Argo Blockchain Achieves Increased Mining Revenue

Argo Blockchain Plc Adr (ARBK) has released an update.

Argo Blockchain Plc reported a productive March with a 5% increase in daily Bitcoin mining despite higher network difficulty, generating $7.0 million in revenue, a 55% surge from the previous month. The company successfully transferred its operations to Baie Comeau, Quebec after selling its Mirabel facility, with negligible impact on production. As of the end of March, Argo held digital assets equivalent to 26 Bitcoin and continues to optimize operations ahead of the upcoming Bitcoin halving event.

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