The Rise And Fall Of A Superstar In Bitcoin Mining

The world's biggest publicly traded blockchain company. The company's inventory jumped nearly 20% on Thursday after it introduced plans for an preliminary public offering (IPO).

The final time Argos went public become in March 2016 whilst it raised $22 million from traders which includes Block Tower Capital, Digital Currency Group and Lightspeed Venture Partners. It offered an preliminary stake of approximately 10% of its enterprise to the mission companies and others who have been enthusiastic about its capability however cautious of the way lengthy it'd take to supply on its promises.

Argos has because grown into one in every of the most important mining businesses in North America and it stated final 12 months that it had deployed greater than 1 petahash in step with 2d of computing electricity to clear up complicated math troubles on its very own blockchain network.