Argo mined more bitcoins, increased revenue — despite network difficulty


The quantity of bitcoin mined day by day by Argo Blockchain and the mining firm’s income elevated in February.

Final month, the dual-listed blockchain know-how firm mined 162 bitcoins or equivalents, equating to five.7 bitcoins per day — a rise of seven% over January’s common — it reported in a press release.

Contemplating February’s day by day overseas trade charges and crypto costs, Argo’s mining income amounted to $3.76 million — a rise over January’s $3.42 million.

Argo’s assertion notes that it was capable of see these will increase regardless of a double-digit month-to-month rise in Bitcoin’s common community problem.

The corporate held 101 bitcoins or equivalents on Feb. 28, and its complete hash price capability stays at 2.5 EH/s.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button