Argo Blockchain Reported Mining Revenue Of $3.9M In December Vs $3.4M In November

Benzinga

07 Jan

Argo Blockchain plc (LSE:ARB)(NASDAQ: ARBK) is pleased to provide the following operational update for December 2024.During the month of December, the Company mined 39 Bitcoin ("BTC"), or 1.3 BTC per day, consistent with

Argo Blockchain plc (LSE:ARB)(NASDAQ:ARBK) is pleased to provide the following operational update for December 2024.

During the month of December, the Company mined 39 Bitcoin ("BTC"), or 1.3 BTC per day, consistent with November's production.

Mining revenue in December 2024 amounted to $3.9 million, an increase from $3.4 million in November 2024 due to the higher hashprice and BTC price realized in December as compared to November. As at 31 December 2024, the Company held two BTC equivalent.

As previously announced, the Company's hosting agreement with Galaxy ended on December 28, 2024. The 23,619 S19J Pros at the Galaxy site will be refurbished so they can be used in an air cooled facility. The Company is currently evaluating alternative sites to rehost the machines.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2501647228"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2501647228\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2501647228?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-01-07 15:09","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2501647228","market":"hk","top_or_hot":-1,"title":"Argo Blockchain Reported Mining Revenue Of $3.9M In December Vs $3.4M In November","media":"Benzinga","content":"<html><body><p>Argo Blockchain plc (LSE:ARB)(NASDAQ: ARBK) is pleased to provide the following operational update for December 2024.During the month of December, the Company mined 39 Bitcoin (\"BTC\"), or 1.3 BTC per day, consistent with</p><p>Argo Blockchain plc (LSE:ARB)(NASDAQ:ARBK) is pleased to provide the following operational update for December 2024.</p><p>During the month of December, the Company mined 39 Bitcoin (\"BTC\"), or 1.3 BTC per day, consistent with November's production.</p><p>Mining revenue in December 2024 amounted to $3.9 million, an increase from $3.4 million in November 2024 due to the higher hashprice and BTC price realized in December as compared to November. As at 31 December 2024, the Company held two BTC equivalent.</p><p>As previously announced, the Company's hosting agreement with Galaxy ended on December 28, 2024. The 23,619 S19J Pros at the Galaxy site will be refurbished so they can be used in an air cooled facility. The Company is currently evaluating alternative sites to rehost the machines.</p> </body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta content=\"text/html; charset=utf-8\" http-equiv=\"Content-Type\"/>\n<meta content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\" name=\"viewport\"/>\n<meta content=\"telephone=no,email=no,address=no\" name=\"format-detection\"/>\n<title>Argo Blockchain Reported Mining Revenue Of $3.9M In December Vs $3.4M In November</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nArgo Blockchain Reported Mining Revenue Of $3.9M In December Vs $3.4M In November\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\">\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2025-01-07 15:09</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>Argo Blockchain plc (LSE:ARB)(NASDAQ: ARBK) is pleased to provide the following operational update for December 2024.During the month of December, the Company mined 39 Bitcoin (\"BTC\"), or 1.3 BTC per day, consistent with</p><p>Argo Blockchain plc (LSE:ARB)(NASDAQ:ARBK) is pleased to provide the following operational update for December 2024.</p><p>During the month of December, the Company mined 39 Bitcoin (\"BTC\"), or 1.3 BTC per day, consistent with November's production.</p><p>Mining revenue in December 2024 amounted to $3.9 million, an increase from $3.4 million in November 2024 due to the higher hashprice and BTC price realized in December as compared to November. As at 31 December 2024, the Company held two BTC equivalent.</p><p>As previously announced, the Company's hosting agreement with Galaxy ended on December 28, 2024. The 23,619 S19J Pros at the Galaxy site will be refurbished so they can be used in an air cooled facility. The Company is currently evaluating alternative sites to rehost the machines.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ARBK","symbol_name":"Argo Blockchain Plc","start_time":0,"source_url":"https://www.benzinga.com/news/earnings/25/01/42836906/argo-blockchain-reported-mining-revenue-of-3-9m-in-december-vs-3-4m-in-november","article_id":"2501647228","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2501647228","pubTimestamp":1736233759,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":"Argo Blockchain plc (LSE:ARB)(NASDAQ: ARBK) is pleased to provide the following operational update for December 2024.During the month of December, the Company mined 39 Bitcoin (&#34;BTC&#34;), or 1.3 BTC per day, consistent withArgo Blockchain plc (LSE:ARB)(NASDAQ:","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"ARBK":"Argo Blockchain Plc","ARGO":"阿尔戈国际控股集团有限公司"},"translate_title":"Argo Blockchain报告12月份采矿收入为390万美元，而11月份为340万美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARGO":1,"ARBK":0.9},"content_text":"Argo Blockchain plc (LSE:ARB)(NASDAQ: ARBK) is pleased to provide the following operational update for December 2024.During the month of December, the Company mined 39 Bitcoin (\"BTC\"), or 1.3 BTC per day, consistent withArgo Blockchain plc (LSE:ARB)(NASDAQ:ARBK) is pleased to provide the following operational update for December 2024.During the month of December, the Company mined 39 Bitcoin (\"BTC\"), or 1.3 BTC per day, consistent with November's production.Mining revenue in December 2024 amounted to $3.9 million, an increase from $3.4 million in November 2024 due to the higher hashprice and BTC price realized in December as compared to November. As at 31 December 2024, the Company held two BTC equivalent.As previously announced, the Company's hosting agreement with Galaxy ended on December 28, 2024. The 23,619 S19J Pros at the Galaxy site will be refurbished so they can be used in an air cooled facility. The Company is currently evaluating alternative sites to rehost the machines.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":1}}}