07:00 Wed 03 Mar 2021
Argo Blockchain PLC - February Operational Update + CEO pay in BTC
Press release
Argo Blockchain PLC
('Argo' or 'the Company')
February Operational Update + CEO to be Paid in Bitcoin
Argo Blockchain, a global leader in cryptocurrency mining (LSE: ARB), is pleased to provide the following operational update for February.
During the month of February, Argo mined 129 Bitcoin or Bitcoin Equivalent (together, "BTC") compared to 93 BTC in January. This takes the total amount of BTC mined year-to-date to 222 BTC.
Based on daily foreign exchange rates and cryptocurrency prices during the month, mining revenue in February amounted to
At the end of February, the company held 599 BTC.
As announced on 26 February, the Company has installed an additional 4,500 Bitmain Antminer S19 and S19 pro miners that it agreed to lease from Celsius Network in
The Company is also pleased to announce that beginning from the 1st of March, Argo will pay the salary of its CEO,
For further information please visit www.argoblockchain.com or contact:
Argo Blockchain |
|
Chief Executive Executive Chairman |
via Tancredi +44 203 434 2334
|
finnCap Ltd |
|
Corporate Finance
Corporate Broking
|
+44 207 220 0500
|
OTC Markets |
|
|
+44 204 526 4581
+44 7731 815 896 |
Tancredi Intelligent Communication |
|
Salamander Davoudi Emma Valgimigli |
+44 7957 549 906
+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
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