Bitcoin ‘halving’ will cost crypto miners $10 billion a year in lost revenue by Angela Tan April 15, 2024 0 For enthusiasts of Bitcoin, a once-every-four-years software update called the “halving” has long been held as one of the keys ...
Bitcoin Miners See Record $2 Billion in Monthly Revenue by Angela Tan April 2, 2024 0 Bitcoin miners have recorded their highest level of monthly earnings ahead of the upcoming halving event, which would likely cut ...
Core Scientific Reports Yearly Revenue Decrease in Q4 2023, Net Losses Shrink by Angela Tan March 17, 2024 0 Bitcoin mining firm Core Scientific announced that total revenue for fiscal year 2023 amounted to $502.4 million, reflecting a decrease ...
Daily Bitcoin Miner Revenue Reached New Peak Amid BTC Rally, Exceeding April 2021 Levels by Angela Tan March 16, 2024 0 Bitcoin mining earnings reached their highest-ever level recently, coinciding with the ongoing surge in the value of the leading crypto ...
Crypto Miners Making More Revenue Than Ever Amid Bitcoin Price Records by Angela Tan March 13, 2024 0 Crypto-mining revenues have jumped to a new all-time high of $78 million a day, according to Deutsche Bank. The increase ...
Binance.US Has Laid Off Majority of Its Staff and Suffered Blows to Revenue Due to SEC Lawsuit: Report by Angela Tan March 8, 2024 0 Binance’s US arm is reportedly downsizing amid legal challenges with federal securities regulators. In June, the U.S. Securities and Exchange ...
Binance.US Revenue Plummets 75% Amid Fallout from SEC Lawsuit by Angela Tan March 7, 2024 0 “In the immediate wake of the TRO, our banks demanded drastic increases in collateral. But eventually, they fully terminated the ...
Binance.US Hit by Layoffs and 75% Revenue Drop Amid SEC Lawsuit Aftermath: Report by Angela Tan March 7, 2024 0 According to Fortune, Binance.US is facing significant challenges, including forced layoffs and a decline in revenue, following legal actions initiated ...
Binance.US Reduced Two-Third of Its Staff amid 75% Revenue Loss — TradingView News by Angela Tan March 6, 2024 0 Binance.US, the US-incorporated unit of Binance that operates independently from the global parent, laid off two-thirds of its staff, around ...
Denton Municipal Electric Considers Rate Hike After $31M Loss, Eyes Crypto Mining Revenue Boost by Angela Tan March 4, 2024 0 In an effort to recover from a $31 million net loss in 2023, Denton Municipal Electric (DME) announced a significant ...