ARGO Blockchain Shares Are The Most Traded By Fidelity Customers

The Argo blockchain shares are the most traded by Fidelity customers as the company showed reports over the past 12 months so let’s find out more in today’s blockchain news.

The Argo Blockchain shares surpassed the trading of Lloyds Banking Group to become one of the stocks that are most actively traded by Fidelity customers. The Financial Services company reported that over the past 12 months the customers will be the most interested in the shares of Argo Blockchain. Fidelity said that Argo Blockchain ranked third five stocks as the most actively traded by the customers in 2021 as the owners were Rolls Royce, British Airways owner International Consolidated Airlines, and Lloyds Banking Group. Argo that Fidelity described as a trending stock ranked third among other stocks that were traded by the Self-Invested Personal Pensions.

 

The financial services company noted that Argo may not make the top five next year and according to Fidelity, the new arrivals are knocking the mining company off the actively traded stocks list in December including the Coronavirus test manufacturer Genedrive and engineering company Smiths Group. One of the first mining companies to be listed on the London Stock Exchange was Argo Blockchain and it has since expanded its operations. Argo became more accessible to the investors via a public listing on NASDAQ. The company is working on a 320-acre land plot facility and aims to bring access to up to 800 megawatts of electrical power to mine BTC.

According to the data from the website, Argo’s facilities in North America are using 45 MW of electricity and generate more than 1.6 exahashes per second of BTC. The company also generated 1,831 BTC and held 2,317 BTC or its equivalent at the time of writing. The shares of Argo are now trading on the London Stock Exchange at a price of $130.10 as it dropped by more than 65% since reaching a high near $380.96.

Helios Update!

Our Head of Design & Construction, Matt Nackino, walks us through an update of where things are at with our Helios facility build. #ARB $ARBK pic.twitter.com/cdzzcd9v4b

— Argo (@ArgoBlockchain) December 20, 2021

As recently reported, ARGO’s mining revenue increased about 15% to $11 million back in November as it increased its mining capacity. The London-based company mined 185 BTC or BTC equivalent up from 167 in October with a total production for 2021 is 1831 the company announced. The mining capacity grew by 310 petahash per second to 160 exahash per second as of the end of November. Argo Blockchain is the only crypto miner listed on the London Stock Exchange as it started trading on the Nasdaq Global market in September and the London shares were trading about 5% higher at publication time.