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IN BRIEF: Argo Blockchain Installs 4,500 New Mining Machines

26th Feb 2021 14:20

Argo Blockchain PLC - cryptocurrency miner - Installs 4,500 Bitmain Antminer S19 and S19 pro miners from Celsius Network, which are now fully operational. The new mining hardware has added 430 petahash to the company's installed computing power and consumes 15 megawatts of electricity.

"We are delighted with the addition of these machines and believe that this installation will help Argo maintain its position at the forefront of mining efficiency," says Chief Executive Peter Wall.

Current stock price: 244.44 pence, down 5.3% on Friday

Year-to-date change: up from 33.00p as at the end of 2020

By Evelina Grecenko; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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