# Argo Blockchain Plans New Bitcoin Mining Facility In Texas

By Coinness

Canonical URL: https://www.tokenpost.com/news/business/6593
Published: 2021-02-10T10:13:07.000Z
Updated: 2021-02-10T10:23:53.000Z
Section: Business

> Publicly traded Bitcoin mining company Argo Blockchain (ARB) is planning to acquire land in West Texas for a new mining facility.

Publicly traded Bitcoin mining company Argo Blockchain (ARB) is planning to acquire land in West Texas for a new mining facility.

London Stock Exchange-listed Argo said it has signed a non-binding letter of intent with New York-based DPN LLC to acquire 320 acres of land to build a 200-megawatt data center over the next 12 months.