Bitcoin miners just recorded their lowest revenue-generating month since September 2023 as the number of mined coins fell in August. Miners revenue reached $827.56 million last month, dropping over 10.5% from July’sRead More…
Google parent firm Alphabet posted a 28.6% year-on-year boost in profits in the second quarter of 2024, despite a $2.3 billion loss from its AI research division. According to a Q2 earningsRead More…
Bitcoin (BTC) mining companies are employing derisking strategies by offloading Bitcoin to exchanges, according to a market report from Bitfinex. The cryptocurrency trading platform’s latest newsletter addresses the Bitcoin mining sector atRead More…