Bitdeer Posts $531.9M Q4 Loss Amid Heavy ASIC Investments, Eyes 40 EH/s Hashrate Target
Bitdeer Technologies Group reported a $531.9 million net loss for Q4 2024 as it invested heavily in proprietary mining hardware ...
Tag: loss
Bitdeer Stock Drops 20% as ASIC Development Leads to Half a Billion Loss
The Singapore-based Bitcoin miner Bitdeer saw its stock drop on Tuesday, after disclosing a fourth-quarter loss of $532 million amid ...
“Bybit is Solvent even if this hack loss is not recovered”, reassures CEO Zhou
Journalist Posted: February 21, 2025 Bybit CEO has claimed that all funds are SAFU and that the exchange would continue ...
Russian Power Company Reports $14 Million Loss Due to Illegal Crypto Mining
Russian power company Rosseti suffered over $14 million in losses in 2024 due to illegal crypto-mining operations, which have led ...
Russian energy giant Rosseti faces $14.2 million loss from illegal crypto mining
Russian energy provider Rosseti reportedly saw a significant financial hit due to illegal crypto mining in 2024, with losses amounting ...
This Bitcoin Wall Street Miner’s CEO Departs, Company Posts $6.3 Million Loss
The publicly listed Bitcoin (BTC) miner from Wall Street (NYSE: ARBK) and London (LSE: ARB) Argo Blockchain plc announced today ...
Ethereum Whales Absorb $1M Loss As Market Caution Intensifies
They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, ...
Bitdeer reports $50 million loss due to Bitcoin halving, increased R&D costs
Bitdeer Technologies reported a net loss of $50.1 million for the third quarter of 2024, with total revenue declining to ...
Bitcoin’s Hashrate Nears All-Time Peak Despite Difficulty Bump and Revenue Loss
Despite a bump in mining difficulty and a drop in hashprice, Bitcoin’s total hashrate is still on the rise. In ...
Bitcoin’s loss could be Solana’s gain – Here’s why $187 target may be in sight
A bearish divergence appeared on BTC’s dominance chart If SOL turns bullish, then it might target $187 in the coming ...
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