Page 25 - Peter Wall News Today

Cryptocurrency Mining Company Argo Blockchain Generates Record Revenue in April Argo Blockchain, a global leader in cryptocurrency mining (LSE: ARB) (OTCQX: ARBKF) today announced it has mined 163 Bitcoin or Bitcoin Equivalent (together, "BTC") in April compared to 165 BTC in March. At the end of April, the company held 936 BTC. Based on daily foreign exchange rates and cryptocurrency prices during the month, mining revenue in April amounted to $9.3 million compared to $9.1 million in March 202...

Article content There were so many people in Aylmer’s Church of God (Restoration) that Pastor Henry Hildebrandt told everyone to “squeeze in” to allow more people to have a seat. That was likely enough for Superior Court Justice Bruce Thomas to find the renegade church and its minister in contempt of an interim order made in February under the Reopening Ontario Act to comply with the emergency rules concerning indoor gatherings. We apologize, but this video has failed to load. Try refresh...

How Texas Is Becoming A Mecca For Bitcoin Miners Access to unique power sources and friendly regulations are driving bitcoin mining companies to set up shop in Texas. Author: May 4, 2021 Access to unique power sources and friendly regulations are driving bitcoin mining companies to set up shop in Texas. Texas might seem like an unlikely mecca for large scale bitcoin mining operations. Although energy prices in Texas are relatively cheap — a big draw for miners — the state’s reserve margin...

Article content Found in contempt of court Friday for flouting COVID-19 rules, a provocative Southwestern Ontario pastor was thankful his church wasn’t locked by authorities, but isn’t backing down, insisting “we must be bold for God.” Last weekend’s indoor gathering at the Church of God in Aylmer led to the contempt findings in court in St. Thomas against Pastor Henry Hildebrandt, his assistant pastor and the corporation. We apologize, but this video has failed to load. Try refreshi...

Article content “GREAT news!” Sloan tweeted: “A judge has refused Ontario ATT. Gen’s motion to lock down Aylmer’s Church of God today!” Earlier Friday, Superior Court Justice Bruce Thomas made the ruling in a St. Thomas court against Hildebrandt, assistant pastor Peter Wall and the Church of God (Restoration) corporation for defying a court injunction slapped on the church in February. With the case still before the court, all eyes will now be on what happens this weekend at the chu...

120% revenue and 5 times EBITDA growth delivers first annual profit Argo Blockchain Plc, a global leader in cryptocurrency mining (LSE: ARB), is pleased to announce its audited results for the year ended 31 December 2020. Financial Revenue increased by 120% to £19.0m (2019: £8.6m) Total number of Bitcoins mined rose from 1,330 in 2019 to 2,465 in 2020, an 85% increase in annual production Mining margin 41% (2019: 60%) despite challenging market conditions, including Bitcoin halving in May 202...

Argo Blockchain swings into profit as it crosses major inflexion point in 2020 The crypto miner reported a 120% jump in revenues during the year, adding that all of its mining machines have now achieved over 100% return on investment Argo Blockchain PLC (LON:ARB) swung into profit in 2020 as the cryptocurrency miner said it had crossed “a major inflexion point” during the year amid a surge in revenues. In its results for the year to December 31, 2020, the company reported a net profit of £...

Argo Blockchain report best in class results with focus on growing intelligently in 2021 Argo Blockchain PLCs (LON:ARB) Peter Wall catches up with Proactive Londons Katie Pilbeam after swinging into profit in 2020 with a surge in revenues. In its results for the year to December 31, 2020, the company reported a net profit of £1.7mln compared to a £0.7mln loss in 2019 as revenues jumped 120% to £19mln. Speaking to Pilbeam, Wall says the goals for us were to be leaner and smarter and weve now ...

In a banner year for cryptocurrencies (so far), not all of the news is going to be good. As Bitcoin and other digital coins have soared in value since January, the toll they are taking on planet Earth has garnered far more attention. High-profile Bitcoin supporters have come out in force to defend their favourite cryptocurrency.  A report published last week – sponsored by Tesla Inc’s Elon Musk, Square Inc’s Jack Dorsey, and ARK’s Cathie Wood, one of Wall Street’s hottest investment ...

News Legislators in the United Kingdom have asked for greater regulatory powers to combat the rise of financial “greenwashing” — a deceptive practice where a company overstates or fabricates the extent of its green energy usage. A report by the House of Commons cross-party Treasury Committee urges the U.K. government to sharpen its definition of environmentally conscious investments and to consult on the prospect of attaching “green labels” to financial products. The report notes th...