Ledger warns about Bitcoin Diamond scam

According to the Twitter of popular hardware wallet manufacturer, "multiple [scam] sites claim to let you collect Bitcoin Diamond"
26 December 2017   4199

The manufacturer of hardware wallets Ledger warned users about fraudulent schemes related to the hard fork of Bitcoin called Diamond (BCD). In particular, they are talking about sites that offer bitcoin holders to get BCD coins.

Bitcoin Diamond is one of the many forks of bitcoin, the creators of which announced their intention to issue a new crypto currency in November.

Details of the project, for the most part, are unknown, developers are feeding the public with vague promises to increase the speed of processing transactions, and futures for BCD traded on two dozen exchanges.

As Ledger informs, malefactors use trustfulness of bitcoin holders who technically have the right to receive equivalent balances in BCD, luring them to a lot of sites with the help of which it is supposedly possible to get a new crypto currency.

Some cryptocurrency enthusiasts even made a whole investigation regarding Bitcoin Diamond.

Bitcoin Diamond is unlike the previous forks of Bitcoin (Bitcoin Cash and Bitcoin Gold). Bitcoin Diamond is scam with huge red flags. Do not get scammed into buying Bitcoin Blood Diamonds.
 

bitcoinblooddiamond

For example, Medium blogger with nickname "bitcoinblooddiamond" reports on the lack of information about the team, no official Slack, poor Telegram channel, date of website registration (3rd November), anonymous team and other strage things. 

Argo Blockchain to Report on x10 Revenue Increase

For the 2019, the company received Bitcoin mining revenue of £ 8.5 million, in 2018 it was £ 760,000
20 January 2020   97

Bitcoin mining company Argo Blockchain said this Monday that its revenue from its core business in 2019 increased 10 times. According to a press release on the website of the London Stock Exchange (LSE), where Argo shares are traded, for the first full year in business, the company received revenue of £ 8.5 million compared to £ 760,000 in 2018.

Argo listing on the main LSE market took place in August 2018. The data presented were not audited - the reports after the audit will be available in April.

The company clarifies that in the fourth quarter of 2019, it mined 432 bitcoins, which is six bitcoins higher than in the third quarter. However, in the last quarter, the company's revenue fell to £ 2.66 million, while in the third quarter it was £ 3.63 million.

Our mining operations continued to generate industry-best mining margin in the last quarter despite a softening in market conditions from the previous quarter. Our state-of-the-art mining platform is performing as expected and with the expansion of our mining network on pace, along with the recent rise with the price of Bitcoin, Argo is well-placed for a strong year ahead.

 

Peter Wall

Argo Blockchain CEO

 The company is increasing mining capacity in anticipation of halving and currently has 13,364 devices, including 6,375 Bitmain Antminer T17s, which were installed on January 1. By the end of the quarter, Argo intends to add another 3,625 of the same miners. It is estimated that with a full set of 17,000 devices, its computing capacity will exceed 650 petaheches.