Argo Blockchain News WKN: A2JR3A ISIN: GB00BZ15CS02 Forum: Aktien User: AlphaHähnchen

Argo Blockchain PLC   ('Argo' or 'The Company')   Priority Supply and Collaboration Agreement Between Argo and ePIC     Argo Blockchain, the leading cryptocurrency miner based in the UK (LSE: ARB), is pleased to announce it has signed a commercial agreement with ePIC Blockchain Technologies (ePIC), a supplier of industry-leading ASIC mining machines which will allow Argo priority access to state-of-the-art ASIC mining rigs. The companies will also work together throughout the development process to build machines specifically to Argo's specifications.    As part of the agreement, Argo has committed to an initial purchase of US$8 million of ePIC's mining rigs and will have priority on all future production runs of ePIC machines globally for 2021 and 2022. Expected delivery of the machines will begin in early Q4, 2021. Larger scale delivery of ePIC machines will commence in 2022.    In addition, the Company will assist in the development and testing of future products and will be given an option of a first right of refusal to purchase additional production. Argo will also provide space and capacity at one of its facilities for ePIC's research and innovation engineering teams for development purposes for future machines.    Based in North America, the ePIC team has a winning track record of designing and delivering industry leading semiconductors for companies such as Sony, Nintendo, AMD, ATI Technologies Inc, Microsoft, Qualcomm, and others. Their experience in high performance computing, parallel processing, and power efficiency is exceptional.     Peter Wall, Chief Executive of Argo Blockchain, said: "We are really excited about this agreement and working with ePIC, one of the industry's preeminent ASIC design firms. This partnership will not only give Argo priority in accessing the most advanced mining infrastructure available, but it also highlights our reputation within the sector as an innovative and forward-thinking cryptocurrency miner. By working with a world-class supplier of ASICs at the development and R&D phase to collaboratively create machines to our own specification, it will only further our technical capabilities and efficiency in our mining operations."   Henry Quan, ePIC CEO, said: "ePIC is delighted to partner with Argo to establish North America as a center of excellence for Blockchain mining and decentralization of blockchain security to rival Asia. The teams at ePIC and Argo are strategically aligned in the quest to deliver innovative solutions and efficiencies only made possible through a close partnership. This vertical integration of sorts enables the lockstep delivery of advanced blockchain platforms combined with datacenter excellence."   Perry Hothi, Chief Technical Officer of Argo said: "This will be a game changer for Argo and ePIC. We are excited with the synergy between our teams. With the expertise of ePIC on the chip side combined with the mining capabilities of Argo, we truly believe this will enable us to be at the cutting edge of mining, from chip to data centre.

As a result of the exercise of the Options, the Company has issued in aggregate 625,000 new Ordinary Shares to the holders of the Options at the exercise price of £0.16 per share. The aggregate gross proceeds to the Company from this warrant exercise is £100,000. Application will be made for the new Ordinary Shares to be admitted to the standard segment of the Official List and to trading on the Main Market of the London Stock Exchange. Admission is expected to occur at 8:00 a.m. on 23 February 2021. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares of the Company. https://polaris.brighterir.com/public/argo_blockchain/news/rns/story/w98m9dr

Argo Blockchain, the leading cryptocurrency miner based in the UK (LSE: ARB), is pleased to announce it has entered into a non-binding Letter of Intent (LOI) with DPN LLC of New York, setting out the terms for Argo to acquire 320 acres of land in West Texas, USA, with access of up to 800-megawatts of electrical power where Argo intends to build a new 200mw mining facility in the next 12 months. https://polaris.brighterir.com/public/argo_blockchain/news/rns/story/xzm04lw Argo Blockchain, the leading cryptocurrency miner based in the UK (LSE: ARB), is pleased to announce it has signed a commercial agreement with ePIC Blockchain Technologies (ePIC), a supplier of industry-leading ASIC mining machines which will allow Argo priority access to state-of-the-art ASIC mining rigs. The companies will also work together throughout the development process to build machines specifically to Argo's specifications. As part of the agreement, Argo has committed to an initial purchase of US$8 million of ePIC's mining rigs and will have priority on all future production runs of ePIC machines globally for 2021 and 2022. Expected delivery of the machines will begin in early Q4, 2021. Larger scale delivery of ePIC machines will commence in 2022. https://polaris.brighterir.com/public/argo_blockchain/news/rns/story/w6qme9r

