Our Flagship Mining Facility

The First & Largest Enterprise Scale Bitcoin Mining Facility in North America Utilizing Our Cutting Edge Proprietary Immersion Cooling Technology

Key Operational Highlights

Phase 1 Stats
  • 126,000 Sq Foot Data Center
  • 200 MW of Electrical Power
  • 50,000 Mining Machines
  • First & Largest North American Bitcoin Miner

    to Build a Facility Specifically Designed to Support Argo's Proprietary Immersion Cooling Technology
  • Power as Low as 2 Cents per kWh

    located in the Texas Panhandle where approximately 85% of electricity comes from Renewable Sources
  • Gross Profitability & Margin Growth Opportunities

    based on initial testing, the immersion cooling process, combined with our proprietary dynamic technology, can generate up to a Significant Increase in Hash per ASIC
2022 Investor Presentation


The opening of the Helios Facility will be a transformative moment in Argo's history.
Peter Wall, CEO
Argo Blockchain


Investor Highlights:

Energization and Official Opening of Helios Facility

200 MW of Power Capacity & Contributing to E.e EH/s by EOY


$26.66 MILLION for Equipment Purchases & Recapitalization


600 MW of Additional Total Power, Est. Delivery Q1-Q2 2023


Receive First Shipment of Intel's Next Generation ASICs

Project Development

Video & Image Gallery

The Helios Project

March 21, 2021
Build Baby Build!

Argo acquires 320 acres of land in West Texas and secures up to 800 MW of electricity from America's largest State Power Grid. Helios will be North America's largest immersion cooling Bitcoin mining facility. The Helios Adventure Begins!

April 19, 2021
RNS: Navier Wins Helios Construction Bid

We are so very excited to announce that Argo Blockchain has signed a contract with Navier Inc., a specialist in the design and construction of cryptocurrency mining facilities, to co-develop Argo's new mining facility, Helios, in West Texas.

July 21, 2021
Truly Groundbreaking

On July 22, 2021, Argo announced the groundbreaking of Helios, its flagship state-of-the-art facility in West Texas.

July 27, 2021
Bitcoin Mining Nirvana

2021 marked a paradigm shift towards US, and particularly Texas, based mining. This excellent article by Coin Telegraph summarizes the move by major minors to the Lone Star State.

October 4, 2021
Helios Site Officially Outlined & Ready for Foundation

This photo of the footprint of the building was the first to put the incredible scale of Helios on full display.

October 6, 2021
Peter Wall First Visit to Dickens County

On October of 2021, CEO Peter Wall made his first visit to the Helios construction site and Dickens County. The Helios project could not succeed without the support of the local community.

January 24, 2022
Nasdaq Listing Celebration

On this day Argo joined the few companies who rang the Nasdaq opening bell. Next stop, Helios!

January 7, 2022
First Official Helios Walkthrough

With the early January completion of the building's exterior, Argo gave its first video tour of the entire facility. Major construction was now complete.

April 8, 2022
RNS: March Operational & Helios Update

Argo has successfully installed critical equipment, including immersion pumps, air coolers, transformers, power distribution units, and pallet racks. Additionally, the fiber internet connection to Helios has now been completed.