Argo Blockchain Appoints New CEO, Seeks Hosting for 23,000 S19j Pros

Argo Blockchain has named Justin Nolan as its new Chief Executive Officer, replacing the previous leader. TheMinerMag reports that this management change stems from the urgent need to locate new facilities for 23,000 S19j Pro rigs previously hosted by Galaxy Digital in Texas.

Following contract termination with its former partner, Argo is searching for data centers capable of providing the necessary power capacity. Relocating equipment on such a large scale requires careful logistics and substantial infrastructure investments.

Under Nolan’s leadership, the company is expected to focus on securing deals with suitable facilities. Shareholders anticipate a swift resolution that enables the firm to restore full-scale Bitcoin mining operations.