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Bitcoin Miner Iris Energy Increases Mining Output by 10%

Bitcoin.com
Bitcoin Miner Iris Energy Increases Mining Output by 10%
AI cloud services
Bitcoin Miner Iris Energy Increases Mining Output by 10%Iris Energy has reported a 10% increase in bitcoin production during August 2024, with the company mining 245 bitcoin. The improvement is attributed to higher operational efficiency and reduced electricity costs following the company’s transition to spot pricing. Iris Energy’s Bitcoin Mining Efficiency Leads to Output Growth In its August 2024 investor update, Iris Energy […]
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Rumble secures 5 million investment from Tether

Rumble secures $775 million investment from Tether

Bitfufu Reports 70% Revenue Growth in Q2 2024, Cloud Mining Clients Pay $77 Million

Bitcoin.com
Bitfufu Reports 70% Revenue Growth in Q2 2024, Cloud Mining Clients Pay Million
Bitcoin
Bitfufu Reports 70% Revenue Growth in Q2 2024, Cloud Mining Clients Pay MillionBitfufu Inc., a Nasdaq-listed cloud mining services company, announced a 69.7% revenue jump for the second quarter of 2024, bringing in $129.4 million. The Singapore-based firm, established in 2020 by CEO Leo Lu, credited this growth largely to a substantial increase in cloud mining revenue, which made up more than half of the quarter’s earnings. […]
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Rumble secures 5 million investment from Tether

Rumble secures $775 million investment from Tether

Robinhood’s Crypto Revenue Surges 232% Despite Looming SEC Battle

Bitcoin.com
Robinhood’s Crypto Revenue Surges 232% Despite Looming SEC Battle
Bitcoin
Robinhood’s Crypto Revenue Surges 232% Despite Looming SEC BattleRetail trading platform Robinhood has announced that its crypto revenue grew by 232% in the first quarter. Despite this success, Robinhood faces potential enforcement action by the U.S. Securities and Exchange Commission (SEC), alleging that some of the cryptocurrencies offered on its platform are securities. Crypto Drives Robinhood’s Profitable Q1 Retail trading platform Robinhood Markets […]
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Rumble secures 5 million investment from Tether

Rumble secures $775 million investment from Tether

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