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Argo States Daily Bitcoin Production Rose 7% in Feb Despite Increased Network Difficulty

Bitcoin (BTC) miner Argo said it mined 162 BTC or its equivalents in February, equating to 5.7 BTC per day, according to a March 7 operational update.

The firm stated that its daily BTC production increased 7% to 5.7 BTC per day from a daily  5.4 BTC recorded in January.

Argo added that it achieved this milestone despite the 10% increase in average network difficulty.

CryptoSlate’s Insight reported that Bitcoin mining difficulty rose to a new all-time high of over 180T. The report highlighted the exponential growth rate of BTC hash rate in the past two years.

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