Argo Mining Profitability and Expansion Update

2022: Total Hashrate Capacity Existing fleet Bitmain S19J Pros¹ 5.5 EH/s 1.8 EH/s Intel ASIC machines in development² 3.3 EH/s 1.6 EH/S | 1.7 EH/s 2.0 EH/s - 2.2 EH/s 0.6 EH/s 1.6 EH/s 1.6 EH/s 1.6 EH/S 1.6 EH/S Q1 2022 Q2 2022E 1. Hashrate does not include potential uplift attributable to immersion cooling 2. Incremental hashrate from Intel ASIC 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. 11 Q3 2022E Q4 2022E argo

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