Argo Blockchain Plc (ARBK) Reports March 2024 Operational Update

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Go back to Argo Blockchain Plc (ARBK) Reports March 2024 Operational Update

Argo Blockchain PLC Announces March Operational Update

April 5, 2024 2:02 AM EDT

LONDON, ENGLAND / ACCESSWIRE / April 5, 2024 / Argo Blockchain plc ("Argo" or "the Company") (LSE:ARB)(NASDAQ: ARBK), a global leader in cryptocurrency mining, is pleased to provide the following operational update for March 2024.

During the month of March, the Company mined 103 Bitcoin, or 3.3 Bitcoin per day. This is a 5% increase in daily Bitcoin production compared to the prior month, despite a 4% higher average network difficulty in March 2024.

In March 2024, the Company sold its Mirabel facility and relocated its mining machines from Mirabel to its facility in Baie Comeau, Quebec. The... More