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Bitcoin miner Argo mined 48 BTC in July

Bitcoin miner Argo Blockchain PLC today released its July 2024 operational update, reporting that 48 BTC has been mined, averaging 1.5 BTC per day, in line with June 2024. The company generated $3 million in mining revenue, with mining margins in the mid-20% range, slightly lower than last month due to lower hash prices realized in July.