Argo Blockchain (ARBK) Reports FY22 Results

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Go back to Argo Blockchain (ARBK) Reports FY22 Results

Argo Blockchain PLC Announces 2022 Full Year Results

April 28, 2023 2:01 AM EDT

LONDON, UK / ACCESSWIRE / April 28, 2023 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ: ARBK), is pleased to announce its audited results for the year ended 31 December 2022.

Operating highlights

Increased hashrate capacity by 55% from 1.6 EH/s at the end of 2021 to 2.5 EH/s at the end of 2022

Energized the Helios facility in Dickens County, Texas and commenced mining operations on 5 May 2022

Executed an agreement with ePIC Blockchain Technologies ("ePIC"), as amended, to purchase BlockMiner machines for use with Intel's Blockscale ASIC chip (2,870... More