Crypto mining company Argo Blockchain: 37 Bitcoins mined in September

BlockBeats reported that on October 5, according to official news, Bitcoin mining company Argo Blockchain released its September 2024 operational update report, saying that the company mined 37 bitcoins last month, the same as in August.

Argo's mining revenue in September 2024 was $2.2 million, down from $2.3 million in August 2024. The mining profit margin in the third quarter was less than 10%, down from the second quarter, mainly due to the lower hash price achieved in the third quarter than in the second quarter, and the increase in electricity prices. As of September 30, 2024, the company held 4 BTC equivalent assets.