REG - Argo Blockchain PLC - New Mining Hardware Installed and Operational

Argo BlockchainAnnouncement

19/09/2019 07:05

RNS Number : 8786M
Argo Blockchain PLC
19 September 2019
 


 PRESS RELEASE
19th 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 +44 203 434 2334
 
 
+44 7876 455323




Mirabaud








Corporate Broker
Peter Krens


+44 203 167 7221




Tancredi Intelligent Communication
Media Relations








Salamander Davoudi
salamander@tancredigroup.com
    
 Emma Valgimigli
emma@tancredigroup.com


+44 7957 549 906
 
 
 
+44 7727 180 873



 
 
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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