Argo Blockchain increased the production of bitcoins per month by 34% – Bits Media

The British mining company Argo Blockchain reported on the production of September 136 The government of Bulgaria demanded a report for the withdrawn cryptocurrency, approximately by 4,5 BTC per day. The growth of indicators compared to August compiled 34%. Mining revenue $3,59 million, What's on 23% more, than in the previous month.

Argo Blockchain command Explains an improvement in mining and profitability by increasing the profitability of crypto actual assets and a decrease in electricity costs. Also, an increase in the total cash flow was positively affected by the completion of the deployment procedure for the new park of mining equipment on farms in the Canadian Quebec. As of the end of September, the total capacity of the hashrate of the company's devices is approximately 2,8 Mother / s.

Despite the positive dynamics of September, The results of the ARGO BlockChain activities for the first half of the year were less impressive. The mining company has provided
shareholders are an unaiddest report on the results of activities for January-June 2023 of the year, where it says, that the revenue of the first half of the year $24 million, What's on 31% less, than for the past, the first half of the year.