Argo Blockchain Plc

Argo Blockchain plc is a cryptocurrency mining company that primarily mines Bitcoin and other digital assets. The enterprise operates specialized computer hardware to solve complex cryptographic algorithms on proof-of-work blockchains, receiving native cryptocurrency tokens via block rewards and transaction fees. Argo contributes all of its computing power to third-party mining pools, including Luxor Pool, which combine network hashrate and distribute rewards proportionally. It sells its mined digital currency through regulated trading desks and exchanges to fund operating and working capital needs.

The company is headquartered in London, England. Its operating presence spans North America, with corporate subsidiaries and mining activities in Canada and the United States. Argo owns and operates a data center exceeding 40,000 square feet in Baie Comeau, Quebec, powered by local hydroelectricity, and utilizes third-party hosting facilities in Tennessee and Washington state. Across its network, the business maintains a fleet of over 21,000 specialized mining computers capable of producing up to 2.4 exahash per second in computing capacity.

Summary of the business section of Argo Blockchain's latest annual report, written by StockData.

“As of December 31 of the years ended 2025, 2024 and 2023, we had 13, 22, and 32 employees, respectively, not inclusive of non-executive directors. Below is a breakdown of employees by their departments as of December 31, 2025. … Total 13 100”