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Argo Blockchain Mining Revenue Rose 32% in October
The company mined 167 bitcoin or bitcoin equivalent during the month.
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
Jamie Crawley
Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.
