Publicly Listed UK Mining Firm Revises Second Quarter Estimates

London Stock Exchange listed cryptocurrency mining firm Argo Blockchain have revised earnings estimates for the second quarter. The estimates were revised in light of recent price increases resulting in more lucrative conditions for bitcoin miners. The firm expects to generate 420 bitcoin worth of cryptocurrencies in assets this quarter. The share price increased to reflect the news and closed trading yesterday at £6.79 which indicates a market capitalization of £15.42 million.

Source: CoinDesk