REG - Argo Blockchain PLC - Argo November Ops Update

Argo BlockchainAnnouncement

04/12/2024 07:00

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RNS Number : 6647O  Argo Blockchain PLC  04 December 2024

Press Release

4 December 2024

Argo Blockchain plc

("Argo" or "the Company")

 

November Operational Update

Argo Blockchain plc, a global leader in cryptocurrency mining (LSE: ARB;
NASDAQ: ARBK), is pleased to provide the following operational update for
November 2024.

During the month of November, the Company mined 39 Bitcoin ("BTC"), or 1.3 BTC
per day, a decrease from 46 mined in October 2024.

Mining revenue in November 2024 amounted to $3.4 million, an increase from
$3.0 million in October 2024 due to the higher hashprice and BTC price
realized in November as compared to October. As at 30 November 2024, the
Company held three BTC equivalent.

This announcement contains inside information.

For further information please contact:

 Argo Blockchain
 Investor Relations                  ir@argoblockchain.com (mailto:ir@argoblockchain.com)
 Tennyson Securities
 Corporate Broker                    +44 207 186 9030

 Peter Krens
 Fortified Securities
 Joint Broker                        +44 7493 989014

 Guy Wheatley, CFA                   guy.wheatley@fortifiedsecurities.com
 Tancredi Intelligent Communication   argoblock@tancredigroup.com

 UK & Europe Media Relations

 

About Argo:

Argo Blockchain plc is a dual-listed (LSE: ARB; NASDAQ: ARBK) blockchain
technology company focused on large-scale cryptocurrency mining. With mining
facilities in Quebec, mining operations in Texas, and offices in the US,
Canada, and the UK, Argo's global, sustainable operations are predominantly
powered by renewable energy. In 2021, Argo became the first climate positive
cryptocurrency mining company, and a signatory to the Crypto Climate Accord.
For more information, visit (http://www.argoblockchain.com/)
www.argoblockchain.com (http://www.argoblockchain.com/) .

 

 

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