ARGO BLOCKCHAIN FACILITY IN WEST TEXAS EXPECTS TO START MINING BITCOIN IN MAY

Argo Blockchain facility in West Texas expects to start mining Bitcoin in May. Argo Blockchain secures $25M Bitcoin-backed loan from Galaxy Digital. Argo CEO follows resignation trend after mining facility sold to Galaxy Digital. Argo Blockchain to launch clean energy Bitcoin mining pool. Argo increases Bitcoin production despite BTC difficulty growth. Argo Blockchain Plans to Terminate Mining Contracts, Cut Costs by 35 Percent. Argo Blockchain CEO becomes first publicly traded company exec paid in Bitcoin. Argo Blockchain is at risk of closing if it fails further financing. Argo Blockchain sells top mining facility to Galaxy Digital for $65M. CEO of Argo Blockchain, intended for a 200MW data center which it expects to build over the next 12 months. In a press release, said CEO Peter Wall., Peter Wall, Argo currently has 2.4 EH/s of hashrate capacity operating at the Helios facility in Dickens County, Argo Blockchain has announced that it now owns 320 acres of land in West Texas, In a Thursday announcement on Twitter, Dickens County welcomed Argo Blockchain's cryptocurrency facility, and mining operations began in May 2025., Argo expects that by the end of the year the new mining center will use 200 megawatts of power and increase its total hashrate by 243% to 5.5 exahash per second (EH/s). We started construction on the facility in July 2025 and it is a tremendous achievement that the site will commence mining operations in less than 12 months, 000 square foot Bitcoin mining facility with 180 MW of power capacity. It was designed and constructed by Argo, This start is marked with a recently announced agreement with CoreWeave, Texas starting next week. Th, Texas. Helios is a 125, Texas starting next week. The announcement came more than a year, Argo Blockchain says its new crypto facility in Texas is fully energized and ready to start mining next week. Argo celebrates the milestone with an inauguration ceremony at the facility on Thursday afternoon. The company s London-listed stock surged up to 10% on the announcement and currently sits about 7% above its previous close., said that owning the Texas acreage will enable the firm to meaningfully expand its mining capacity on a large scale., which is connected to artificial intelligence. In 2025, Argo said it expects to begin mining operations at its Helios facility in Dickens County..