Argo Blockchain (ARBK -0.5%) stock dipped as much as 8.7% after the cryptocurrency miner clarifies that it didn't claim that a type of coding technology could boost its hash rate by 25%. The company said it inadvertently disclosed some potentially material non-public information in a meeting with a person named Anthony Coyle. Coyle then published via Twitter a report that included some of that information. "Coyle wrote that Argo (NASDAQ:ARBK) claimed a 25% uplift in hash-rate resulting from the use of immersion coding technology," the company said in a filing. "Argo does not have sufficient data to make such a claim, and did not claim this," it added. A representative of the company also told Coyle that the company might consider that generating about 20% of its total revenue from crypto other than bitcoin as an acceptable level. "This was not intended as a forecast, but rather to provide directional insight into the potential level of diversification that Arco (ARBK) currently believes
