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.