A UK-based technology company which provides cryptocurrency-mining services is set to launch Bitcoin on its platform next month.

Argo, which floated on the London Stock Exchange in August, said the move comes in response to consumer demand and will increase the total number of cryptocurrencies available for mining by subscribers to seven.

The current market capitalisation of Bitcoin is $114 billion.

Argo's customers are currently able to mine Bitcoin Gold, Ethereum, Ethereum Classic, Zcash, Komodo and Horizen through its monthly subscription, cloud-based mining-as-a-software service.  

This is yet another step towards Argos long-term goal to become the leading global provider of easy-to-use and transparent crypto-mining services for the general public,” said co-founder and president Mike Edwards.

“We have seen strong demand for Bitcoin and our growth strategy is customer-led. We look forward to offering even more choice as demand grows and we invest in our platform.”

The addition of Bitcoin follows the successful expansion of Argo’s mining platform and a tenfold increase in its sold packages to 4,200.

Bitcoin will be added to Argo’s platform on 1 November 2018.