Argo Blockchain's BTC Mining Margin Shrinks in August
CryptoNewsTerminal Staff05 Sep, 2024
Argo Blockchain's BTC Mining Margin Shrinks in August
Argo Blockchain, a British and North American cryptocurrency miner, has reported mining 38 BTC in August through its X facility. The reported mining margin was less than 10%, with an average daily mined BTC of 1.2. Despite the marginal profitability, Argo Blockchain remains optimistic about the future of Bitcoin mining. The company plans to expand its operations and invest in new technologies to improve efficiency and profitability.