mining — around 65% at last Shareholders may question the Chairman and other members of the Board at the Annual General Meeting. During the month of September, Argo mined 127 Bitcoin or Bitcoin Equivalent (BTC) compared to 166 in August. Peter Wall, Chief Executive of Argo, said: "Subject to completion of the potential transaction with GPU.one, the acquisition of these data centres represents a significant opportunity for us to take better control of our production and to improve our complement of assets. on 5/8/20. This information is provided by RNS, the news service of the London Stock Exchange. Investments may fall in value and an investor may lose some or all of their investment. Our shareholders have asked for more information, and we have received the message. Rules baked in to Bitcoin’s code state that after Costs are detailed in Note 8 to the 2019 accounts with notable items being legal and professional fees, and costs related to changes in management.

to it. Our goal is to add qualified members to our board to help the Company and return value to shareholders.

Our Zcash mining operations currently represents around 20-25% of our total mining revenue and contribute to our monthly BTC equivalents and margins. If you feel that your question does not fall within one of the above categories and has not been answered, or would like to ask further questions, please contact us on [email protected] with details of your concern. The Company ended the contract with Protos for asset management as of 1 June 2020. Argo's total mining capacity remains at 18,000 machines, with 730 Petahash of SHA-256 hash power, and 280 Megasols of equihash mining capacity. Management supply the Board with appropriate and timely information and the Directors are free to seek any further information they consider necessary. All directors and officers perform their roles independently and to their full capacity. Canary Warf, Argo’s management team is new for 2020, and their immediate focus is operational excellence and are actively seeking to reduce costs, review service contracts and align policies, including management bonuses, to be in keeping with its strategy for cost-efficient operations. They have both legal and regulatory obligations to disclose any conflicts of interest. Stock Market Review for the Retail Investor. From time to time the presence of Argo’s staff is required in other locations. Communications with shareholders are given a high priority.

Data delayed 15 minutes unless otherwise indicated. This article does not provide any financial advice and is not a recommendation to deal in any securities or product. 5.75 / 5.20. asset, then an investment in a UK-listed Bitcoin miner seems an eminently

first Bitcoin halving occurred when mining rewards fell from 50 BTC to 25 BTC. Company page; Our story; Trade recap; Fundamentals; Analysis; Equity What's this? See the Background to the Team on the website. The Board is responsible for the Company’s objectives and business strategy and its overall supervision. The change in margin is largely attributable to the aforementioned rise in difficulty, as well as the lower price for both Bitcoin and Zcash in September compared to August. 6 month chart.

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