IN BRIEF: Argo Blockchain bitcoin production falls in September

Argo Blockchain PLC - London-based cryptocurrency miner with operations in North America - Says September mining revenue is USD2.2 million, down 4.3% from USD2.3 million in August. The company mined 37 bitcoin in September, or 1.2 bitcoin per day, consistent with levels reported for August.

Bitcoin production has been impacted by economic curtailments during the month, as well as a low hash price. Third-quarter mining margin is below 10%, lower than the second quarter due to the lower third-quarter hash price and higher power prices. The company holds 4 bitcoin equivalent at September 30.

Current stock price: 8.64 pence, up 0.5% in London on Friday afternoon

12-month change: up 6.7%

By Emily Parsons, Alliance News reporter

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