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Argo Blockchain mines record 597 BTC during Q3 2021
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Cryptocurrency mining firm Argo Blockchain has just released its Q3 financial report detailing record setting revenues for the period.
The London headquartered company reported that it had mined 597 BTC and “BTC equivalents” during the third quarter of 2021. At current prices, Argo’s Bitcoin haul would be worth roughly $36.5 million.
As of Sept. 30, the firm had amassed holdings of 1,836 BTC (roughly $113 million at current prices).
Argo also reported a gross margin of 120% and a mining net margin
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