Bitcoin miner Argo Blockchain PLC has started a non-mining business unit, Argo Labs, to diversify its business and take advantage of other opportunities in the blockchain ecosystem, CoinDesk reports.
“We’ve always felt that the blockchain space has more potential than just mining,” said Argo CEO Peter Wall in an interview with CoinDesk, adding the new business unit will be “an in-house innovation arm” for the company.
