ARBKF - Cryptocurrency mining company Argo Blockchain reports record Q1 revenue growth

Argo Blockchain (ARBKF) has mined 165 Bitcoin in March vs. 129 BTC in February.The company mined 387 BTC in Q1 and at the end of March, the company held 764 BTC. Mining revenue in March was $9.1M vs. $6.04M in February 2021, generated income at an average monthly mining margin of ~84%, up from 81% in February 2021.The company reported most profitable quarter to date with mining revenues to $18.6M in Q1 with an average mining margin of ~80%. Peter Wall, Chief Executive of Argo said: “I’m delighted that Argo has generated record mining revenue and profits for the third month in a row, making this quarter Argo’s best performing since the Company’s inception. These numbers highlight our continued commitment to smart growth, efficiency, and delivering value to our shareholders. I am also thrilled that we are working with DMG to achieve something we believe will be transformational in the crypto space

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Cryptocurrency mining company Argo Blockchain reports record Q1 revenue growth