Bitcoin mining firm Argo recently released its revenue figures for August, showing a daily output of approximately 1.2 Bitcoin. After their efforts, they managed to mine a total of 38 Bitcoin, which calculates to a mining revenue of around $2.3 million. While this achievement is impressive, Argo's actual profit margin did not reach double digits, only reaching a low single-digit percentage. This indicates that although the total earnings were significant, the profit margin was relatively limited due to operational costs and fluctuations in Bitcoin prices.