London-Listed Argo Blockchain Reports Tenfold Increase in Bitcoin Mining Revenue in 2019
For its first full year of operations, Argo says it generated just over $11 million in revenue
Blockstack disclosed that its $23 million revenue in 2019 came almost entirely from Stacks token sales.
The crypto investment firm says it raised almost as much in Q1 2020 as it did over the whole of 2019.
Bitcoin mining firm Argo Blockchain said an 11-fold increase in revenues shows pivoting away from mining-as-a-service was a good move for the company.
The crypto merchant bank just managed to keep its head above water in 2019, but says profits will likely suffer amid the effects of Covid-19.
Ripple sold $13 million in XRP last quarter – down 80 percent from its Q3 sales of $66.24 million.