Argo Blockchain Plc

Argo Blockchain Plc is a United Kingdom-based blockchain technology company specializing in large-scale mining of Bitcoin and other cryptocurrencies. It operates purpose-built mining machines, such as Bitmain Antminer S19 series and ePIC BlockMiners, to solve complex cryptographic algorithms on blockchain networks, earning rewards and fees in native tokens. The company pursues a strategy of acquiring the latest generation equipment and deploying it in North American facilities powered predominantly by renewable and inexpensive energy sources, including its Quebec site in Baie Comeau, which spans over 40,000 square feet and runs on 100% hydroelectric power at around 15 megawatts. With a historical fleet exceeding 21,000 machines capable of over 1,075 petahashes per second, Argo Blockchain Plc maintains operations across owned and hosted sites. Founded in 2017 and headquartered in London, it also engages in Web 3.0, DeFi, and GameFi initiatives through its Argo Labs division, positioning it as a key player in the cryptocurrency mining sector focused on efficiency and sustainability.