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Thu, 19th Sep 2019 16:46
(Alliance News) - Argo Blockchain PLC on Thursday said it now has 6,000 machines in production after installing another 1,000 new Antminer T17 Bitmain mining machines.
The cryptocurreny miner said it "expects to increase its installed base rapidly" in 2019 and has 6,000 additional machines or order, expected to be installed in the next two quarters.
A third-quarter operational update is scheduled for early October.
Shares in Argo were down 4.1% at 9.11 pence in London on Thursday afternoon.
IN BRIEF: Argo Blockchain's December Bitcoin mining revenue declines
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(Sharecast News) - Cryptocurrency miner Argo Blockchain updated the market on its operations in December, reporting that it mined 214 Bitcoin and Bitcoin equivalent (BTC) during the month, up from 185 BTC in November.
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