Argo Blockchain PLC's (LON:ARB) Peter Wall talks to Proactive London about an equipment lease with Celsius Network for 4,500 Bitmain Antminer S19 and S19 pro miners for a term of 24 months.
Wall describes these machines as the 'latest and greatest machines' available at a time when he is 'extremely bullish' on the Bitcoin market.
Wall also explains how Bitcoin transaction fees have gone up which is another way Bitcoin miners can make a profit.
He says the most important thing is to take financial opportunities and put that into mining opportunities, 'a really great way to grow and bring in more Bitcoin revenue'.
