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 November, 2023
 
Commission File Number: 001-40816
 
_____________________
 
Argo Blockchain plc
(Translation of registrant’s name into English)
_____________________
 
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
 
Exhibit No.
 
1
 
Description
 
October Operational Update dated 3 November 2023
 
 
 
 
 
 
Press Release
 
 
3 November 2023
 
 
Argo Blockchain plc
 
("Argo" or "the Company")
 
 
October Operational Update
 
 
Argo Blockchain plc, a global leader in cryptocurrency mining (LSE: ARB; NASDAQ: ARBK), is pleased to provide the following operational update for October 2023.
 
During the month of October, the Company mined 143 Bitcoin or Bitcoin Equivalents (together, "BTC"), or 4.6 BTC per day. The Company was able to increase its daily BTC production in October by 2% compared to the prior month, despite a 7% increase in the monthly average network difficulty in October compared to September. This is primarily due to fewer hours of economic curtailment at Helios in October, along with a strong focus on operational excellence across the Company.
 
Mining revenue in October 2023 amounted to $4.26 million, an increase of 19% compared to the prior month (September 2023: $3.59 million). As of 31 October 2023, the Company held 21 BTC.
 
This announcement contains inside information.
 
For further information please contact:
 
Argo Blockchain
 
 
Investor Relations
 
ir@argoblockchain.com
 
Tennyson Securities
 
 
Corporate Broker
Peter Krens
 
+44 207 186 9030
 
Fortified Securities
 
 
Joint Broker
Guy Wheatley, CFA
 
+44 7493 989014
guy.wheatley@fortifiedsecurities.com
 
Tancredi Intelligent Communication
UK & Europe Media Relations
 
 argoblock@tancredigroup.com
 
 
 
About Argo:
 
Argo Blockchain plc is a dual-listed (LSE: ARB; NASDAQ: ARBK) blockchain technology company focused on large-scale cryptocurrency mining. With mining facilities in Quebec, mining operations in Texas, 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.
 
 
Date: 03 November, 2023
ARGO BLOCKCHAIN PLC
 
 
By: /s/ Jim MacCallum
Name: Jim MacCallum
Title: Chief Financial Officer
 
 
 
 
 


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