Cryptocurrency miner Argo Blockchain has announced that it is installing new 3,616 Bitmain machines to increase its mining capacity by 75%. The team took to Twitter to announce that the company has already taken delivery of 3616 Bitmain Antminer T17s machines. However, more 6384 T17s machines are on its way till January end. The new machines are said to increase the mining capacity by 204% by the end of 2020 Q1. Moreover, the already installed machines are expected to be operational by January 10, 2020.
Recently, Argo blockchain has changed its CEO. With Peter Wall becoming the CEO, the firm aims to become the World’s largest Publicly-listed Crypto Miner.