June 20, 2021
Business News

Argo Blockchain Purchases Two Data Centres


LONDON–()–Argo Blockchain (LSE:ARB) (OTCQX: ARBKF), a global leader in cryptocurrency mining today announced that, further to the share purchase agreement with GPU.one announced on February 3, 2021, it has completed the acquisition of the two data centres in Quebec, Canada. The acquisition is part of the company’s strategy to increase control over the mining facilities in which its machines are hosted, with a view to providing the company with long term stability.

The data centres have a combined total of 20MW of power capacity and currently house a significant proportion of Argo’s cryptocurrency mining equipment. The data centres are powered almost entirely by electricity generated from hydro power, which…



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