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ARGO BLOCKCHAIN PLCARGO BLOCKCHAIN PLCARGO BLOCKCHAIN PLC

ARGO BLOCKCHAIN PLC

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ARBKF (ARGO BLOCKCHAIN) Crypto Mining Cryptocurrency mining is the process of verifying transactions and adding new blocks to a blockchain ledger. Each new block of transactions has a complex mathematical hash function associated with it that requires significant computing power to solve. The miner who solves the function first receives a Bitcoin reward for supporting the network and adding a new block to the blockchain. A higher mining hashrate corresponds to increased mining success.Propelling the Future of Blockchain We are the only cryptocurrency mining company listed on the London Stock Exchange. Argo is a publicly-traded blockchain technology company focused on large-scale cryptocurrency mining. Join us to invest in the future of money. LEARN ABOUT ARGO Argo is a publicly traded company on the main market of the London Stock Exchange (LSE). The Power of Blockchain Verification & Security Blockchains operate on decentralized networks of users around the world and transactions are secured by complex, cryptographic code. Each transaction undergoes a verification process. This verification protects users from the risk of fraud at every stage of the transaction, even after a transaction is complete. Once a transaction is added to a blockchain it cannot be reversed. Transparent Smart Contract Fulfillment Smart contracts allow any two parties to execute a binding agreement without the need for a third party. Transactions can be made with complete transparency and security, protecting both parties throughout the entire process. Smart contracts possess enormous potential to revolutionize the way we exchange goods, services, and information throughout the global economy. Ease of Transactions Blockchains offer secure, fast, and cheap transactions for people around the world. This has broad implications for the way money and goods are exchanged throughout our economy. From eCommerce to p2p transfers and global payments, the blockchain processes transactions without requiring people to have to rely on a financial institution or other third-party organization. Reduced Barriers in Emerging Markets Blockchain technology bypasses many of the limitations of our traditional financial system. Privately held institutions are privy to corruption, especially in developing economies. Blockchain provides an avenue for people in emerging markets to gain access to stable currencies, fast and secure transactions, and enter the global market without bureaucratic hurdles. 31MW Active Mining Power (megawatts) Argo’s energy-efficient mining facilities are located in North America. 787PH SHA-256 Hashrate This capacity ranks in the top-tier of global mining operations, around 0.6% of the world’s Bitcoin mining network hashrate. 280MS Equihash Rate Equihash is the algorithm used to mine ZCash, a popular alt-coin. 280ms is approx 5% of total worldwide ZEC hash power. What We Do > Our Facilities Argo mines from established jurisdictions at state-of-the-art facilities in North America. Argo has allocated its resources in search of adaptable and highly efficient data centres. The combination of inexpensive hydropower from North America and the best machines on the market has allowed Argo to continue to be profitable, even throughout cryptocurrency downtimes. Ownership:Leased Energy Source:Majority Hydroelectric Power Capacity:35 MW Coins Mined:Bitcoin, Zcash Baie ComeauGatineau R&D plays an important role in the company’s ongoing innovation and mining operations. In early 2018, the Gatineau facility oversaw the creation of Argo’s initial GPU mining systems and continues to support ongoing technical developments. Baie Comeau is a 40,000 square foot state-of-the-art facility in Northern Quebec Mirabel Mirabel is a 20,000 square foot facility with 5MW of capacity. As Argo’s first large-scale facility, it continues to significantly contribute to ongoing mining operations.Argo Blockchain plc is incorporated under the laws of England and Wales under CA 2006. The Company, registered number 11097258, is subject to the City Code. Argo Blockchain plc shares are traded on the London Stock Exchange Main Market. The Argo Blockchain plc ticker code is ARB. As of today’s date, the total issued share capital of the Company is 309,040,997 ordinary shares of £0.001 each. No securities are held as treasury shares. There are no restrictions on the transfer of shares.Argo Blockchain plc is incorporated under the laws of England and Wales under CA 2006. The Company, registered number 11097258, is subject to the City Code. First Investments Holding Ltd Ordinary Shares: 41,100,000 % of Share Capital: 13.99% Hadron Capital Ordinary Shares: 13,548,000 % of Share Capital: 4.61% Trium Capital Ordinary Shares: 9,750,000 % of Share Capital: 3.32% Ironport Blockchain Financial Inc. Ordinary Shares: 9,000,000 % of Share Capital: 3.06% Peter Wall Ordinary Shares: 570,000 % of Share Capital: 0.19%
OTC:ARBKFLong
by MavRich_Trading
1
Argo Blockchain. There could still be some roomHi guys, hope you are all well. I would like to just apologise for my inactivity on this profile in the last few weeks and I hope you are understanding. Today we are looking at Argo Blockchain, a stock I talked about having huge potential and, from the graph you can see, we have been right. I am currently in with a 340%+ gain and am expecting more to come. This post isnt an analysis as such, Im just interested to see if any of you guys are involved in Argo and what your thoughts are for the future. My idea is that the 12 month target is 500-600p. This is depend however on the price of bitcoin. Please comment your ideas. Thanks
LSE:ARBLong
by ASA2001
6
Argo Blockchain 🚀I want to make a disclaimer before beginning my analysis. Argo Blockchain is highly dependent and volatile stock due to it being a mirroring stock on the price of bitcoin. If you are not able to take days or even weeks of uncertain volatility, please stay away from this stock. However, with bitcoin being at such a high and less volatile (percentage wise) asset, Argo gives you an opportunity for giant returns due to it being even now, undervalued in my opinion. This is because of my overall target price for bitcoin, which is around $150,000. Now, from the chart we can see that argo blockchain ran up very well from about 15p to 146p. This was due to the the rise of bitcoin primarily and some strong catalyst around the company. For the past week it has begun its sharp fall (Wave 2). Even though the decrease does look very strong, it is a good indication as wave 2 is often very sharp, especially due to the size of wave 1. I have found a good ending diagonal, with a visible 5-5-5-5-5 correction forming nicely along the trendlines. What I especially like, is that it correlates with my idea on bitcoin (which you can find on my page). Now once this wave 2 eventually ends, something that is unknown to me due to Elliot Wave having no time frames, applying a 1.618 extension of wave 1, gives us a price target of around 250p. A nice 400% increase on my perceived bottom of wave 2. On the other hand, a 2.618 extension, which I believe could possibly be more likely (but will take longer as I think it will require bitcoin to reach around $60,000) would give us a target price of 380p! An almost 700% profit. I am currently in on Argo, with an average price of 36p, so I can hold it for as long as I need, but if you too are interested in the stock, please wait for the right time, as it is very key to not rush into a trade and get the shares at a good price, minimising risk. I will keep you informed with the price action and I hope this was helpful. Please leave a like or comment so I know im doing a good job 😅
LSE:ARBLong
by ASA2001
7