Argo Blockchain Plc (ARBK) Issues June 2024 Operational Update
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Argo Blockchain plc, a global leader in cryptocurrency mining (NASDAQ: ARBK), is pleased to provide the following operational update for June 2024.
During the month of June, the Company mined 44 Bitcoin or Bitcoin Equivalents (together, "BTC"), or 1.5 BTC per day. This is consistent with May's production.
Mining revenue in June 2024 amounted to $2.9 million (May 2024: $2.9 million). For the month of June, the Company has seen mining margins of approximately 30%. As at 30 June 2024, the Company held 11 BTC equivalent.
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