Argo Blockchain (ARBK) Issues September Operational Update

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Go back to Argo Blockchain (ARBK) Issues September Operational Update

Argo Blockchain PLC Announces September Operational Update

October 5, 2023 2:05 AM EDT

September Operational Update

LONDON, UK / ACCESSWIRE / October 5, 2023 / Argo Blockchain plc ("Argo" or "the Company"), a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ: ARBK), is pleased to provide the following operational update for September 2023.

During the month of September, the Company mined 136 Bitcoin or Bitcoin Equivalents (together, "BTC"), or 4.5 BTC per day, and accrued significant power credits from economic curtailment. The power credits reduce the Company's electricity costs, improve its mining margin, and increase its cash flow. The 34% increase in BTC mined compared to August... More