Crypto Miner Argo Diversifies Into Non-Mining Blockchain Business

Posted on by American Coins & Gold

Crypto Miner Argo Diversifies Into Non-Mining Blockchain Business
Bitcoin Miner, Argo Blockchain, is starting a non-mining business unit, called “Argo Labs” to diversify its business and take advantage of other opportunities in the blockchain ecosystem.“We’ve always felt that the blockchain space has more potential than just mining,” said Argo’s CEO Peter Wall in an interview with CoinDesk, adding that the new business unit will be “an in-house innovation arm” for the company.The London based Argo Blockchain has been operating as a publicly listed crypto miner, generating revenue primarily from minting bitcoin and Zcash. Meanwhile, Argo Labs is still a very early stage project, for which a small team…