The cryptocurrency miner said Esquier, the former director of engineering and research at one of North America’s largest mining co-location companies, will be responsible for overseeing Argo’s international partnerships, logistics and supply chain management, alternate site identification and development as well as immersion cooling operations.
Papadakis, meanwhile, will oversee the end-to-end operations in the company's newly acquired Quebec facilities, having previously worked as a manager of large-scale data centres for seven years.
"We are delighted to welcome Jean and Theodore to the Argo team. Their experience and expertise within the cryptocurrency mining and operations sectors are crucial as we continue to upscale our mining infrastructure and as the build out of our Texas facility continues," Argo chief executive Peter Wall said in a statement.
The firm also said it has received notice of the exercise of warrants of 71,046 shares at a price of 16p each, generating proceeds of £11,367.