The First Crypto Firm listed by London Stock Exchange

London-headquartered Argo Blockchain has gained the approval from London Stock Exchange to list its stocks on the exchange
11 June 2018   2834

Argo Blockchain is a cloud-based crypto mining company that operates on a subscription-based model. It bgan its business last year considering the increasing difficulty in the mining cryptocurrencies because of the involvement of ASICS and big mining players. The company’s operations are based in Canada’s Quebec province and also is to extend its base to Iceland and China.

Crypto mining enthusiasts can mine any of the 4 cryptocurrency options - Bitcoin Gold, Ethereum, Ethereum Classic, and Zcash - provided by the company remotely on its mining rigs. This is a huge plus for the blockchain-built companies as this will be the first crypto organization to get listed on the London Stock Exchange.

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.
Mike Edwards
Co-Founder, Argo 

Argo is aimed to charge clients $25 or £18 a month for the mining activity. Nevertheless, it is not planning to establish a separate mining pool and will stick to the existing ones. Also, it will not support any digital tokens for its users and will limit one contract at a time for each customer.

Poloniex Wants to be Tron Super Representative

If the exchange will be elacted, it will be able to participate in the distribution of awards for one and a half million TRX daily
18 November 2019   67

The Poloniex cryptocurrency exchange this Monday announced the nomination of its candidacy for the role of validator in the blockchain project system TRON.

If successful, the exchange will be able to participate in the distribution of awards for one and a half million TRX daily. At the time of publication, she ranks 92nd in the general list of candidates with 32,626 votes, while the last super-representative in the 27th position has 262,320,639 of them.

Some time before, Poloniex opened several trading pairs for the TRX exchange and announced an official collaboration with Justin Sun's project.