BTC Miner Core Scientific Expands Contract With Coreweave, Eyes $8.7B in HPC Revenue
Core Scientific has revealed that Coreweave has chosen to expand its high-performance computing (HPC) infrastructure by another 120 megawatts (MW), ...
Tag: revenue
September Slump: Bitcoin Miners See 2024’s Lowest Revenue
According to the latest data, bitcoin miners pulled in $815.7 million from rewards and fees in September, marking their lowest ...
The 5 Month Halving Hangover: Bitcoin Miners Continue to Face Revenue Struggles
Metrics reveal that although BTC prices climbed 6.97% in September, Bitcoin’s hashprice—the anticipated daily revenue from 1 petahash per second ...
Bitcoin’s All-Time High Difficulty Challenges Miners as Revenue Falls
On Sept. 10, Bitcoin’s mining difficulty rose 3.58% higher bringing the network’s difficulty to a new all-time high of 92.67 ...
Bitcoin Miners Push Hash Rate to ATH Amid Dipping Revenue and Investor Pullback
The Bitcoin mining sector keeps on expressing resilient conviction, with the hash rate of the network pushing toward exclusive all-time ...
Generating only $21 in revenue in 30 days, FriendTech relinquishes control of contracts
On Sept. 8, the team behind the decentralized social media protocol Friend.Tech transferred control of its smart contract to Ethereum’s ...
Russia mined over $3 billion in Bitcoin last year, boosting tax revenue amid sanctions
Russian lawmakers pass bill legalizing Bitcoin mining, crypto payments for international trade Adoption 1 month agoThe bill, which was first ...
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 ...
Ethereum’s network revenue plunges by 99%, sparking ‘death spiral’ concerns
Ethereum’s layer-1 network has witnessed a drastic decline in revenue, plummeting by 99% since March 2024.Data from Token Terminal reveals ...
Bitcoin miners face revenue crisis: Exploring BTC’s August drop
Bitcoin miners face a dilemma as they incurred their lowest mining rewards in the month of August, squeezing their profits. ...
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