RNS2 Jan 2020 07:08
Further to the announcement of 30 October 2019, the Company is pleased to announce that it has taken delivery of 3,616 Bitmain Antminer T17 machines which are being installed and expected to be operational by January 10th, 2020.
The new machines represent 159 petahash (PH), an increase of 75% from the Company's existing installed base of mining machines.
Argo is on track to operate a total production base of approximately 17,000 machines, or 640PH, by the end of the first quarter of 2020, increasing the Company's total mining capacity by 204% from its current base.
The remaining 6,384 machines required to achieve this target are on order and expected to be delivered in batches from early January.