKB) $ 103.10
  • pepePepe (PEPE) $ 0.000005
  • internet-computerInternet Computer (ICP) $ 3.66
  • nearNEAR Protocol (NEAR) $ 1.53
  • pax-goldPAX Gold (PAXG) $ 4,835.39
  • jito-staked-solJito Staked SOL (JITOSOL) $ 162.19
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,971.25
  • ethereum-classicEthereum Classic (ETC) $ 11.54
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • ondo-financeOndo (ONDO) $ 0.340443
  • htx-daoHTX DAO (HTX) $ 0.000002
  • global-dollarGlobal Dollar (USDG) $ 0.999847
  • hashnote-usycCircle USYC (USYC) $ 1.11
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,152.51
  • pi-networkPi Network (PI) $ 0.185443
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.63
  • pump-funPump.fun (PUMP) $ 0.002555
  • skySky (SKY) $ 0.065573
  • aster-2Aster (ASTER) $ 0.611364
  • kucoin-sharesKuCoin (KCS) $ 10.73
  • binance-staked-solBinance Staked SOL (BNSOL) $ 141.37
  • ethenaEthena (ENA) $ 0.176148
  • ripple-usdRipple USD (RLUSD) $ 0.999932
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.132152
  • hash-2Provenance Blockchain (HASH) $ 0.025262
  • bfusdBFUSD (BFUSD) $ 0.998970
  • wbnbWrapped BNB (WBNB) $ 886.83
  • worldcoin-wldWorldcoin (WLD) $ 0.474586
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999729
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.15
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,432.19
  • aptosAptos (APT) $ 1.56
  • cosmosCosmos Hub (ATOM) $ 2.37
  • gatechain-tokenGate (GT) $ 9.89
  • usddUSDD (USDD) $ 0.999409
  • myx-financeMYX Finance (MYX) $ 5.77
  • kaspaKaspa (KAS) $ 0.040451
  • algorandAlgorand (ALGO) $ 0.117826
  • arbitrumArbitrum (ARB) $ 0.178777
  • render-tokenRender (RENDER) $ 2.01
  • filecoinFilecoin (FIL) $ 1.34
  • ignition-fbtcFunction FBTC (FBTC) $ 89,236.00
  • riverRiver (RIVER) $ 49.91
  • official-trumpOfficial Trump (TRUMP) $ 4.86
  • midnight-3Midnight (NIGHT) $ 0.058106
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 89,555.00
  • nexoNEXO (NEXO) $ 0.924210
  • vechainVeChain (VET) $ 0.010288
  • story-2Story (IP) $ 2.47
  • usdtbUSDtb (USDTB) $ 0.999320
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,220.67
  • flare-networksFlare (FLR) $ 0.010090
  • bridged-usdc-polygon-pos-bridgePolygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999691
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,212.71
  • dashDash (DASH) $ 65.89
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 89,240.00
  • bonkBonk (BONK) $ 0.000009
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.97
  • syrupusdtsyrupUSDT (SYRUPUSDT) $ 1.11
  • wrappedm-by-m0WrappedM by M0 (WM) $ 0.999856
  • xdce-crowd-saleXDC Network (XDC) $ 0.040279
  • ousgOUSG (OUSG) $ 114.04
  • janus-henderson-anemoy-aaa-clo-fundJanus Henderson Anemoy AAA CLO Fund (JAAA) $ 1.02
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 89,258.00
  • sei-networkSei (SEI) $ 0.108193
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.11
  • clbtcclBTC (CLBTC) $ 89,204.00
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,161.57
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,173.38
  • beldexBeldex (BDX) $ 0.086268
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.94
  • usdaiUSDai (USDAI) $ 0.999332
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,969.30
  • morphoMorpho (MORPHO) $ 1.19
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 150.34
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999766
  • binance-peg-xrpBinance-Peg XRP (XRP) $ 1.93
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.009880
  • tezosTezos (XTZ) $ 0.579766
  • jupiter-exchange-solanaJupiter (JUP) $ 0.193235
  • eutblSpiko EU T-Bills Money Market Fund (EUTBL) $ 1.23
  • optimismOptimism (OP) $ 0.309852
  • wrapped-flareWrapped Flare (WFLR) $ 0.010102
  • usual-usdUsual USD (USD0) $ 0.998081
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,968.77
  • blockstackStacks (STX) $ 0.318379
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.238535
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.832182
  • curve-dao-tokenCurve DAO (CRV) $ 0.362160
  • tbtctBTC (TBTC) $ 89,113.00
  • chilizChiliz (CHZ) $ 0.051577
  • c8ntinuumc8ntinuum (CTM) $ 0.119530
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998391
  • a7a5A7A5 (A7A5) $ 0.012892
  • ghoGHO (GHO) $ 0.999626
  • true-usdTrueUSD (TUSD) $ 0.998809
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 21.89
  • janus-henderson-anemoy-treasury-fundJanus Henderson Anemoy Treasury Fund (JTRSY) $ 1.09
  • gtethGTETH (GTETH) $ 2,967.48
  • fasttokenFasttoken (FTN) $ 1.09
  • injective-protocolInjective (INJ) $ 4.61
  • lighterLighter (LIT) $ 1.80
  • lido-daoLido DAO (LDO) $ 0.526032
  • msolMarinade Staked SOL (MSOL) $ 174.80
  • aerodrome-financeAerodrome Finance (AERO) $ 0.481725
  • doublezeroDoubleZero (2Z) $ 0.125598
  • ether-fi-liquid-ethEther.Fi Liquid ETH (LIQUIDETH) $ 3,194.09
  • steakhouse-usdc-morpho-vaultSteakhouse USDC Morpho Vault (STEAKUSDC) $ 1.12
  • ether-fiEther.fi (ETHFI) $ 0.602405
  • shmeegusShmeegus (SHMEEGUS) $ 0.411076
  • the-sandboxThe Sandbox (SAND) $ 0.157686
  • axie-infinityAxie Infinity (AXS) $ 2.53
  • flokiFLOKI (FLOKI) $ 0.000043
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,325.91
  • newton-projectAB (AB) $ 0.004255
  • cap-usdCap USD (CUSD) $ 0.969991
  • telcoinTelcoin (TEL) $ 0.004338
  • stader-ethxStader ETHx (ETHX) $ 3,205.50
  • sun-tokenSun Token (SUN) $ 0.021383
  • starknetStarknet (STRK) $ 0.078468
  • sbtc-2sBTC (SBTC) $ 88,832.00
  • spx6900SPX6900 (SPX) $ 0.437517
  • usdbUSDB (USDB) $ 0.997619
  • celestiaCelestia (TIA) $ 0.464088
  • pippinpippin (PIPPIN) $ 0.399856
  • syrupMaple Finance (SYRUP) $ 0.342419
  • bittorrentBitTorrent (BTT) $ 0.00000040
  • staked-aaveStaked Aave (STKAAVE) $ 157.64
  • the-graphThe Graph (GRT) $ 0.036427
  • layerzeroLayerZero (ZRO) $ 1.92
  • wrapped-apecoinWrapped ApeCoin (WAPE) $ 0.191954
  • justJUST (JST) $ 0.043452
  • iotaIOTA (IOTA) $ 0.088647
  • resolv-usrResolv USR (USR) $ 0.999730
  • kinesis-goldKinesis Gold (KAU) $ 154.61
  • resolv-wstusrResolv wstUSR (WSTUSR) $ 1.13
  • conflux-tokenConflux (CFX) $ 0.070562
  • gnosisGnosis (GNO) $ 136.93
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.864564
  • bitcoin-svBitcoin SV (BSV) $ 18.03
  • jasmycoinJasmyCoin (JASMY) $ 0.007253
  • pendlePendle (PENDLE) $ 2.11
  • crvusdcrvUSD (CRVUSD) $ 0.998400
  • decredDecred (DCR) $ 20.67
  • euro-coinEURC (EURC) $ 1.17
Mining

