Company: ARBK
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001104659-25-049311
Chunk: 22

Company: Argo Blockchain Plc
Filing Date: 2025-05-15
Form: 20-F
Item: Item 4
Chunk 22
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 Argo Blockchain plc and the following subsidiaries of Argo Blockchain plc:

  Argo Innovation Labs Inc. (previously Argo Blockchain Canada Holdings Inc.), a wholly owned direct subsidiary incorporated and registered in British Columbia, Canada. Argo Blockchain Canada Hol...  
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  Argo Holdings US Inc., a wholly owned direct subsidiary, incorporated in Delaware on November 22, 2022;  
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  Argo Operating US LLC, a wholly owned indirect subsidiary, incorporated in Delaware on November 22, 2022; and  
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  9377-2556 Quebec Inc., a wholly owned indirect subsidiary incorporated in Quebec, Canada.  

D. Property, Plant and Equipment

During 2024, we operated our cryptocurrency mining machines from one Argo-owned facility in Canada and one-hosted facility in the United States. Currently, we operate our cryptocurrency mining machines from one Argo-owned facility in Canada and two-hosted facilities in the United States. The details of the facilities are set out below:

                                 OWNED OR                    FACILITY         POWER  
  CAPACITY LOCATION              HOSTED                 SIZE (FT) (1)      (MW) (2)  
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  Quebec, Canada                 Owned                         40,000            15  
  Texas, United States           Hosted        (3)            125,000           100  
  Tennessee, United States       Hosted        (4)             20,000            45  
  Washington, Unites States      Hosted        (5)            625,000           100  

Notes

  (1)      Square footage refers to the total facility size, not the area devoted to cryptocurrency mining operations.  

  (2)      For owned facilities, this reflects the maximum power capacity accessible on site. For hosted facilities, this reflects the maximum anticipated power usage of our mining machines hosted at that...  

  (3)      The hosting arrangement in Texas ended on December 28, 2024.  

  (4)      The hosting arrangement in Tennessee began in March 2025 and ends March 2026  
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