Bitcoin’s mining difficulty and Texas’s hot weather cause Argo’s BTC output to drop in May

Crypto miner Argo Blockchain reported a decline in its Bitcoin (BTC) production for the month of May 2022. Compared to Aprils output, the London Stock Exchange-listed companys May output dropped by a quarter, which it attributed to a number of factors including technical issues and the increased mining difficulty on the Bitcoin network. In the recently released May 2022 Operational Update, Argo Blockchain reported a 25 percent decline in its Bitcoin output for the month of May compared to the previous month. During the month of May, Argo mined 124 Bitcoin or Bitcoin Equivalents (together,...



source: https://tokenpost.com/Bitcoins-mining-difficulty-and-Texass-hot-weather-cause-Argos-BTC-output-to-drop-in-May-9638

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.



Tags: