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Argo Blockchain Installs 4,500 Crypto Mining Machines From Celsius Network

Argo Blockchain said it installed 4,500 cryptocurrency mining machines from Celsius Network.

Updated Sep 14, 2021, 12:17 p.m. Published Feb 26, 2021, 10:50 a.m. 1 min read
Crypto mining machines

U.K.-listed Argo Blockchain (LON: ARB) said it has installed 4,500 cryptocurrency mining machines from Celsius Network.

  • Announced in a news release by the London Stock Exchange Friday, the cryptocurrency mining firm said the Bitmain Antminer S19 and S19 pro miners have been installed and are now operational.
  • The installation has added 430 petahash to the company's installed computing power and is consuming approximately 15 megawatts of electricity, said the firm.
  • "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," said Peter Wall, chief executive of Argo Blockchain.
  • This is the final delivery of Antminers under Argo's lease with Celsius Network.

Read more: Argo Blockchain Gets Priority Access to ePIC’s Bitcoin Miner Production, Starts With $8M Buy

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(Win McNamee/Getty Images)

CNBC reported Tuesday that Musk is discussing a merger between Tesla and SpaceX that would tie his tech empire closer together and instantly create the world’s fifth-largest corporate bitcoin treasury, worth $3.3 billion.

知っておくべきこと:

  • Elon Musk is exploring a potential merger of Tesla and SpaceX, a move that would deepen operational overlap in areas such as power infrastructure and AI-related computing.
  • A combined Tesla-SpaceX entity would control about 30,221 bitcoin, worth roughly $3.3 billion, making it the fifth-largest public corporate holder of the cryptocurrency.