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IN BRIEF:Argo Blockchain Hails Strong Mining Revenue Performance

Tue, 05th Jan 2021 17:34

Argo Blockchain PLC - UK-based cryptocurrency miner - Has mined 96 Bitcoin or Bitcoin Equivalent in December compared to 115 Bitcoin Equivalent in November. This takes the total amount of BTC mined year-to-date to 2,465 BTC. Mining revenue in December was GBP1.6 million, up from GBP1.5 million in November.

"I am delighted that Argo has delivered strong mining revenue for December and at such a healthy margin. The Bitcoin market has entered 2021 on a roll, and we are very optimistic this year will continue to see an increasing mainstream adoption of cryptocurrency. We look to the future with much optimism," says Chief Executive Peter Wall.

Current stock price: 56.00 pence

Year-to-date change: up 67%

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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