Furthermore, Canaccord’s Joseph Vafi said “after adding 600 petahash of new hydro-driven mining capacity in Quebec during Q2, all the pieces are coming together for the company to further, materially expand its hash rate capacity in 2022, leverating 200MW of cheap, Texas wind power and recently placed orders for new Bitcoin (BTC) miners.” His 12-month price target is $24 for the miner’s stock.
Argo Blockchain’s Texas Mining Facility Will Propel Shares Higher, Analysts Say
