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