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CryptoCurrency
Wall Street Miner Canaan Raises $30 Million, Sees 121% Revenue Increase in Q3 2024
2024-11-20T13:06:59.230+02:00
The firm secured a purchase agreement with HIVE Digital Technologies for 5,000 Avalon A15 miners.
The company mined 147 Bitcoins in Q3 2024, increasing its holdings to 1,231 BTC.
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CryptoCurrency
Bitcoin Mining Giants from Wall Street Feel the Halving Hangover
2024-08-27T11:01:33.888+02:00
According to recent report, crypto production revenues fell 12% despite BTC's rally.
Some miners are diversifying into AI and high-performance computing to boost profitability.
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CryptoCurrency
Argo Crypto Miner Chops Galaxy Debt by 60% in $6.1M Deal
2024-03-05T11:20:56.253+02:00
The cryptocurrency miner aims to strengthen its balance sheet by reducing debt burden.
Despite BTC prices jumping in February, the company reported another drop in production.
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CryptoCurrency
Canaan Reports 82% Lower Revenue in "Tough" Q4 2022.
2023-03-07T14:49:51.314+02:00
The mining equipment manufacturer's revenues were falling in 2022, with a slump in cryptocurrency prices.
To mitigate the risk, Canaan focuses on developing its crypto self-mining business.
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CryptoCurrency
Canaan Feels the Bitcoin Blues. Net Income Down 90%
2022-11-14T13:59:47.618+02:00
The sale of total computing power was reduced by 49% compared to last year.
Canaan's CEO forecasts a further 'very tough period' for the industry.
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CryptoCurrency
Titan Launches the First P2P Hashpower Marketplace for Crypto Miners
2022-02-24T18:00:00.000+02:00
Titan has created a next-generation decentralized mining ecosystem.
The marketplace enables miners and others to buy and sell hashpower using tokens.
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Bitcoin Miners Increase Selling Pressure
2021-06-29T07:58:21.000+02:00
The world’s largest cryptocurrency saw a dip in institutional demand.
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Thought Leaders
Automata Network Launches a Solution for Miner Extractable Value (MEV)
2021-06-07T09:54:58.000+02:00
Privacy will play a significant part as industries shift from centralized architecture to decentralized platforms.
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