Argo Blockchain Plc (ARBK) Issues April 2022 Operational Update

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Go back to Argo Blockchain Plc (ARBK) Issues April 2022 Operational Update

Argo Blockchain PLC Announces April 2022 Operational Update

May 9, 2022 2:01 AM EDT

LONDON, ENGLAND / ACCESSWIRE / May 9, 2022 / Argo Blockchain PLC

Operational Update

Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ: ARBK), is pleased to provide the following operational update for April 2022.

During the month of April, Argo mined 166 Bitcoin or Bitcoin Equivalent (together, BTC) compared to 163 BTC in March 2022.

Based on daily foreign exchange rates and cryptocurrency prices during the month, mining revenue in April amounted to 5.52 million [$6.83 million*] (March 2022: 5.22 million [$6.92 million*]).

Argo generated this income at a Bitcoin and Bitcoin Equivalent Mining Margin of... More