Argo mines from established jurisdictions at state-of-the-art facilities. The fleet of miners is operational in our proprietary Quebec facility, with additional hosted sites in North America. Argo has allocated its resources in search of adaptable and highly efficient data centers. The combination of inexpensive hydropower from North America and the best machines on the market has allowed Argo to continue to be profitable, even throughout cryptocurrency downtimes.
Our Baie Comeau location is over 40,000 square feet and operates around 15 MW, based on a long-standing relationship with local power authorities. The Baie Comeau hydroelectric dam generates 100% renewable power. Argo has been the owner and operator of the Baie Comeau facility since the Spring of 2021.
Argo mines from established jurisdictions at state-of-the-art facilities in Quebec & Texas. Argo has allocated its resources in search of adaptable and highly efficient data centers. The combination of inexpensive hydropower from North America and the best machines on the market has allowed Argo to continue to be profitable, even throughout cryptocurrency downtimes.
Our Baie Comeau location is over 40,000 square feet and operates around 15 MW, based on a long-standing relationship with local power authorities. The Baie Comeau hydroelectric dam generates 100% renewable power. Argo purchased the Baie Comeau facility is part of our drive to wholly-owned data center business model.
Argo currently has ~2.4 EH/s of hashrate capacity operating at the Helios facility in Dickens County, Texas. Helios is a 125,000 square foot Bitcoin mining facility with 180 MW of power capacity. It was designed and constructed by Argo, and mining operations began in May 2022. As of December 2022 the facility is now owned and operated by Galaxy Digital Holdings. Helios utilizes immersion-cooling technology which provides for efficient operation in hot and dusty environments.