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Michael Novogratz’s Galaxy Looks to Turn Bitcoin Mining Into AI Computing as Revenue Falls
Galaxy Digital signed a non-binding deal with a U.S.-based hyperscaler firm to turn all its 800 megawatts of mining capacity ...
Tag: revenue
Bitfufu Reports Q3 Revenue Increase of 47.5% Year Over Year
Nasdaq-listed cloud mining services company Bitfufu has announced its unaudited financial results for the third quarter of 2024, revealing a ...
Wall Street’s Bitcoin Miners Boost Production, but Revenue Falls for 4th Straight Month
Several leading U.S. publicly listed mining companies from Wall Street, including TeraWulf, Riot Platforms, CleanSpark, and MARA, posted production gains ...
Bitcoin Mining Revenue, Profit Fell in October for a Fourth Consecutive Month: JPMorgan
Daily mining revenue and gross profit fell in October for the fourth month in a row, the report said. The ...
Bitcoin mining giant Riot Platforms sees 65% revenue surge, but…
Riot Platforms reported 65% revenue growth, but faces challenges in U.S facility expansions RIOT stock dropped by 32% YTD, reflecting ...
Coinbase stock falls in Q3, revenue slips to $1.2B— all details here
Coinbase’s Q3 revenue dropped amid reduced trading but achieved a $75 million profit. The firm strengthened its crypto stance with ...
Bitcoin Mining Difficulty Hits All-Time High as Mining Revenue Rises; Signals Upcoming Bull Run
Bitcoin difficulty hits an all-time high of 95.67T, which coincides with a record hashrate that went above 700 EH/s for ...
Core Scientific’s AI deal fuels $8.7 billion revenue forecast, shares rise
Bitcoin miner Core Scientific expects to generate roughly $8.7 billion in revenue over the next 12 years, following an expansion ...
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), ...
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 ...
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