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ARB Argo Blockchain Plc

11.00
-0.50 (-4.35%)
Last Updated: 09:26:51
Delayed by 15 minutes
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
  -0.50 -4.35% 11.00 10.50 11.50 11.25 11.00 11.25 1,332,546 09:26:51
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Services, Nec 47.36M -194.23M -0.3628 -0.30 58.89M

Argo Blockchain PLC New mining hardware installed and operational (3753R)

29/10/2019 7:00am

UK Regulatory


Argo Blockchain (LSE:ARB)
Historical Stock Chart


From Apr 2019 to Apr 2024

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TIDMARB

RNS Number : 3753R

Argo Blockchain PLC

29 October 2019

PRESS RELEASE

29(th) October 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 500 new Antminer T17 Bitmain mining machines, the total number of machines in production has increased from 6,000 to 6,500.

The Company expects to increase its installed base rapidly over the remainder of this year. An additional 5,500 machines are on order and are expected to be installed by the end of this quarter.

For further information please contact:

 
 Argo Blockchain 
 Mike Edwards                          via Tancredi +44 203 434 
  President & Executive Director        2334 
  Neil Thapar 
  Financial Communications 
  Adviser                               +44 7876 455323 
                                      ------------------------- 
 Mirabaud 
                                      ------------------------- 
 Corporate Broker 
  Peter Krens                          +44 203 167 7221 
                                      ------------------------- 
 Tancredi Intelligent Communication 
  Media Relations 
                                      ------------------------- 
 Salamander Davoudi                    +44 7957 549 906 
  salamander@tancredigroup.com 
 
  Emma Valgimigli 
  emma@tancredigroup.com                +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

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 rns@lseg.com or visit www.rns.com.

END

UPDLLFLEIDLTFIA

(END) Dow Jones Newswires

October 29, 2019 03:00 ET (07:00 GMT)

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