New Mining Hardware Installed and Operational

RNS Number : 8786M

Argo Blockchain PLC

19 September 2019

 

 PRESS RELEASE

19^th September 2019

Argo Blockchain PLC

('Argo' or 'the Company')

New mining hardware installed and operational

Argo, a UK-based provider of enterprise scale cryptocurrency mining services (LSE: ARB), is pleased to announce that following the installation of 1,000 new Antminer T17 Bitmain mining machines, the total number of machines in production has increased from 5,000 to 6,000.

The Company expects to increase its installed base rapidly over the remainder of this year. The additional 6,000 machines are on order and are expected to be installed over the next two quarters.

The Company plans to provide a third-quarter operational update in early October.

For further information please contact:

Argo Blockchain
Mike Edwards President & Executive Director Neil Thapar Financial Communications Adviser	via Tancredi [phone] [phone]
Mirabaud
Corporate Broker Peter Krens	[phone]
Tancredi Intelligent Communication Media Relations
Salamander Davoudi [e-mail]  Emma Valgimigli [e-mail]	[phone] [phone]

About Argo:

Argo Blockchain plc is a global data centre business that provides a purpose-built and flexible platform for mining of leading cryptocurrencies for the enterprise-scale and institutional sectors worldwide from operational centres in Canada. The Company is headquartered in London, UK and its shares are listed on the Main Market of the London Stock Exchange under the ticker: ARB.

www.argomining.co

See Argo's largest facility in Quebec:

https://youtu.be/LDWWaZ75Zbk

 

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