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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Argo Blockchain Plc | LSE:ARB | London | Ordinary Share | GB00BZ15CS02 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.45 | -3.69% | 11.75 | 11.50 | 12.00 | 12.25 | 11.75 | 12.25 | 1,616,992 | 10:05:15 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Business Services, Nec | 47.36M | -194.23M | -0.3628 | -0.32 | 62.9M |
TIDMARB
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 via Tancredi +44 203 434 2334 Chief Executive Ian MacLeod Executive Chairman ------------------------------ finnCap Ltd ------------------------------ Corporate Finance Jonny Franklin-Adams Tim Harper Corporate Broking Sunila de Silva +44 207 220 0500 ------------------------------ OTC Markets ------------------------------ +44 204 526 4581 Jonathan Dickson jonathan@otcmarkets.com +44 7731 815 896 ------------------------------ Tancredi Intelligent Communication UK & Europe Media Relations ------------------------------ Salamander Davoudi salamander@tancredigroup.com +44 7957 549 906 Emma Valgimigli emma@tancredigroup.com +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.
argoblockchain.com
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(END) Dow Jones Newswires
February 26, 2021 02:00 ET (07:00 GMT)
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