Argo Blockchain Mining Revenue Rose 32% in October
Crypto mining company Argo Blockchain (LSE: ARB) said mining revenue rose 32% in October from the month before to £7.24 million ($9.75 million).
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The company mined 167 bitcoin or bitcoin equivalent, according to an announcement Monday, up from 165 in September.
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The new coins bring the company’s total production for the year to 1,646 and take the total owned to 2,128 bitcoin or bitcoin equivalent.
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Mining capacity grew by an additional 220 petahash per second to a total of 1.295 exahash per second.
Jamie Crawley is a CoinDesk news reporter based in London.
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