Argo Blockchain Borrows $70M From NYDIG to Buy Mining Rigs

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Crypto miner Argo Blockchain is borrowing $70.6 million from a subsidiary of New York Digital Investment Group to fund the purchase of mining equipment for its Helios facility in Texas. By egreechee

Crypto miner Argo Blockchain is borrowing $70.6 million from a subsidiary of New York Digital Investment Group to fund the purchase of mining equipment for its Helios facility in Texas.back in MarchArgo expects the Helios facility in Dickens county to operate at 200 megawatts of electricity, but has the capacity to be ramped up to 800 MW, which would make it one of the largest mines in the world. The firm is one of a few buying Intel's new mining chips.

£29.6 million in unsecured debt by issuing of senior notes that are traded on the Nasdaq Global Select Market, according to its annual earnings report.Austin, Texas

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

egreechee XMetaverse_ X-Metaverse is a blockchain game developed by Cocos3D and can run on Android, iOS and PC. All game content items and characters are based on blockchain tokens and NFTs. The visual effects and gameplay of X-Metaverse are inspired by StarCraft and Star Wars.

egreechee Tagcoin has its own swap engine built over Pancakeswap. I am happy with the technological innovation. pancakeswap

egreechee I see... getting ready for the next winter's energy crisis

egreechee Certic approval has been received, scoring is expected ✅ It is expected that the transition to the Eth network tests are over ✅ I will have 750 million Cremations in June ✅ ✅ The CEO announced that soon the top 5 will enter the stock market mefa $mefa

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Algorand becomes 2022 Qatar World Cup’s new blockchain partnerThe Algorand network has signed a deal to become the official blockchain technology partner of the 2022 FIFA World Cup in Qatar, and the 2023 Women’s World Cup in Australia and New Zealand. See related article: What is Algorand and why is it a blockchain to watch? Fast facts Algorand will assist...
Source: CryptoPanicCom - 🏆 563. / 51 Read more »

Top Blockchain Development Companies to Look into in 2022 | HackerNoonSeeking a blockchain developer? Or looking for blockchain development company for your next BIG idea with experience and expertise? Here's my research and compa
Source: hackernoon - 🏆 532. / 51 Read more »

Ex-Nintendo CEO acknowledges blockchain holds potential for gaming experiencesWhile the perception of blockchain and play-to-earn technology is still unfavorable among some conventional gamers, certain veterans of the gaming... Continue reading
Source: CryptoPanicCom - 🏆 563. / 51 Read more »

Nym Technologies raises $300M to advance internet privacy, sending token price upNYM token price surged as Swiss privacy startup Nym Technologies announces a successful funding round of $300 million. The company aims to finance the development of privacy-enhancing technologies. BlackJack and Roulette will launch this month on PuntCrypto, a decentralized gaming and gambling platform. Soon you can earn NFTs for gaming Know the Odds. Have the Edge. Stake $PUN and be the house. CryptoPunt PuntCrypto is a Polygon-based gaming and gambling platform that offers cutting-edge gaming experiences Every game has an openly auditable algorithm allowing gamers to verify the fairness of their games Easy registration and no KYC. Such a good purpose for them
Source: Cointelegraph - 🏆 562. / 51 Read more »