Argo Blockchain Plc (ARBK) Mined 172 Bitcoins in January 2022
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Argo Blockchain PLC Announces January 2022 Operational Update
February 7, 2022 2:01 AM ESTLONDON, UK / ACCESSWIRE / February 7, 2022 /
Operational Update
Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ: ARBK), is pleased to provide the following operational update for January 2022.
During the month of January, Argo mined 172 Bitcoin or Bitcoin Equivalent (together, BTC) compared to 214 BTC in December 2021. This reduction during January is primarily due to an increase in network difficulty.
Based on daily foreign exchange rates and cryptocurrency prices during the month, mining revenue in January amounted to 5.26 million [$7.10 million*] (December 2021: 7.82 million [$10.55 million*]).
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