(, , ) has reported a sharp jump in the number of Bitcoin acquired in July amid a decline in the mining difficulty on the digital currency’s blockchain network.

In a monthly update, the crypto miner reported that it had mined 225 Bitcoin or equivalent (BTC) in July, up from 167 BTC in June, taking the total mined in the year-to-date to 1,108 BTC.

Revenue for the month, meanwhile, amounted to £5.6mln compared to £4.36mln in June, while the group’s average monthly mining margin increased to 83% from 78%.

At the end of July, Argo said it owned 1,496 BTC.

(Excerpt) Read more Here | 2021-08-03 00:24:50
Image credit: source

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.