Mining News

Argo Blockchain mining revenue rises amid rising hash price

Argo Blockchain PLC — a blockchain technology company focused on cryptocurrency mining with operations in the U.S. and Canada — mined 39 bitcoins in December or 1.3 bitcoins per day, which it says is in line with November production. Mining revenue increased 15% to US$3.9 million in December, from US$3.4 million in November, amid higher hashrate and bitcoin price in December.

Current share price: 4.86 pence per share, down 7.4% on Tuesday morning in London

Change over 12 months: Decreased by 78%

By Tom Podszos, Alliance News Editor

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