peshkov
Argo Blockchain (NASDAQ:ARBK) mined 103 Bitcoin, or 3.3 Bitcoin per day, a 5% increase in daily Bitcoin production compared to the prior month, despite a 4% higher average network difficulty in March 2024.
The company sold its Mirabel facility and relocated its mining machines from Mirabel to its facility in Baie Comeau, Quebec in March.
Mining revenue in March 2024 amounted to $7M, an increase of 55% compared to the prior month (February 2024: $4.5M).
As of 31 March 2024, the Company held digital assets worth the equivalent of 26 Bitcoin.