UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________________
FORM 6-K
_____________________
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of January, 2025
Commission File Number: 001-40816
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Argo Blockchain plc
(Translation of registrant’s name into English)
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Eastcastle House
27/28 Eastcastle Street
London W1W 8DH
England
(Address of principal executive office)
_____________________
Indicate
by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Form
20-F ☒ Form 40-F
☐
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(7): ☐
EXHIBIT INDEX
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Exhibit
No.
1
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Description
Argo
Company Update - Hosting dated 27 January 2025
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Press Release
27 January 2025
Argo Blockchain plc
("Argo" or "the Company")
Hosting Update
Argo Blockchain plc (LSE: ARB; NASDAQ: ARBK) is pleased to announce
that it has entered into a hosting arrangement with Merkle Standard
LLC ("Merkle") to host 5,293 S19J Pro miners at Merkle's Memphis,
Tennessee location. These miners, previously hosted by the
Company at Helios, will be deployed during the month of February
for a minimum one year term. Discussions continue with Merkle to
increase the number of miners hosted. An additional 2,500 S19J Pro
miners will be hosted at our Baie Comeau, Quebec facility where the
Company currently has available capacity.
The previously hosted S19J
Pro miners are currently
being refurbished and converted from immersion-based miners to air
cooled miners and the Company expects this conversion process to be
completed by the end of March, with completed units being shipped
to Merkle and Baie Comeau during the month of February. By the end
of February, after these deployments, the Company expects one
third of the approximately 23,000 miners previously hosted at
Helios to be operational.
With the refurbishment process underway and hosting arrangements in
place, Argo's hashrate will steadily increase during the month of
February. Ongoing discussions to host the remaining miners
continue and the Company will update the market on further install
plans as progress is made.
This announcement contains inside information.
For further information please contact:
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Argo Blockchain
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Investor Relations
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Tennyson Securities
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Corporate
Broker
Peter Krens
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+44 207 186 9030
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Fortified Securities
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Joint
Broker
Guy Wheatley, CFA
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+44 7493 989014
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Tancredi Intelligent Communication
UK
& Europe Media Relations
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About Argo:
Argo Blockchain plc is a dual-listed (LSE: ARB; NASDAQ: ARBK)
blockchain technology company focused on large-scale cryptocurrency
mining. With a mining facility in Quebec and offices in the US,
Canada, and the UK, Argo's global, sustainable operations are
predominantly powered by renewable energy. In 2021, Argo became the
first climate positive cryptocurrency mining company, and a
signatory to the Crypto Climate Accord. For more information,
visit www.argoblockchain.com.
SIGNATURES
Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
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Date:
27 January, 2025
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ARGO BLOCKCHAIN PLC
By:
/s/ Jim
MacCallum
Name:
Jim MacCallum
Title:
Chief Financial Officer
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