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Argo Blockchain Mines More but Earns Less in H1 2023: Reports $18.8M Net Loss
The recent Argo Blockchain financial report presents a mixed bag, with the company making strides in reducing operational costs and debt, but also facing a decline in revenue and a net loss. The publicly-listed firm’s results for the first half of 2023 show what problems the mining industry centered around Bitcoin (BTC) and other cryptocurrencies is currently facing.Argo Blockchain Reduces Debt and CostsArgo Blockchain managed to cut its non-mining operational costs by 21% in the second quarter...
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Posted: Aug 29 2023, 08:31
Author Name: financemagnates
Views: 111671