08:00 Tue 06 Aug 2019
Argo Blockchain PLC - July Operational Update
PRESS RELEASE
6 August 2019
('Argo' or 'the Company')
Argo, a
· The Company generated 163 Bitcoins (BTC), or
· Installation of new mining equipment continues apace with 1,000 Z11 and 2,269 S17 Antminers currently in production at Argo's
· As part of the Company's previously announced expansion, an additional 7,000 state-of-the-art mining machines will be delivered and in production by the end of Q4 2019. The delivery and installation schedule of the new equipment is expected to result in a sequential month-on-month rise in Argo's production capacity over the next five months to approximately 500 Petahash by the end of Q4, representing a 296% increase over current capacity.
For further information please contact:
Argo Blockchain |
|
President & Executive Director
Financial Communications Adviser |
via Tancredi +44 207 887 7633
+44 (0) 7876 455323 |
|
|
Corporate Broker |
+44 203 167 7221 |
Tancredi Intelligent Communication Media Relations |
|
Salamander Davoudi
Emma Valgimigli |
+44 7957 549 906
+44 7727 180 873 |
About Argo:
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