Hier ist eine sehr gute Zusammenfassung von Argo: Quelle: https://twitter.com/pennystockton12/ ### First, who is $ARBKF? Argo is a blockchain technology focused on large-scale cryptocurrency mining. Led by CEO @PeterGWall , Argo is listed on the OTC and LSE markets. Argo's vision is to build a sustainable, efficient, and powerful network of mining operations. For the purpose of this thread, I will use two comparator companies in $RIOT and $MARA to highlight $ARBKF's potential. $ARBKF: currently trades at $3.95 (52WH: $4.65) $MARA: $43.27, (52WH: $49.41) $RIOT: $71.33 (52WH: $79.50) A significant difference, so why compare? As you may know, the value of a mining company can be (to an extent), derived from its hash rate. Simply said, hash rate/power/etc. is the power the computer uses to solve algorithms and mine $BTC. In essence, the higher the hash rate, the more $BTC that can be mined. With that in mind, 1 petahash per second (PH/s) is 1 quadrillion hashes per second. Let's look at the current PH/s for our three companies: $RIOT 566 PH/s $MARA 688 PH/s $ARBKF 787 PH/s Right away, you can see that $ARBKF has the most 'power' to mine $BTC. Looking ahead, by Q2 of 2021, the target PH/s rate for each company is as follows: $MARA: 1155 PH/s $RIOT: 1446 PH/s $ARBKF: 1685 PH/s In that sense, Argo is competitive with the "best of the best" in terms of mining power. Now, both $RIOT and $MARA have plans to further expand their PH/s as they have new machines on order. With that said, those upgrades will not come until the end of 2021, or possibly, the start of 2022. $ARBKF is not sitting back. Argo recently entered into a LOI to initiate the acquisition of 320 acres of land in Texas. Why is this important? Argo is using this land to build a new 200MW mining facility in the next 12 months. Not only that, but the land is situated beside a source of cheap, renewable energy, giving them access to 800MW of electrical power. Source: https://www.businesswire.com/news/home/20210210005451/en/Global-cryptocurrency-miner-Argo-Blockchain-enters-into-LOI-to-Build-200-MW-Mining-Facility-in-Texas This land provides a two-fold boost. 1) Will increase $ARBKF's mining efficiency while seeking to minimize the cost of electricity. 2) The land is an asset. A report showed that the price of land/acre increased by 6.4% in Texas since last year. Thus, as this land is further developed, it is quite plausible that it increases in value as an assest for $ARBKF. Source: https://bit.ly/3uikPKv But let's jump back to the valuation for a minute, and talk about where $ARBKF could go. ( https://agrilife.org/texasaglaw/2020/07/20/2020-rural-land-value-trends-report/ ) Current market caps: (Stand: 21.02.2021) $RIOT: ~4.2 billion $MARA: ~4.1 billion $ARBKF: ~1.4 billion Theoretically, given that $ARBKF currently surpasses both in PH/s, and has more coming, if Argo was to match that market cap, we are looking at what could be a ~3x rise in stock price. This would value $ARBKF at ~$12. With that said, $BTC remains incredibly bullish into the next few weeks. As the value of $BTC increases, the market cap for $RIOT and $MARA will increase. If Argo is to match that, then theoretically, its price too would surpass $12. Why would Argo's market cap increase? Simply said, Argo recently met compliance to uplist to the @Nasdaq . With CEO @PeterGWall hinting towards a goal of reaching more American investors, it's not far-fetched to think that within 6-8 weeks, we could see $ARBKF on the NASDAQ. And on the topic of @PeterGWall , you find a passionate and transparent CEO. From constant and consistent YouTube videos to transparent RNS updates and an active Twitter personality, it is incredibly reassuring to see a CEO actively involved and engaging with investors. Adding to that, @PeterGWall also holds 570,000 shares of the company, showing confidence in their potential. This is further backed by major investments from companies such as: First Investments Holding Hadron Capital Trium Capital Source: https://argoblockchain.com/investors/ I'll finish with some other promising pointers that personally excite me about the future of this company. After uplisting to the OTCQB, Argo appointed Wachsman as their communications advisor to strengthen investor relations within the US. Source: https://www.investegate.co.uk/argo-blockchain-plc--arb-/rns/appointment-of-communications-adviser/202101151527079133L/ Argo also offers other revenue streams, such as the mining of Zcash, where they own nearly 5% of the world's ZCash. Source: https://www.nasdaq.com/articles/argo-buys-%24500k-worth-of-zcash-miners-as-bitcoin-revenue-shrivels-2020-06-24 Argo recently invested $100,000 USD in Luxor Technologies, a hash rate management platform. Luxor has mined over $45 million USD in crypto since inception, and will ultimately help advance Argo's technology. Source: https://www.globenewswire.com/news-release/2020/12/30/2151474/0/en/Argo-Blockchain-co-leads-investment-in-Luxor-Technologies.html rgo also diversified its position with a 25% stake investment (lead investor) in @Pluto_Digital - Source: https://polaris.brighterir.com/public/argo_blockchain/news/rns/story/xzm9dow . "Pluto shares the same ethos as Argo and seeks to democratise participation in cryptocurrency markets and the blockchain space. Pluto's senior leadership team has a wealth of experience in establishing successful cryptocurrency and blockchain ventures. Some of the most notable projects they have invested in include the YOP Platform and Protocol, a highly anticipated DeFi project launched on the leading IDO platform Polkastarter." Argo's willingness to support cryptocurrencies builds upon previous investments, such as Polkadot in 2019. Argo purchased 100,000 $DOT in Q1 of 2019, now valued at $38.65 a share (Stand: 21.02.2021) Source: https://www.proactiveinvestors.co.uk/LON:ARB/Argo-Blockchain-PLC/rns/860075 $ARBKF does a pretty damn good job of HODLing. They currently hold 501 BTC. Those coins, as of the time of writing, are valued at $28,797,830.70 USD. As of 9/9/20, Argo claimed to be nearly DEBT-FREE! Important to note that with the purchase of land, they have been given access to a $100,000,000 credit facility at competitive rates. However, this deal is still waiting to be fully closed. Source: https://backend.otcmarkets.com/otcapi/company/financial-report/267890/content If you made it this far, congratulations. These are some of the reasons why I'm excited about $ARBKF and I hope you learned something! Please remember to do your own DD, and know that this is NOT financial advice. You are responsible for your own investments.

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