Argo launches new crypto-mining service
June 11, 2018

Argo, a UK-Canadian venture, claims that it is set to transform crypto-mining with the launch today of a new low-cost, flexible and easy-to-use service for users. Argo says 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 says its solution is mining-as-a-service (MaaS). This 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. 

It adds that 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.

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

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."

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 democratize the process so that crypto-mining could become a mainstream consumer activity."

Argo says the service is available to adults with a credit card for an introductory subscription fee as low as US$25 per month. Users can 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.

For those with a long-term investment perspective, the move is reminiscent of many a previous gold rush, in which the reliable, repeatable money was made by those supplying miners rather than by the miners themselves.





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Argo, a UK-Canadian venture, claims that it is set to transform crypto-mining with the launch today of a new low-cost, flexible and easy-to-use service for users. Argo says 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 says its solution is mining-as-a-service (MaaS). This 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. 

It adds that 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.

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

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."

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 democratize the process so that crypto-mining could become a mainstream consumer activity."

Argo says the service is available to adults with a credit card for an introductory subscription fee as low as US$25 per month. Users can 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.

For those with a long-term investment perspective, the move is reminiscent of many a previous gold rush, in which the reliable, repeatable money was made by those supplying miners rather than by the miners themselves.



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