Argo Blockchain CEO resigns due to financial struggles

By admin
0 174

Argo Blockchain CEO resigns due to financial struggles

Bitcoin miner Argo Blockchain announced a CEO departure and interim leadership changes.

Argo Blockchain, the British dual-listed Bitcoin (BTC) mining company, has revealed that CEO Thomas Chippas will step down from his role and board position, effective Feb. 28.

CFO Jim MacCallum will step in as interim CEO while the company conducts a search for a permanent successor.

Chippas, who joined Argo in November 2023, led several financial improvements during his tenure. These included the early repayment of the company’s Galaxy loan and strengthening its balance sheet.

You might also like: NYSE listings chief anticipates crypto IPO surge

Argo’s heavy losses

Despite these initiatives, Argo continues to face significant challenges. According to FinanceMagnates, the company reported a $6.3 million net loss in Q3 2024, with revenue falling 28% year over year to $7.5 million.

Our December operational update is out:

?Mined 39 Bitcoin in December.

?Daily production was 1.3 Bitcoin per day consistent with November.

?Mining revenue of $3.9 million, an increase from $3.4 million in November.

?We are currently evaluating alternative site options to…

— Argo (@ArgoBlockchain) January 7, 2025

In December, Argo raised $5.3 million through a share subscription to support strategic initiatives. These included relocating or selling mining equipment from its Helios facility in Texas and maintaining operations in Quebec, Canada.

The company’s latest mining report highlights stagnant production, with 39 Bitcoin mined in December — the same figure as November — marking a five-month low.

You might also like: SOON raises $22m through NFT sale ahead of L2 mainnet

Source

admin 17298 posts 0 comments
You might also like More from author

Leave A Reply

Your email address will not be published.