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


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