Bitmain

Bitcoin mining company Argo Blockchain is on a new adventure as it sets up shop in West Texas, a growing North American mecca for the industry.

“We are really excited about this site,” Argo CEO Peter Wall recently told Bitcoin Magazine. “We purchased a 320-acre plot which has access to 800 megawatts of electrical power. Over the next 12 months, we will build a new 200 megawatt mining facility.”

Texas Governor Greg Abbott has opened his arms to bitcoin miners, signalling support for new cryptocurrency laws and promoting innovation in digital asset technology for his state.

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