Argo Blockchain (ARB.L) Shares Jump By 2.14%: It Becomes First Climate Positive Cryptocurrency Mining Company

Argo Blockchain shares rose by 2.14% and were trading at the price of 143.00 GBP, for its last trading session. The share price has been growing for a month. On September 6, the shares reached their maximum and were worth 145.99 GBP. Recently, Argo Blockchain announced that it has become the first public cryptocurrency mining company, and has become climate-friendly for greenhouse gas (GHG) emissions in volumes 1, 2 and 3 associated with all its relevant crypto-related operations.

This means that the company solves the problem of its own greenhouse gas emissions in order to become carbon-neutral, and goes even further, thereby reducing emissions by supporting projects outside of Argo. The company is committed to sustainable development and when mining cryptocurrencies, it can stimulate innovation in the field of renewable energy sources and pave the way for reducing greenhouse gas emissions. Last year, Argo Blockchain developed its climate-positive strategy, reaching the following stages. Currently, an agreement on the crypto climate has been signed.

Lora Nilsson

Finance and Business reporterAfter graduating high school. Lora decided to travel and blog as a part-timer. Today she enjoys what she loves and works remotely as our finance and business reporter