Cheap, green power brings crypto mining to West Texas

Argo plans to establish a 200-megawatt mining facility on the Texas site within 12 months. Argo Blockchain CEO Peter Wall said the deal "not only gives us greater control over our mining operations but also the ability to meaningfully expand our mining capacity on a large scale. We now have access to some of what we believe is the cheapest renewable energy worldwide, in a location where innovation in new technologies is encouraged and incentivized.”