Press Release – Launch of Blockchain Initiative
January 22nd, 2024 – Argo Global is pleased to announce the launch of its blockchain initiative on January 22nd, 2024. This initiative utilizes our green energy systems and an immersion cooling system, which is projected to reduce data center operational costs by 80%.
Our testing phase incorporates three encryption algorithms: SHA256, Etchash, and Scrypt. These were selected due to their prevalence in the cryptocurrency sector and the significant power and heat demands generated during mining operations.
Argo Global is committed to ongoing development and refinement of our power and cooling systems for broader applications within the technology sector.
Please note that this announcement is for informational purposes only. Argo Global is not seeking financing or offering investment opportunities. We are a technology development company with a portfolio of over 60 underlying technologies currently used in various applications throughout the technology sector.