Argo Mining Profitability and Expansion Update

2022: A Look Ahead at Helios Phase 1 (200 MW) Construction - Helios Building Construction - Electric Substation Demand response program registration Installation of immersion equipment Q1 2022 Q2 2022 Jan Feb Mar Apr May Jun Jul Installation of Core Scientific "swap machines" Installation of Bitmain order Energization Design phase for Intel ASIC-based machines Deployment of Intel ASIC-based machines¹ 1. Deployment of Intel ASIC-based machines is based on assumptions for procurement using current production forecasts. The projected timeline could vary due to several factors including supply chain issues, regulatory issues, available capital, and the price of Bitcoin. Q3 2022 Aug Sep Q4 2022 Oct Nov Dec 10 argo

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