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ARGO BLOCKCHAIN PLC Regulatory Filings 2021
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Regulatory Filings
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National Storage Mechanism | Additional information 
RNS Number : 2892N
Argo Blockchain PLC
29 January 2021
Press release
29 January 2021
Argo Blockchain PLC
('Argo' or 'the Company')
1295 new mining machines in production
Argo, the leading cryptocurrency miner based in the UK (LSE: ARB), is pleased to announce that 1295 S19 and S19 pro miners were brought onstream this week.
The machines, which were ordered in November 2020 and delivered ahead of schedule, will add approximately 127 petahash to the company's existing mining fleet, bringing the Company's total installed computing power to 772 petahash. By the end of Q2 2021, Argo's total installed mining power will total 1,685 petahash or 1,68 exahash. The remainder of the 10,000 machines required to achieve this target are on order and expected to be delivered in batches between February and June, as previously announced.
Peter Wall, chief executive of Argo, said: "We are very pleased that these machines have been delivered ahead of schedule. Our ongoing investment in new mining hardware puts us at the forefront of mining efficiency and ensures we continue to deliver a strong performance and create long-term value for shareholders."
For further information please contact:
| Argo Blockchain | |
| Peter Wall, Chief Executive Ian MacLeod, Executive Chairman |
via Tancredi Tel: +44 203 434 2334 |
| Corporate Broker - finnCap Ltd | |
| Jonny Franklin-Adams / Kate Washington (Corporate Finance) Sunila de Silva (Corporate Broking) |
Tel: +44 20 7220 0500 |
| OTC Markets | |
| Jonathan Dickson [email protected] |
Tel: +44 20 4526 4581 Tel: +44 7731815896 |
| Media Relations - Tancredi Intelligent Communications | |
| Salamander Davoudi [email protected] Emma Valgimigli [email protected] |
Tel: +44 7957 549 906 Tel: +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.
See Argo's largest facility in Quebec:
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