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Argo Blockchain Mining Revenue Rose 32% in October
The company mined 167 bitcoin or bitcoin equivalent during the month.
Updated May 11, 2023, 4:04 p.m. Published Nov 8, 2021, 9:55 a.m.
Crypto mining company Argo Blockchain (LSE: ARB) said mining revenue rose 32% in October from the month before to £7.24 million ($9.75 million).
- The company mined 167 bitcoin or bitcoin equivalent, according to an announcement Monday, up from 165 in September.
- The new coins bring the company’s total production for the year to 1,646 and take the total owned to 2,128 bitcoin or bitcoin equivalent.
- Mining capacity grew by an additional 220 petahash per second to a total of 1.295 exahash per second.
- Read more: Argo Blockchain Shares Fall After Workers Accidentally Share Non-Public Information
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