We are a multi-talented, dynamic team of mining and blockchain network experts, technologists, entrepreneurs, and engineers from all walks of life. Our mission is centred on running an efficient mining infrastructure that supports the continued growth, innovation, and function of the world’s top blockchain networks.
Cryptocurrencies are the future of money and are poised to revolutionize our global economy. Their universal access allows anyone with an internet connection to utilize the power of this innovative technology. The full implications of decentralized currencies remain to be seen, but Argo is prepared to adapt and be a major player in this industry for decades to come.
Cryptocurrency mining is the process of verifying transactions and adding new blocks to a blockchain ledger. Each new block of transactions has a complex mathematical hash function associated with it that requires significant computing power to solve. The miner who solves the function first receives a Bitcoin reward for supporting the network and adding a new block to the blockchain. A higher mining hashrate corresponds to increased mining success.
Blockchains operate on decentralized networks of users around the world and transactions are secured by complex, cryptographic code. Each transaction undergoes a verification process. This verification protects users from the risk of fraud at every stage of the transaction, even after a transaction is complete. Once a transaction is added to a blockchain it cannot be reversed.
Smart contracts allow any two parties to execute a binding agreement without the need for a third party. Transactions can be made with complete transparency and security, protecting both parties throughout the entire process. Smart contracts possess enormous potential to revolutionize the way we exchange goods, services, and information throughout the global economy.
Blockchains offer secure, fast, and cheap transactions for people around the world. This has broad implications for the way money and goods are exchanged throughout our economy. From eCommerce to p2p transfers and global payments, the blockchain processes transactions without requiring people to have to rely on a financial institution or other third-party organization.
Blockchain technology bypasses many of the limitations of our traditional financial system. Privately held institutions are privy to corruption, especially in developing economies. Blockchain provides an avenue for people in emerging markets to gain access to stable currencies, fast and secure transactions, and enter the global market without bureaucratic hurdles.