Argo Blockchain (GB:ARB) has released an update.
In its June 2024 operational update, Argo Blockchain, a leading cryptocurrency mining company, reported mining 44 Bitcoin or Bitcoin Equivalents, maintaining the same daily production rate as the previous month. Despite consistent mining output, the company generated $2.9 million in revenue with mining margins at approximately 30%. The update also noted that Argo Blockchain held 11 BTC equivalents at the end of June.
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