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TeraWulf
Wall Street's Bitcoin Miners Boost Production, but Revenue Falls for 4th Straight Month
- Major U.S. BTC mining companies reported increased production in October 2024, with MARA leading at 717 Bitcoins mined.
- However, JPMorgan reports declining profitability amid the network hash rate reached a record 702 EH/s.
Tuesday, 05/11/2024 | 07:20 GMT by
Damian Chmiel
Top Wall Street Bitcoin Miners Report August Dip as Digital Gold Rush Slows
- Major publicly traded Bitcoin mining companies reported decreased production in August compared to July.
- Factors including increased network difficulty and power costs contributed to the decline.
Thursday, 05/09/2024 | 07:45 GMT by
Damian Chmiel
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