Argo Blockchain Plc (ARBK)

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Argo Blockchain PLC Announces April Operational Update

May 4, 2023 2:01 AM EDT

LONDON, UK / ACCESSWIRE / May 4, 2023 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ: ARBK), is pleased to provide the following operational update for April 2023.

During the month of April, Argo mined 144 Bitcoin or Bitcoin Equivalents (together, "BTC"), or 4.8 BTC per day. This is a decrease of 8% compared to the 5.2 BTC per day produced in March 2023. The decrease in BTC production is primarily driven by an 8% sequential increase in the average network difficulty during the month of April.

As of 30 April 2023, the Company held 83 Bitcoin or Bitcoin... More