Argo Blockchain mines 37 bitcoins in September

seekingalpha
2024-10-04
  • Argo Blockchain (NASDAQ:ARBK) mined 37 bitcoins, or 1.2 BTC per day, in September 2024, consistent with August's production.
  • Mining revenue in September 2024 amounted to $2.2M, compared to $2.2M last month.
  • The mining margin for the third quarter fell below 10%, decreasing from the second quarter due to a lower hash price realized and increased power costs during the same period.
  • As of 30 September 2024, the company held 4 BTC equivalent.

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