on Argo Blockchain PLC (LON:ARB)
Argo Blockchain PLC Announces July Ops Update
Argo Blockchain plc, a leading cryptocurrency mining firm, reported its operational update for July 2024. The company mined 48 Bitcoin or Bitcoin Equivalents (BTC) during the month, maintaining an average of 1.5 BTC per day, consistent with June 2024.
July's mining revenue reached $3.0 million, similar to June's $2.9 million. However, the mining margin for July was in the mid-20% range, lower than June due to a reduced hash price. As of July 31, 2024, Argo held 11 BTC equivalent.
This announcement contains inside information.
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