• News
    • Bitcoin
    • Altcoins
  • NFT
  • Metaverse
  • Analysis
  • Regulation
  • Learn
  • Market Cap
What's Hot

Animoca Denies $200M Metaverse Fund Cut

2023-03-27

Coinbase Chief Legal Officer Says SEC’s Wells Notice a Massive Overreach on Part of Regulator

2023-03-26

US Prosecutors Slam Terra (LUNA) Founder Do Kwon With Eight Counts of Fraud for 2022 Crypto Collapse

2023-03-26
Facebook Twitter Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
Facebook TikTok Instagram YouTube
CryptoNewsMetaverse
  • News
    • Bitcoin
    • Altcoins
  • NFT

    U.S. IRS Considers Taxing NFTs Like Other Collectibles

    2023-03-21

    Meta Shuts Down NFT Project to Focus on FinTech and Content

    2023-03-14

    Solana’s Solend V2 Release, Is SOL Price $50 Next?

    2023-03-06

    Amazon NFT Marketplace To Reportedly Launch Next Month

    2023-03-06

    Blur Coin Under Fire As Allegations Of Wash Trading Emerge

    2023-03-01
  • Metaverse

    Animoca Denies $200M Metaverse Fund Cut

    2023-03-27

    Metaverse Trading Hits All-Time High

    2023-03-24

    Exploring the Metaverse: A Guide to Investing in Metaverse Stocks

    2023-03-20

    A Guide to Virtual Land Staking in the Metaverse

    2023-03-20

    Nissan Doubles Down on Web3 Innovation

    2023-03-13
  • Analysis

    DOJ Officially Seizes Over $456,000,000 Worth of Robinhood Shares Tied to FTX Founder Sam Bankman-Fried

    2023-01-08

    Mark Cuban Makes Prediction on Next Crypto ‘Scandal,’ Warns of Potential Implosion if Exposed: Report

    2023-01-08

    Binance Listings Cause Crypto Assets To Spike an Average of 41%: New Research

    2023-01-08

    Bitcoin Whales Unloaded BTC As Market Reversed and Parked Their Profits in This Crypto Asset Class: Santiment

    2023-01-07

    Crypto Analyst Predicts Breakout for AI-Focused Altcoin, Updates Outlook on Ethereum and Lido DAO

    2023-01-07
  • Regulation

    Coinbase Chief Legal Officer Says SEC’s Wells Notice a Massive Overreach on Part of Regulator

    2023-03-26

    US Prosecutors Slam Terra (LUNA) Founder Do Kwon With Eight Counts of Fraud for 2022 Crypto Collapse

    2023-03-26

    Crypto Analyst Nicholas Merten Says Fed Money Printing Won’t Spark New Bitcoin (BTC) Rally – Here’s Why

    2023-03-26

    Bitcoin and Ethereum Investors Are Not Flinching, US Pressure on Crypto Will Backfire: Chris Burniske

    2023-03-26

    Billionaire Chamath Palihapitiya Predicts Corrosion of the Economy, Says Fed Rate Hike Could Cause Real Damage

    2023-03-26
  • Learn

    Chart Patterns Cheat Sheet For Technical Analysis

    2023-03-21

    Best NFT Wallets in 2023

    2023-03-21

    What are Dapps (Decentralized Applications) Crypto?

    2023-03-17

    How to Short Sell Bitcoin

    2023-03-17

    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    2023-03-15
  • Market Cap
CryptoNewsMetaverse
Home»Bitcoin»Bitcoin Mining Firm Suspends Trading Temporarily
Bitcoin

Bitcoin Mining Firm Suspends Trading Temporarily

2022-12-27No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Agro Blockchain, a bitcoin mining firm, based out of London has announced that it will resume its operation on 28 December, Wednesday.

The company stated that it had requested the suspension of trading with the U.S. for 24 hours as the London Stock Exchange is closed on 27 December, Tuesday.

