Argo to Increase Mining Capacity by 240%; Orders 10,000 Mining Machines – Coinfomania
Publicly listed cryptocurrency mining company, Argo Blockchain, said on Wednesday, that it has increased the order for Bitcoin mining machines from 5,000 to 10,000, in an effort to expand its mining capacity. According to a from Proactive Investors, the cryptocurrency miner replaced a previous order for 5,000 Antminer S17s, which cost about $13.09 million, with an expansion order for 10,000 Antminer T17s, at the price of $9.51 million.