Argo Blockchain, a key player in the cryptocurrency mining sector, has released its operational update for June 2024, revealing consistent mining output of 44 Bitcoin or Bitcoin Equivalents. The company generated $2.9 million in revenue with a mining margin of around 30%, holding 11 Bitcoin equivalents by the end of the month.
Argo Blockchain (GB:ARB), a prominent player in cryptocurrency mining, released its June 2024 operational update. The company reported mining 44 Bitcoin or Bitcoin Equivalents, maintaining a steady daily production rate similar to the previous month. This mining activity resulted in $2.9 million in revenue, with mining margins at about 30%. As of the end of June, Argo Blockchain held 11 Bitcoin equivalents.
