In 2022, Argo Blockchain (ARB), which is the solitary cryptocurrency miner listed in the U.K., experienced a significant decline in profits due to the drop in bitcoin’s value and the increased mining difficulty, which led to increased expenses while revenue declined. The London-based firm disclosed a net loss of 194.2 million British pounds ($240 million), The post Argo Blockchain Reports $240M Loss After Bitcoin Price Drop appeared first on Coin Edition .
