The company also completed the signing of definitive agreements for 12,246 units of bitcoin mining machines with a total hashrate of 288PH/S.
Once active, these additional miners will increase the firm’s bitcoin mining hashrate by 93%.
The Chinese bitcoin miner manufacturer will ship and install A1246 ASIC AvalonMiners for Mawson Infrastructure.
Argo Blockchain said it installed 4,500 cryptocurrency mining machines from Celsius Network.
Last month’s bitcoin price crash has prompted manufacturers to sell their mining devices at discounts as steep as 20 percent ahead of the May halving.