crypto mining company Argo Blockchain, despite network difficulty more Bitcoin took outand the company increased its revenue in February.
In a statement made by Argo Blockchain, it was stated that despite the monthly double-digit increase in Bitcoin’s average network difficulty, these increases were seen in revenues.
According to Argo’s statement, considering daily exchange rates and crypto prices for February, Argo’s mining revenue is about approx. 340 thousand dollarsincreased recently.
Argo Blockchain Rises Amidst Challenges
Argo Blockchain has mined more Bitcoins than last month despite the mining network difficulty. Thanks to this, the company was able to increase its mining income in February.
in February Slang, 162 Bitcoinsor equivalent products per day by mining 5.7 Bitcoins has taken it out. This amount highlights a 7 percent increase compared to the January average. Blockchain and mining company revenue, along with this increase It amounted to $3.76 million.
Last year was a year when crypto mining companies went through tough times and some companies filed for bankruptcy. Earlier this year, however, mining revenues were on the rise.