Earlier this month, on 12 December, this bitcoin mining firm announced in a filing to the London Stock Exchange, that it is not filing for bankruptcy as of now, and restructuring itself. It stated that the company is in the stage of advanced negotiations to sell its assets and reduce liquidity. However, the firm mentioned that it cannot give any guarantee of the same.

What is Agro?

With an emphasis on industrial-scale cryptocurrency mining, Argo Blockchain plc is a blockchain technology business with dual listings ARBK and NASDAQ. Argo’s global, sustainable operations, which include its main mining plant in Texas and headquarters in the US, Canada, and the UK, are primarily powered by renewable energy. Argo joined the Crypto Climate Accord in 2021 and became the first cryptocurrency mining firm to be climate-positive. Through its Argo Labs subsidiary, Argo also takes part in a number of Web 3.0, DeFi, and GameFi projects, significantly advancing both its commercial operations and the growth of the cryptocurrency markets.

Also read: Bitcoin Volatility Hits An All Time Low; BTC To Rise Soon?

The situation of bitcoin miners

The price of bitcoin is falling and doesn’t appear to be significantly recovering any time soon. In addition, throughout the coming year, the hash rate and difficulty of bitcoin mining will both continue to rise. Bitcoin mining profits will continue to decline if the coin’s price stays the same or declines further and the hash rate rises even slightly in the upcoming year.

However, miners with cash on hand and low-cost operations have the opportunity to profit from the slump.

The bear market will present value-seeking investors with an excellent opportunity to buy cheap shares of well-run miners. The coming year will be a turning point for the North American bitcoin mining industry, distinguishing the long-term players from the mediocre operators who entered when the going was good but were unprepared for the harsh realities of a down market.

Shourya mainly reports on Cryptocurrency Prices, NFTs and Metaverse. Graduated and post graduated in Journalism, she always wanted to be in business field. Connect with her at [email protected] or tweet at Shourya_Jha7

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

Source link

Bitcoin Firm mining suspends temporarily Trading
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Crypto Analyst Nicholas Merten Says Fed Money Printing Won’t Spark New Bitcoin (BTC) Rally – Here’s Why

2023-03-26

Bitcoin and Ethereum Investors Are Not Flinching, US Pressure on Crypto Will Backfire: Chris Burniske

2023-03-26

Bitwise CIO sees ‘no path forward’ for spot Bitcoin ETF

2023-03-25

Metaverse Trading Hits All-Time High

2023-03-24
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Axie Infinity’s August NFT performance ushers in this fatality

2022-09-02

Bitcoin Demand on Coinbase Stacked, Flashing March 2020 Bottom Vibes, According to Popular On-Chain Analyst

2022-08-10

Bybit is Reportedly Looking to Reduce its Workforce by 20 – 30% as Crypto Winter Bites

2022-06-20

Subscribe to Updates

Get the latest news and Update from Cryptonewsmetaverse.com about Crypto, Metaverse and NFT.

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, NFT, Metaverse and more.

We're social. Connect with us:

Facebook Instagram YouTube TikTok
Top Insights

Animoca Denies $200M Metaverse Fund Cut

2023-03-27

Coinbase Chief Legal Officer Says SEC’s Wells Notice a Massive Overreach on Part of Regulator

2023-03-26

US Prosecutors Slam Terra (LUNA) Founder Do Kwon With Eight Counts of Fraud for 2022 Crypto Collapse

2023-03-26
Get Informed

Subscribe to Updates

Get the latest news and Update from Cryptonewsmetaverse.com about Crypto, Metaverse and NFT.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
© 2023 Cryptonewsmetaverse.com. Designed by ProdigitalX.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$27,841.00-0.39%
  • ethereumEthereum(ETH)$1,763.21-0.86%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.00-0.06%
  • binancecoinBNB(BNB)$328.730.45%
  • usd-coinUSD Coin(USDC)$1.00-0.07%
  • rippleXRP(XRP)$0.4869956.09%
  • cardanoCardano(ADA)$0.356423-1.11%
  • dogecoinDogecoin(DOGE)$0.0753700.22%
  • Lido Staked EtherLido Staked Ether(STETH)$1,759.66-0.83%