AI assistant
ARGO BLOCKCHAIN PLC Regulatory Filings 2021
5008_bfr_2021-02-26_face994d-f328-4c4e-9dd8-6035cb228d49.html
Regulatory Filings
Open in viewerOpens in your device viewer
National Storage Mechanism | Additional information 
RNS Number : 4317Q
Argo Blockchain PLC
26 February 2021
Press release
26 February 2021
Argo Blockchain PLC
('Argo' or 'the Company')
Installation of 4,500 new mining machines
Argo Blockchain, a global leader in cryptocurrency mining (LSE: ARB), is pleased to announce that 4,500 Bitmain Antminer S19 and S19 pro miners Argo agreed to lease from Celsius Network in November 2020 have been installed on time and are now fully operational. This installation represents the final delivery of Antminers under Argo's lease with Celsius Network. The new mining hardware has added approximately 430 petahash to the Company's installed computing power and consumes approximately 15 megawatts ("MW") of electricity. This latest installation highlights the continued focus on efficiency when expanding Argo's mining operations.
Peter Wall, Chief Executive of Argo, said: "We are delighted with the addition of these machines and believe that this installation will help Argo maintain its position at the forefront of mining efficiency."
For further information please visit www.argoblockchain.com or contact:
| Argo Blockchain | |
| Peter Wall Chief Executive Ian MacLeod Executive Chairman |
via Tancredi +44 203 434 2334 |
| finnCap Ltd | |
| Corporate Finance Jonny Franklin-Adams Tim Harper Corporate Broking Sunila de Silva |
+44 207 220 0500 |
| OTC Markets | |
| Jonathan Dickson [email protected] |
+44 204 526 4581 +44 7731 815 896 |
| Tancredi Intelligent Communication UK & Europe Media Relations |
|
| Salamander Davoudi [email protected] Emma Valgimigli [email protected] |
+44 7957 549 906 +44 7727 180 873 |
About Argo:
Argo Blockchain plc is a global leader in cryptocurrency mining with one of the largest and most efficient operations powered by clean energy. 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.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
MSCTAMJTMTATTAB