Argo Mining Profitability and Expansion Update slide image

Argo Mining Profitability and Expansion Update

Track Record of Execution Significant scaling since inception and clear visibility to continued growth Texas facility online in May 2022 ~5,5 EH/s¹ Company Founded Listed on LSE as a Mining-as-a-Service ("Maas") company B $3,687 0.8 EH/s Pivoted from Maas to mining for own account & began fleet accumulation B $7,167 0.2 EH/s Diversified into digital blockchain infrastructure B $29,023 0.6 EH/s Dec 2018 Dec 2019 Note: BTC Prices represent year-end figures at close. Dec 2020 5 Acquired 160 acres to build 200 MW facility in Texas, as well as two Quebec data centers' $46,320 1.6 EH/s Dec 2021 1. Anticipated 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. Dec 2022E argo
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