First Crypto Mining Blockchain Company to be Listed on London Stock Exchange

First-Crypto-Mining-Blockchain-Company-to-be-Listed-on-London-stock-exchange

Argo Blockchain, will soon become the first blockchain company to be listed on the London Stock Exchange as reported by Business Insider on June 11.

The cryptocurrency mining outfit launched its subscription service for mining contracts following a $2.5 million IPO funding round that it completed in January of this year.

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Argo stated that they intend to “democratize” the crypto mining landscape. Their  altcoins (Bitcoin Gold, Ethereum, Ethereum Classic, Zcash) would be included in their mining process by renting computer power from an eco-friendly facility in Québec.

Over 90% of crypto mining are done on an industrial scale via the due to the fact that it’s very technically difficult. It’s incredibly expensive to buy the hardware you need at $5000 per machine in order to him in order to facilitate the process.

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