TeraWulf to lease 70 MW to host AI as Bitcoin mining costs jump
TeraWulf is looking to expand into the red-hot AI space as Bitcoin mining difficultly climbs and profitability shrinks. Go to Source
Financial Results
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Coinbase shares rise 3% as Q2 crypto trading doubles from last year
Coinbase has marked its third consecutive quarter in the black, with its net revenue and trading volumes jumping 108% and 145%, respectively, from the prior year. Go to Source
Bitcoin miners Marathon, Riot, CleanSpark increase BTC output in September
Marathon Digital, in particular, produced 1,242 Bitcoin in September, which accounted for a record 4.3% share of Bitcoin miner rewards. Go to Source
Bitcoin miner Riot Platforms trims Q2 loss to $27.7M
The firm managed to narrow net loss in the quarter as it ramped up Bitcoin production. Go to Source
Coinbase remains ‘100% committed’ to US market: Armstrong
The Coinbase CEO has a lot of faith in Congress in making a “clear rule book” for crypto firms to follow. But the SEC? Not so much. Go to Source Powered by WPeMatico
Marathon Digital posts quarterly record of 2,195 Bitcoin mined in Q1
With a new quarterly production record, Marathon Digital is now on track to meet its mid-year target of 23 exahashes. Go to Source Powered by WPeMatico
