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Argo Blockchain's Peter Wall updates on May mining revenues and impact of Bitcoin Halving

Argo Blockchain's Peter Wall updates on May mining revenues and impact of Bitcoin Halving

Argo Blockchain PLC's (LON:ARB) Peter Wall speaks to Proactive London's Andrew Scott after reporting higher cryptocurrency mining revenues in May despite a reduction in the number of digital currency mined as a result of the Bitcoin ‘halving’ event earlier in the month.

Argo reported mining revenue during the month of £1.93mln, up from £1.8mln in April, while the number of Bitcoin and Bitcoin equivalent mined fell to 252 from 319.