Argo Blockchain Plc Revenue From Cryptocurrency Mining Operations Increases By 75% In Q3

  • Argo Blockchain Plc (ARB) has announced the operational update for the third quarter ended 30th September 2019.
  • The company generated 75 per cent higher revenues (from Q2 2019) of £3.63 million from its cryptocurrency mining operations in Q3.
  • The company mined the assets at a mining margin of around 73 per cent, which is one of the highest efficiency rates in the market as per the company estimates.
  • On 8th October 2019, at the time of writing, GMT 08:20 AM, ARB shares were trading at GBX 8.55, up by 0.20 points or 2.40% against the previous day closing price.