Argo Blockchain mined 14% more bitcoin in January than December

France Nouvelles Nouvelles

Argo Blockchain mined 14% more bitcoin in January than December
France Dernières Nouvelles,France Actualités
  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 53%

Argo Blockchain's bitcoin mining production increased 14% in January, producing 168 BTC, compared to 147 BTC in December 2022.

"The increase in BTC mined was primarily due to fewer curtailment hours in January compared to December, when a severe winter storm impacted much of the United States," Argo BlockchainIn terms of dollars, Argo's mining revenue increased to $3.42 million in January compared to $2.49 million in December 2022.

The company's total bitcoin holdings stood at 115 BTC as of Jan. 31. Its total hashrate capacity, or computational power, continues to be 2.5 exa hashes per second . Argo will stop publishing monthly mining updates due to change in ownership of its Helios facility. Last month, Argo Helios to Galaxy Digital for $65 million. Argo said it will, however, continue to provide mining updates on a quarterly basis and in its financial statements.— it faced recently. The case, filed last month, alleges that Argo published inaccurate statements during its initial public offering. The company said it has hired McDermott, Will, and Emery, LLP as its defense counsel. Argo added that it"refutes all of the allegations and believes that this class action lawsuit is without merit.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

TheBlock__ /  🏆 464. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Elementus Raises $10 Million to Bring Clear Blockchain Analytics to Institutional Customers – Blockchain Bitcoin NewsElementus Raises $10 Million to Bring Clear Blockchain Analytics to Institutional Customers – Blockchain Bitcoin NewsElementus, a New York-based blockchain firm that aims to disrupt the market by bringing Google-like granular analytics for Web3 platforms, has raised $10 million in its Series A-2 funding round.
Lire la suite »

Missing Houston boy, 14, found shot to death in fieldMissing Houston boy, 14, found shot to death in fieldThe 14-year-old boy had been missing since January 23.
Lire la suite »

Apple cuts iPhone 14 Pro prices in China due to slow salesApple cuts iPhone 14 Pro prices in China due to slow salesIn a rare push, Apple has cut iPhone 14 Pro prices in China in a special promotion combined with carriers in over $100.
Lire la suite »

The iPhone 14 Pro and Pro Plus see unusually high discounts in ChinaThe iPhone 14 Pro and Pro Plus see unusually high discounts in ChinaIt seems retailers in China are desperate to sell Apple's latest iPhones this year.
Lire la suite »

Megan Fox Wore 14 Karat White Gold Nails to the GrammysMegan Fox Wore 14 Karat White Gold Nails to the GrammysWith 150 white diamonds, these gold nails are the very definition of expensive.
Lire la suite »

Galaxy S23 Ultra camera beats iPhone 14 Pro Max in video comparisonGalaxy S23 Ultra camera beats iPhone 14 Pro Max in video comparisonA video comparison between the Galaxy S23 Ultra and the iPhone 14 Pro Max praises Samsung's camera advancements.
Lire la suite »



Render Time: 2025-03-05 06:07:52