Argo Blockchain Plc (ARBK) Reports Interim H1'22 Results

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Go back to Argo Blockchain Plc (ARBK) Reports Interim H1'22 Results

Argo Blockchain PLC Announces Interim Half Year Results 2022

August 24, 2022 4:31 PM EDT

Argo Blockchain plc ("Argo" or "the Group") Interim Half Year Results 2022

LONDON, UK / ACCESSWIRE / August 24, 2022 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ: ARBK), is pleased to announce its results for the six months to 30 June 2022.

Financial Highlights

Total number of Bitcoin and Bitcoin Equivalent ("BTC") mined during H1 2022 was 939, a 6% increase over the BTC mined in H1 2021

Revenues of 26.7 million ($32.5 million), a decrease of 14% from H1 2021, driven primarily by a decrease in Bitcoin price and an increase in the global... More