Altszn.com
  • Home
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
    • Monero
    • XRP
    • Zcash
  • Web3
  • DeFi
  • NFTs
No Result
View All Result
Altszn.com
  • Home
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
    • Monero
    • XRP
    • Zcash
  • Web3
  • DeFi
  • NFTs
No Result
View All Result
Altszn.com
No Result
View All Result

Argo Blockchain delivers revenue and margin expansion in December

Altszn.com by Altszn.com
January 5, 2021
in Blockchain
0
Argo Blockchain delivers revenue and margin expansion in December
399
SHARES
2.3k
VIEWS
Share on FacebookShare on Twitter


The crypto mining firm reported revenues for the month of £1.63mln, up from £1.48mln in November, which was generated with an average monthly mining margin of around 60% compared to 57% in the prior month

() has reported higher revenues and margins from its cryptocurrency mining operations in December and offered a positive outlook for the year ahead.

In an update on its operations, the firm reported revenues for the month of £1.63mln, up from £1.48mln in November, which was generated with an average monthly mining margin of around 60% compared to 57% in the prior month.

READ: Argo Blockchain unveils investment in Luxor Technologies

The company also said it had mined 96 Bitcoin or Bitcoin equivalent (BTC) in the month compared to 115 BTC in November, taking the total amount mined in the year-to-date to 2,465 BTC.

At the end of 2020, Argo said it held 209 BTC, in accordance with its asset management strategy, while its total mining capacity stood at 16,000 machines.

The firm added that its equipment leasing agreement with fellow crypto firm Network, which is scheduled to deliver 4,500 Bitmain Antminer S19 and S19 Pro mining machines, is on schedule and expected to be operational by February.

“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”, Argo chief executive Peter Wall said in a statement.



Read more:Argo Blockchain delivers revenue and margin expansion in December

Tags: Argobitcoin news todayBlockchainDecemberdeliversExpansionmarginRevenue
ADVERTISEMENT

Recent

What does Taro Mean for Bitcoin DeFi?

June 5, 2023

Ripple Price Analysis: Bulls In Control Above $0.50

June 5, 2023

Render Network’s Distributed GPU Compute to Power Metaverse

June 5, 2023

Categories

  • Altcoins (267)
  • Bitcoin (8,537)
  • Blockchain (8,168)
  • Crypto (12,910)
  • Dark Web (816)
  • DeFi (5,059)
  • Ethereum (3,950)
  • Exchanges (472)
  • Metaverse (5,958)
  • Monero (496)
  • NFT (4,305)
  • Psychedelic Stocks (800)
  • Solana (1,879)
  • Web3 (10,733)
  • XRP (16)
  • Zcash (342)

Category

Advertise

Advertise your site, company or product to millions of web3, NFT and cryptocurrency enthusiasts. Learn more

Useful Links

Advertise
DMCA
Contact Us
Privacy Policy
Shipping & Returns
Terms of Use

Resources

Exchanges
Changelly
Web3 Jobs

Recent News

What does Taro Mean for Bitcoin DeFi?

June 5, 2023

Ripple Price Analysis: Bulls In Control Above $0.50

June 5, 2023

© 2022 Altszn.com. All Rights Reserved.

No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3

© Altszn.com. All Rights Reserved.

  • bitcoinBitcoin (BTC) $ 26,872.00
  • ethereumEthereum (ETH) $ 1,872.00
  • tetherTether (USDT) $ 0.998852
  • bnbBNB (BNB) $ 301.61
  • usd-coinUSD Coin (USDC) $ 0.999651
  • xrpXRP (XRP) $ 0.530418
  • staked-etherLido Staked Ether (STETH) $ 1,872.07
  • cardanoCardano (ADA) $ 0.375344
  • dogecoinDogecoin (DOGE) $ 0.071606
  • solanaSolana (SOL) $ 21.59
  • matic-networkPolygon (MATIC) $ 0.884759
  • tronTRON (TRX) $ 0.081344
  • litecoinLitecoin (LTC) $ 92.88
  • polkadotPolkadot (DOT) $ 5.27
  • binance-usdBinance USD (BUSD) $ 0.999405
  • avalanche-2Avalanche (AVAX) $ 14.71
  • shiba-inuShiba Inu (SHIB) $ 0.000009
  • daiDai (DAI) $ 0.999357
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 26,896.00
  • uniswapUniswap (UNI) $ 4.97
  • leo-tokenLEO Token (LEO) $ 3.62
  • chainlinkChainlink (LINK) $ 6.36
  • cosmosCosmos Hub (ATOM) $ 10.67
  • okbOKB (OKB) $ 45.47
  • moneroMonero (XMR) $ 147.28
  • the-open-networkToncoin (TON) $ 1.73
  • ethereum-classicEthereum Classic (ETC) $ 17.95
  • stellarStellar (XLM) $ 0.090976
  • bitcoin-cashBitcoin Cash (BCH) $ 114.31
  • internet-computerInternet Computer (ICP) $ 4.73
  • true-usdTrueUSD (TUSD) $ 0.999102
  • lido-daoLido DAO (LDO) $ 2.26
  • filecoinFilecoin (FIL) $ 4.56
  • aptosAptos (APT) $ 8.89
  • quant-networkQuant (QNT) $ 115.75
  • hedera-hashgraphHedera (HBAR) $ 0.049982
  • crypto-com-chainCronos (CRO) $ 0.060493
  • arbitrumArbitrum (ARB) $ 1.17
  • nearNEAR Protocol (NEAR) $ 1.61
  • vechainVeChain (VET) $ 0.019490
  • apecoinApeCoin (APE) $ 3.22
  • the-graphThe Graph (GRT) $ 0.123534
  • algorandAlgorand (ALGO) $ 0.150099
  • the-sandboxThe Sandbox (SAND) $ 0.585155
  • eosEOS (EOS) $ 0.903780
  • paxos-standardPax Dollar (USDP) $ 0.998289
  • fraxFrax (FRAX) $ 0.997666
  • elrond-erd-2MultiversX (EGLD) $ 37.94
  • rocket-poolRocket Pool (RPL) $ 49.45
  • render-tokenRender (RNDR) $ 2.60