Argo Blockchain PLC Argo November Ops Update
December 04 2024 - 1:00AM
RNS Regulatory News
RNS Number : 6647O
Argo Blockchain PLC
04 December 2024
Press Release
4 December 2024
Argo Blockchain
plc
("Argo"
or "the Company")
November Operational
Update
Argo Blockchain plc, a global leader
in cryptocurrency mining (LSE: ARB; NASDAQ: ARBK), is pleased to
provide the following operational update for November
2024.
During the month of November, the
Company mined 39 Bitcoin ("BTC"), or 1.3 BTC per day, a decrease
from 46 mined in October 2024.
Mining revenue in November 2024
amounted to $3.4 million, an increase from $3.0 million in October
2024 due to the higher hashprice and BTC price realized in November
as compared to October. As at 30 November 2024, the Company held
three BTC equivalent.
This announcement contains inside
information.
For further information please
contact:
|
Argo Blockchain
|
|
|
Investor Relations
|
ir@argoblockchain.com
|
|
Tennyson Securities
|
|
|
Corporate Broker
Peter Krens
|
+44
207 186 9030
|
|
Fortified Securities
|
|
|
Joint Broker
Guy
Wheatley, CFA
|
+44
7493 989014
guy.wheatley@fortifiedsecurities.com
|
|
Tancredi Intelligent Communication
UK & Europe Media
Relations
|
argoblock@tancredigroup.com
|
About Argo:
Argo Blockchain plc is a dual-listed
(LSE: ARB; NASDAQ: ARBK) blockchain technology company focused on
large-scale cryptocurrency mining. With mining facilities in
Quebec, mining operations in Texas, and offices in the US, Canada,
and the UK, Argo's global, sustainable operations are predominantly
powered by renewable energy. In 2021, Argo became the first climate
positive cryptocurrency mining company, and a signatory to the
Crypto Climate Accord. For more information, visit www.argoblockchain.com.
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END
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