Numbers for the six months to 30th June 2020 reported that Argo mined 1,669 Bitcoin equivalent in the first half of its financial year, up from 306 in H1 2019 mainly due to the expansion of the mining estate. Revenues for the period were up by 280% at £11.1m, with EBITDA up 96% to £3.23m.
26 Nov 2020
Bitcoin price surge and further expansion of infrastructure provide significant opportunities for 2021
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Bitcoin price surge and further expansion of infrastructure provide significant opportunities for 2021
Argo Blockchain Plc (ARB:LON) | 12.0 0 0.0% | Mkt Cap: 69.3m
- Published:
26 Nov 2020 -
Author:
Richard Gill, CFA -
Pages:
16
Numbers for the six months to 30th June 2020 reported that Argo mined 1,669 Bitcoin equivalent in the first half of its financial year, up from 306 in H1 2019 mainly due to the expansion of the mining estate. Revenues for the period were up by 280% at £11.1m, with EBITDA up 96% to £3.23m.