THELOGICALINDIAN - Bitcoin miner Argo Blockchain appear Thursday that acquirement climbed 23 to 148 actor 198 actor in November compared to 12 actor 16 actor the antecedent month
● The London Stock Exchange-listed close mined beneath bitcoin (BTC) in November (115 BTC) than it did in October (126 BTC) “due to changes in mining difficulty”, but bitcoin’s surging prices helped advance acquirement higher.
● The amount of bitcoin soared added than 50% aftermost ages to a new all-time high of $19,864 accomplished on Nov. 30.
● Altogether, Argo has extracted a absolute of 2,369 BTC year-to-date, account about $45.7 actor at absolute prices. As at the end of November, the aggregation captivated the agnate of 178 bitcoins in reserve.
● Peter Wall, arch controlling administrator of Argo, said mining allowance averaged 57% for the ages in review, up from 40% in October.
● “We are continuing to accent ability in our mining operations and this has enabled us to access our acquirement by 23% aftermost ages [November] and accomplish our accomplished mining allowance back the halving beforehand this year,” he said, in a account amend aggregate with news.Bitcoin.com.
● London-based Argo operates 16,000 bitcoin mining rigs amid throughout North America, with a accommodation of 645 petahash per additional (PH/s) in bitcoin mining hashrate. The aggregation additionally mines aloofness bread zcash (ZEC) and claims to accomplish 5% of the all-around ZEC hashpower total.
● Shares of Argo Blockchain are bottomward 1.4% to £10.94 ($14.65) in London trading on Thursday afternoon.
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