Argo Blockchain sees sizable increase to mining operations, yet still trades at a significant discount to peers

Despite a sizable increase in operations over the last month, Argo Blockchain, a London-based mining company, trades at a significant discount to its peers.

In August 2018, the company raised about $32.5 million through an IPO on the LSE. Since then, the company has utilized that capital to expand its mining operations within Canada. Argo currently operates 3 data centers (two in Quebec, one in New Brunswick) through a hosting agreement with GPU.one, a Canadian data center provider.