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 December, 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
 
November Monthly Operational Update dated 04 December 2023
 
 
 
 
Press Release

4 December 2023
 
 
Argo Blockchain plc
 
("Argo" or "the Company")
 
 
 
November Operational Update
 
 
Argo Blockchain plc, a global leader in cryptocurrency mining (LSE: ARB; NASDAQ: ARBK), is pleased to provide the following operational update for November 2023.
 
During the month of November, the Company mined 145 Bitcoin or Bitcoin Equivalents (together, "BTC"), or 4.8 BTC per day. The Company was able to increase its daily BTC production in November by 5% compared to the prior month, despite a 9% increase in the monthly average network difficulty in November compared to October.
 
Mining revenue in November 2023 amounted to $5.30 million, an increase of 25% compared to the prior month (October 2023: $4.26 million). The increase in revenue was driven primarily by the increase in the price of Bitcoin. As of 30 November 2023, the Company's HODL remained at 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: 04 December, 2023
ARGO BLOCKCHAIN PLC
By: /s/ Jim MacCallum
Name: Jim MacCallum
Title: Chief Financial Officer
 
 
 
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