London-listed Argo blockchain adds 1,000 miners in bid to salvage stock price
Argo Blockchain, a crypto mining company, claims it will break even in Q2 2019 after purchasing 1,000 Bitmain Z11 miners. Before taxes, the company revealed $5.3 million in losses in 2018 financial disclosures. The firm claims the additions will leave 400 Bitcoin ($BTC) worth $2.3 million on its balance sheet by the end of the quarter. Argo is also considering purchasing another 1,000 mining rigs this summer.
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