Bitcoin Miner Marathon's Shares Tumble After Revenue Unexpectedly Misses Wall Street's Estimates coindesk.com 01 August 2024 21:15, UTC The shares of bitcoin miner Marathon Digital (MARA) fell as much as 8% on Thursday post-market trading after the company’s second quarter revenue missed Wall Street’s expectations. The shares have recouped some of their losses since…
Marathon Digital Posts $200 Million Quarterly Loss Amid Bitcoin Mining Sector Woes decrypt.co 02 August 2024 02:12, UTC Bitcoin miner Marathon Digital Holdings reported a significant loss for the second quarter of this year, citing the impact of Bitcoin’s halving event on its operations as rivals posted similar results. The Fort Lauderdale, Florida, firm…
Bitfarms boosts production by 33%, increases Bitcoin holdings above 1,000 BTC cryptoslate.com 01 August 2024 18:51, UTC Bitfarms said its Bitcoin production and holdings increased last month despite the rising mining difficulty, according to an Aug. 31 statement. The crypto miner revealed a 33.8% rise in Bitcoin production for July, attributed to a higher…
Crypto Billionaire Novogratz Says 2024 Is Pivotal for Bitcoin Mining Industry u.today 01 August 2024 19:21, UTC In a recent social media post, cryptocurrency mogul Mike Novogratz stated that 2024 is a “pivotal” year for Bitcoin mining. He has stated that the industry managed to display “incredible resilience” through economic lows. Novogratz shared a…
CryptoQuant links Bitcoin mining hashrate nearing all-time high levels to potential price stability theblock.co 31 July 2024 21:30, UTC theblock.co
Riot Platforms posts $84.4 million loss in Q2 amid 52% decline in Bitcoin production cryptoslate.com + 4 more 31 July 2024 23:13, UTC Bitcoin miner Riot Platforms reported a net loss of $84.4 million for the second quarter, compared to a net loss of $27.4 million during the same period last year. Despite the…
Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022 news.bitcoin.com 31 July 2024 13:44, UTC The Bitcoin network has recently experienced its most significant difficulty adjustment since October 2022, with a 10.5% increase driving the metric to a record 90.67 trillion. This heightened challenge, combined with falling bitcoin prices, is intensifying the strain on…
