Argo Blockchain

About

Argo Blockchain operates as a cryptocurrency miner focused on Bitcoin mining and blockchain technologies. The company runs state-of-the-art facilities in established jurisdictions, including its proprietary Quebec facility and hosted sites in North America. It uses renewable sources like 100% hydroelectric power at its Baie Comeau site, which spans 40,000 square feet and handles 15 MW. Argo has a SHA-256 hashrate capacity of ~2.4 EH/s and increased self-mining power capacity to 28.5 MW (potentially 65 MW). Overall, it identifies Bitcoin mining as critical infrastructure for grid balancing in the transition to sustainable energy. Key Features of Argo Blockchain: • • Argo Blockchain maintains a SHA-256 hashrate capacity of about 2.4 EH/s across processes. • Self-mining capacity lies at 28.5 MW, with electrical assets supporting up to 65 MW of incremental expansion. • Since its inception in Spring 2021, the proprietary Quebec facility has been in continuous operation. • The Baie Comeau site covers 40,000 square feet and generates 15 megawatts of renewable hydroelectric electricity. • Additional hosted mining sites run efficiently in a variety of North American regions. • A Bitcoin mining setup responds in seconds, enabling flexible grid-balancing loads.

Funding

• Debt Financinggalaxy digital3,50,00,00028 Dec 2022

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