25th May 2021 07:00
Press Release
25 May 2021
Argo Blockchain PLC
("Argo" or "the Company")
Argo joins leading North American Bitcoin miners to promote
energy usage transparency and accelerate sustainability initiatives worldwide
Argo Blockchain (LSE: ARB), a global leader in cryptocurrency mining, is pleased to announce that on Sunday 23 May 2021, leading North American miners came together to discuss ESG issues related to Bitcoin mining with Elon Musk. The meeting was organised by Michael Saylor who chaired a productive 90-minute call resulting in the group agreeing to form a Bitcoin Mining Council to collectively promote energy transparency and improve sustainable mining practices. Alongside Argo Blockchain, companies in attendance included: MicroStrategy, Galaxy Digital, Hut 8, Marathon, HIVE, Core Scientific, Blockcap and Riot Blockchain.
Peter Wall, Chief Executive of Argo Blockchain, said: "Today is a good day for the planet. Sustainability has always been at the heart of Argo's mining operations and the newly-formed Bitcoin Mining Council is the next logical step in fostering a sectoral shift towards renewable energy. I enjoyed speaking with Elon Musk about these issues this weekend, and look forward to joining Michael Saylor and other leading North American miners in working to future-proof an industry that must collectively improve sustainable mining practices and take ESG concerns seriously."
For futher information please contact:
Argo Blockchain | |
Peter Wall Chief Executive Ian MacLeod Executive Chairman | via Tancredi +44 203 434 2334
|
finnCap Ltd | |
Corporate Finance Jonny Franklin-Adams Tim Harper
Corporate Broking
Sunila de Silva | +44 207 220 0500
|
Tennyson Securities | |
Peter Krens | +44 207 186 9030 |
Tancredi Intelligent Communication UK & Europe Media Relations | |
Emma Valgimigli Emma Hodges Salamander Davoudi | +44 7727 180 873 +44 7861 995 628 +44 7957 549 906
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