Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

Argo launches new crypto-mining service for mainstream consumers

Tradingene hails signing with BCT, ‘The Bloomberg for Crypto’

Launch is timed with a flotation on the London Stock Exchange to raise new money for growth

Low-cost subscription service aims to fulfil global demand for mining

London, UK:  Argo, a UK-Canadian venture, is set to transform crypto-mining with the launch today of a new low-cost, flexible and easy-to-use service for users.

The service is aimed at addressing pent-up demand from users who want to benefit from mining digital currencies but have been put-off by its complexity and significant up-front cost.

The company’s solution is mining-as-a-service (MaaS), which enables users to commence crypto-mining without the need to have significant computing expertise or acquire complex and expensive hardware and have the frustration of setting up their own systems.  Users can start mining for digital currencies within minutes of accessing Argo’s website on a mobile phone or computer.

The launch comes as the company separately announced plans for a flotation on the London Stock Exchange to raise substantial new money to drive its expansion.

Using state-of-the-art computing hardware and mining software, the Argo platform also saves time and vastly improves user-experience.

Argo’s system was developed by a team of experienced technology experts including its co-founders Jonathan Bixby and Mike Edwards.

Mr Bixby said: “We have launched this service to take the pain and heartache out of participating in the biggest new technology breakthrough since the launch of the internet.”

Mr Edwards said: “Setting up a computer rig to mine cryptocurrency is challenging, inefficient and expensive. I knew that we had to change the game and democratise the process so that crypto-mining could become a mainstream consumer activity.”

The service is available to adults with a credit card for an introductory subscription fee as low as US$25 (£18) per month. Users have a choice to mine four digital currencies: Bitcoin Gold, Ethereum, Ethereum Classic and Zcash. Miners choose contracts on a monthly renewable basis.

Argo is headquartered in London, UK, with its initial data centre located in Quebec, Canada.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post