Seeking Alpha
2021-01-05 11:01:15

Argo Blockchain mined 96 bitcoin in December

Argo Blockchain (ARBKF) has mined 96 Bitcoin or Bitcoin Equivalent (BTC) in December vs. to 115 Bitcoin Equivalent in November.The company mined YTD 2,465 BTC. Mining revenue in December was £1.63M vs. £1.48M in November.The company generated income at an average monthly mining margin of ~60% for the month of December vs. 57% in November. Peter Wall, Chief Executive of Argo, said: “I am delighted that Argo has delivered strong mining revenue for December and at such a healthy margin. The Bitcoin market has entered 2021 on a roll, and we are very optimistic this year will continue to see an increasing mainstream adoption of cryptocurrency. We look to the future with much optimism.”

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