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Argo Blockchain to Buy 20,000 Mining Machines for West Texas Data Center
The 20,000 Bitmain Antminer S19J Pro machines will increase Argo’s hashrate by more than 2 exahash.
Crypto mining firm Argo Blockchain has agreed to buy 20,000 mining machines for the data center it is building in West Texas.
- The Bitmain Antminer S19J Pro machines will increase London-based Argo’s hashrate, a measure of computing power, by more than 2 exahash to a total of 3.7 exahash by the end of third quarter of next year, the company announced Thursday.
- The deposit for the order is being funded by Argo’s cash reserves. The company declined to give a value for the order.
- The machines will be dispatched to the West Texas data center starting in the second quarter next year.
- Argo completed the land purchase for the new data center in March.
STORY CONTINUES BELOW
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Read more: Argo Blockchain Raises $112.5M in US Share Sale
UPDATE (SEPT 30, 10:21 UTC): Adds Argo declines to give value of order.
Jamie Crawley
Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.
