Argo Blockchain’s Mining Revenue Increased 15% in November as It Added Capacity

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Argo Blockchain’s bitcoin mining income elevated about 15% to £8.29 million ($11 million) in November from October as it elevated mining capability.

  • The London-based firm mined 185 bitcoin “or bitcoin equivalent,” up from 167 in October.
  • Its whole manufacturing for 2021 is 1,831, the company announced Tuesday.
  • Mining revenue additionally rose about 15%, hitting £7.13 million ($9.63 million).
  • Mining capability grew by 310 petahash per second to 1.605 exahash per second as of end-November.
  • Argo Blockchain (LSE: ARB, NASDAQ: ARBK) is the one crypto miner listed on the London Stock Exchange. It began buying and selling on the Nasdaq Global Market in September.
  • The London shares had been buying and selling about 5% greater at publication time.

Read extra: Argo Blockchain Achieves Record Revenue in Third Quarter