Another 5,500 machines are currently on order and expected to be installed by the end of the quarter
() has increased the number of Bitcoin mining machines in production to 6,500 following the installation of 500 new Antminer T17’s.
READ: Argo Blockchain’s third-quarter revenues jump 75%
The cryptocurrency miner said an additional 5,500 machines were currently on order and were expected to be installed by the end of the current quarter.
Analysts at Mirabaud said previously that once the remaining 5,500 machines are installed, Argo’s monthly income is expected to exceed £1.6mln.
Read More: Argo Blockchain PLC increases number of Bitcoin mining machines to 6,500