Bitcoin Miner Argo Raises Hashrate Guidance Thanks to Intel Mining Chips
Bitcoin (BTC) miner Argo Blockchain’s (ARBK) raised 2022 hashrate guidance to 5.5 exahash per second (EH/s), an almost 50% increase from previous guidance of 3.7 EH/s, mostly driven by mining rigs that use Intel’s (INTC) new chips.
“With our mining operations at Helios [the company's flagship mining facility located in Dickens County, Texas] expected to commence in May, along with the development of custom mining machines using Intel’s next-generation Blockscale ASIC chips, Argo is well-positioned to continue its growth with a focus on delivering for our shareholders,” said CEO Peter Wall in a statement.
Source
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