According to Odaily, Bitcoin mining company Argo Blockchain PLC has released its operational update for July 2024. The company reported mining 48 BTC, maintaining an average daily production of 1.5 BTC, consistent with June 2024 figures. Argo Blockchain generated $3 million in mining revenue, with a mining profit margin of approximately 20%, slightly lower than the previous month due to a decrease in hash price realized in July.