Bitcoin miners pivot to AI: New revenue stream post-halving?
Bitcoin miners are embracing AI as alternative revenues amidst a decline in mining income. Possible miner capitulations flash a BTC ...
Tag: revenue
Bitcoin Miners See 46.15% Revenue Drop in May, Lowest Since October 2023
After two consecutive months of record-breaking revenue, bitcoin miners experienced a significant downturn in earnings in May, a level not ...
Bitmain-backed cloud mining company BitFuFu’s revenue up 150% in Q1
Bitcoin mining company BitFuFu has rolled out its financial report per Q1, showcasing a 150% increase in total revenue compared ...
Canaan Inc. Beats Revenue Expectations in Q1, Holds 1,057 BTC
Canaan Inc. (NASDAQ: CAN) reported its unaudited financial results for the first quarter of 2024, ending March 31. The company ...
Bitcoin Miner Marathon Digital Misses Q1 Revenue Expectation On Operational Challenges
Marathon Digital (MARA), one of the largest bitcoin miners, missed consensus first-quarter revenue expectations due to operational challenges it faced ...
Bitcoin Miner Riot Platforms Records Modest Revenue Gain Despite 36% Decrease in Mined BTC
Riot Platforms Inc., an integrated bitcoin mining company, reported revenues exceeding $79.3 million in the first quarter of 2024. The ...
Riot Platforms Reports $211.8M Q1 2024 Net Income, Falls Short of Revenue Expectations
Bitcoin mining firm Riot Platforms has announced a remarkable net income of $211.8 million for the first quarter of 2024, ...
Bitcoin Miners Log Second Highest Monthly Revenue in April, Despite Falling Hash Value
In April, bitcoin miners amassed the second-highest monthly revenue of the past year, following the unprecedented earnings in March. In ...
Capitulation incoming? Bitcoin miners’ revenue drops to a 6-month low
Bitcoin’s (BTC) price shambled post-halving, with consecutive losses and the first “red month” in April, after a 7-month green streak. ...
Bitcoin Miners’ Average Revenue Per Block Dips 25% in 3 Days, Falling to 3.83 BTC
In the last 24 hours, bitcoin miners have faced significantly reduced earnings, with the current hashprice lingering at a significant ...
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