Peter Wall , the CEO and interim chairman of bitcoin mining firm Argo Blockchain (ARBK), has resigned, the company said in a Thursday press release.
The London-based company had a difficult 2022 as soaring power prices raised operating costs at its biggest facility, in Texas. The miner didn’t have a fixed-rate power agreement for the site and eventually had to sell it to Galaxy Digital for $65 million to stave off bankruptcy.
