Argo Blockchain reports 1H results

Aug. 24, 2022 4:44 PM ETArgo Blockchain plc (ARBK)By: Shweta Agarwal, SA News Editor
  • Argo Blockchain press release (NASDAQ:ARBK): 1H Pre-tax Loss of $44.9M
  • Revenue of $32.5M (-14% Y/Y)
  • Adjusted EBITDA of $20.9M
  • Total number of Bitcoin and Bitcoin Equivalent mined during H1 2022 was 939, a 6% increase Y/Y. 
  • Mining margin of 71%, down from 81% in H1 2021.

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