19/09/19 12:00 UTC-4

Argo Blockchain has installed 1000 new cryptocurrency mining machines

MiningArgo Blockchain launches 1000 new mining machines
Argo Blockchain launches 1000 new mining machines

Argo BlockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
, a UK-based cryptocurrency miningMining
– is a type of activity for creating new blocks in the Blockchain to ensure proper system operation. Details
service provider, is setting up another 1000 mining machines, according to ProactiveInvestors financial news agency on September 19th.


New Argo Blockchain mining machines

"We are pleased to announce that after the installation of 1000 new mining machines, the total number of machines in production increased to 6000. In addition, we plan to purchase another 6000." – Argo Blockchain.

The company expects to quickly increase its installed base by the end of this year. An additional 6000 vehicles are in orderOrder
– automatic application to buy or sell cryptocurrency. Orders are used during trading on the stock exchange to open and close a position. Details
and are expected to be installed within the next two quarters.

Interesting in the section: Nuvoo Mining: overview of the Cloud-Mining Service

  • The Argo Blockchain reports, which were released in August, indicated that the company had signed an agreement to increase electricity supplies by 357%, which would be enough to power additional cars.
  • The company plans to provide operating data for the third quarter in early October.


See also: "China will clean miners in Mongolia and may ban mining of cryptocurrencies in the country"

#ArgoBlockchain #mining #cryptocurrencies

Editor: Yuliya Soroka


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