Argo Blockchain to Buy 20,000 Mining Machines for West Texas Data Center

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Crypto mining agency Argo Blockchain has agreed to purchase 20,000 mining machines for the info heart it’s constructing in West Texas.

  • The Bitmain Antminer S19J Pro machines will improve London-based Argo’s hashrate by greater than 2 exahash to a complete of three.7 exahash by the top of third-quarter 2022, the corporate announced Thursday.
  • The deposit for the order is being funded by Argo’s money reserves. The firm didn’t give a price for the order and had not responded to a request for extra data by press time.
  • The machines shall be dispatched to the West Texas knowledge heart beginning within the second quarter subsequent yr.
  • Argo accomplished the land buy for the brand new knowledge heart in March this yr.

Read extra: Argo Blockchain Raises $112.5M in US Share Sale