Big Picture – A Deep Dive Examination of Argo Blockchain
Argo Blockchain Snapshot
• Argo’s mission is to democratize mining of crypto-currencies and become a leading provider of mining as a service to home miners.
• The Company’s cloud-based platform enables customers to efficiently mine Ethereum and other altcoins from their own computer or mobile device. With just a click of a button and a transparent monthly fee, our users can immediately select which coin(s) they want to mine.
• Our service provides immediate access to Argo's cutting-edge mining rigs, which seamlessly perform the complex crypto-mining operations for our users and then directly deposit all coins mined into users’ digital wallets.
• Argo’s team are veterans of the technology world who know that the availability of efficient and affordable mining is key in supporting the widespread success of cryptocurrency. We’re excited to build an inclusive community of miners to embark on this journey with us!
The Company is targeting a global market from headquarters in London, UK and an operational centre in Quebec, Canada.
Canada, China and northern Europe
Jonathan Bixby - Executive Chairman
Jonathan Bixby is a serial entrepreneur, active investor, board member, and speaker. Jonathan has helped raise over $100M in venture capital and has been involved in over 10 successful exits. Jonathan was previously an entrepreneur-in-residence at Vancouver-based startup accelerator GrowLab. Prior to GrowLab, he was the CEO and cofounder of both Strangeloop Networks, a networking company focused on providing a hardware appliance in data centres to speed up web based properties, which was acquired by Radware (RDWR) and IronPoint, a technology based provider of Content Management Services which was acquired by the Active Network (ACTV). He is a Business in Vancouver Top 40 Under 40 award recipient and is an investor and advisor to numerous other networking and technology companies, including but not limited to TSO Logic, Rubikloud, Neurio and Layerboom.
Jonathan is the Company’s Executive Chairman and will be ultimately responsible for all day-to-day management decisions and for implementing the Company's long and short term plans. The Chairman is accountable to the Board and acts as a direct liaison between the Board and the management of the Company, through the Company’s President. The Chairman acts as the communicator for Board decisions where appropriate.
Mike Edwards - Executive Director and President
Mike Edwards has started and invested in technology companies for over 20 years. Mike invests in smart people with big ideas, and thrives on helping other entrepreneurs turn a napkin sketch into a prosperous business. He has invested in more than 40 technology startups including Punch’d, which was sold to Google, Summify, which was acquired by Twitter, Wander, which was acquired by Yahoo, AreaConnect, which was sold to Marchex, Wylie Interactive, which was acquired by Zynga, and PasswordBox, which was acquired by Intel.
Mike co-founded Growlab, a seed stage accelerator focussing on consumer facing digital product, which later merged with Extreme Startups to create Canada’s Highline accelerator, and co-founded and is a board member of Creative Labs, a venture capital backed startup foundry that builds consumer technology companies by leveraging the Creative Artist Agency’s access to talent and audience.
Mike is the Company’s President and will be responsible for designing and implementing business operations of the Company including mining, software development and all marketing. The President will establish policies that promote company culture and vision and will oversee all operations of the company globally. The President acts as a direct liaison between the Board and management of the Company and communicates to the Board on behalf of management.
Timothy Le Druillenec - Chief Financial Officer
Timothy is a Fellow of the Chartered Institute of Management Accountants and has provided management consultancy and accounting services to numerous public and private companies. Tim is currently Finance Director of Dukemount Capital PLC, a Main Market listed property company which acquires, develops and manages portfolios of property and was most recently Finance Director of Hemogenyx Pharmaceuticals PLC.
Tim is the Company’s CFO and will be primarily responsible for managing the financial risks of the Company and for financial planning and record-keeping, as well as financial reporting to higher management.
Gil Penchina - Non-Executive Director
Gil is a seasoned investor who has invested in LinkedIn, PayPal, Cruise Automotive, Dollar Shave Club, Hooked, Wealthfront, AngelList, Indiegogo, Fastly and others. Gil is currently a partner at Ridge Ventures, formerly IDG Ventures USA.
Prior to this, Gil was a board member at Fastly, the CEO of Wikia.com, a wiki hosting service which derived its revenue from advertising and sold content and became a top 50 web property and previously worked for eBay where he held a number of roles progressing from Manager in Business Development to VP and General Manager, International with responsibility for France, Italy, Spain, Poland and Eastern Europe and Expansion in Europe.
Gil will be responsible for overseeing the Company’s strategy on cryptocurrencies and funding.
As of today's date, as far as the Directors are aware, the following shareholders are Company Directors or interested in 3% or more of the issued share capital of the Company.
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Registered Office - Room 4, 1st Floor, 50 Jermyn Street, London, United Kingdom
Corporate Broker - Mirabaud Securities Limited, 10 Bressenden Place, London, SW1E 5DH, United Kingdom
UK Solicitors to the Company - Fladgate LLP, 16 Great Queen Street, London, WC2B 5DG, United Kingdom
Auditors and Reporting Accountants - PKF Littlejohn LLP, 1 Westferry Circus, Canary Wharf, London, E14 4HD, United Kingdom
Registrar - Computershare Investor Services PLC, The Pavilions, Bridgwater Road, Bristol, BS13 8AE, United Kingdom
Public Relations - Tancredi Group, Berkeley Square House, Berkeley Square, Mayfair, London W1J 6BD, UK, +44 20 7887 7632, [email protected]
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