Crypto mining company Argo Blockchain: Mining produced 37 bitcoins in September

BlockBeats News: On October 5th, according to official sources, Bitcoin mining company Argo Blockchain released its September 2024 operational update report, stating that the company mined 37 bitcoins last month, the same as August. Argo's mining revenue in September 2024 was $2.2 million, lower than the $2.3 million in August 2024. The mining profit margin in the third quarter was below 10%, a decrease from the second quarter, mainly due to the lower hash prices achieved in the third quarter and the increase in electricity prices. As of September 30, 2024, the company holds 4 BTC equivalent assets.