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
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