viewArgo Blockchain PLC

Argo Blockchain 'adds more capacity to fleet' with 4,500 'latest and greatest machines' from Bitmain

Argo Blockchain PLC's (LON:ARB) Peter Wall talks to Proactive London about an equipment lease with Celsius Network for 4,500 Bitmain Antminer S19 and S19 pro miners for a term of 24 months.

Wall describes these machines as the 'latest and greatest machines' available at a time when he is 'extremely bullish' on the Bitcoin market.

Wall also explains how Bitcoin transaction fees have gone up which is another way Bitcoin miners can make a profit.

He says the most important thing is to take financial opportunities and put that into mining opportunities, 'a really great way to grow and bring in more Bitcoin revenue'.

Quick facts: Argo Blockchain PLC

Price: 248.737 GBX

Market: LSE
Market Cap: £903.02 m

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