Argo Blockchain increases revenue by a third in October

The revenue of the mining company Argo Blockchain in October increased by 32%, to £ 7.24 million ($9.75 million). During the month, the company increased production from 165 to 167 BTC or their equivalents.

Since the beginning of the year, the company has mined 1,646 BTC. At the end of October, Argo Blockchain owned 2,182 BTC ($42.8 million).

Within a month, Argo Blockchain has added an additional 220 PH/s to its total mining capacity of 1.295 EH/s.

The company announced the departure of Colleen Sullivan from the board of directors three months after the appointment. Its decision is related to a new career role for her and is not the result of disagreements with management or Board of the Company.

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