Argo Blockchain, a mining company listed on the London Stock Exchange, said that Bitcoin mining revenue will increase by about 10 times in 2019

According to Coindesk, Argo Blockchain, a publicly traded mining company listed on the London Stock Exchange, said on Monday that the company's full-year operating income for the first year was 8.5 million pounds (approximately $ 11 million), compared with 2018 revenue of 760,000 pounds (about USD 985,720). According to the announcement, in the fourth quarter of 2019, Argo dug 432 BTC, compared with 426 BTC in the third quarter. However, revenue for the previous quarter (fourth quarter) dropped from 3.63 million pounds in the third quarter to 2.66 million pounds. The company said that the quarterly revenue decline was due to falling cryptocurrency prices, increased mining difficulty, and unfavorable exchange rates near the end of the year.