Bitfarms reports a 7.3% increase in its monthly mining output
Bitfarms produced 411 bitcoins last month and sold 362. The Canadian miner is still lagging behind last year’s figures. Bitfarms stock is currently down 40% versus its recent high. Bitfarms Ltd says its mining output popped 7.3% in September as it continued to install new miners and “fully energised” its facility in Rio Cuarto to […]
Recently listed Bitcoin Depot reports record revenue for its Q2
Bitcoin Depot reports an 18% annualised growth in its Q2 revenue. The Bitcoin ATM operator also updated its full-year guidance today. Bitcoin Depot stock is in the green only marginally on Monday. Bitcoin Depot Inc says its revenue jumped 18% to a record $197.5 million in the second quarter. The stock is still only marginally […]
CleanSpark reports a 47% annualised growth in quarterly revenue
CleanSpark narrowed its loss in its fiscal third quarter. The bitcoin mining company had a blockbuster July. CleanSpark shares are up over 150% YTD at writing. Bitcoin miner CleanSpark Inc is trading slightly up in extended hours after reporting a narrower-than-expected loss for its fiscal third quarter. CleanSpark Q3 financial highlights Lost $14.2 million versus […]
Block reports a 34% increase in its second-quarter Bitcoin revenue
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JP Morgan reports shows 13% of Americans are into crypto
JP Morgan has released a new report showing that more than 13% of the American population have transferred funds into crypto accounts. The research sampled 5 million customers with checking accounts, 600,000 of whom had transferred money into a crypto account. Most new investors first fund a crypto account during spikes for Bitcoin price, according […]