Argo Blockchain (ARBK) Issues October 2022 Operational Update

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

Argo Blockchain PLC Announces October Operational Update

November 8, 2022 2:01 AM EST

October 2022 Operational Update

LONDON, UK / ACCESSWIRE / November 8, 2022 / Argo Blockchain plc, a global leader in cryptocurrency mining ("Argo" or "the Company") (LSE:ARB)(NASDAQ: ARBK), is pleased to provide the following operational update for October 2022.

During the month of October, Argo mined 204 Bitcoin or Bitcoin Equivalents (together, BTC) compared to 215 BTC in September 2022. The decrease in BTC mined was primarily due to a significant increase in the Bitcoin network difficulty in October compared to September.

As previously announced, the Company sold 3,843 new-in-box Bitmain S19J Pro machines... More