BitFuFu plans to acquire a majority stake in a 51 trillion watt (MW) bitcoin mining facility in Oklahoma. The company has signed a letter of intent for the acquisition, which is expected to close in the first half of 2025. Located in an uninhabited area, the facility is fully built and operational. Using Bitmain's Antminer S21 Pro device, 51 trillion watts of capacity can support a hash rate output of approximately 2.9 EH/s.
On December 6th, Bitmain's BitFuFu company announced that it has 1,664 bitcoins. BitFuFu business is involved in bitcoin mining, providing self-mining and cloud mining services. The announcement said that BitFuFu adopts a fund management strategy to manage and increase its bitcoin holdings.
12:00-21:00 Keywords: DOGE, BitFuFu, Vitalik, Polymarket Trump claims victory in the 2024 US presidential election. 2. DOGE surpassed XRP to become the seventh largest cryptocurrency by market capitalization. 3. Trump addressed his supporters, but Harris cancelled his planned speech. BitFuFu's third quarter revenue increased 47.5% to $90.30 million. 5. Vitalik deposited 2.09 million STRKs into Binance, valued at $799,000; 6. The US Presidential Election quiz on Polymarket exceeded $3.50 billion,...
Bitcoin mining company BitFuFu reported a 47.5% increase in revenue for the third quarter of 2024, reaching $90.30 million compared to last year. Growth in cloud mining solutions played a key role, with revenue rising 51.4% to $68.90 million. The number of registered users increased by 75.3% to a total of 455,764. Despite the drop in production, bitcoin mining revenue rose 40.4% to $20.50 million due to higher bitcoin prices. The company also reported an 88.5% increase in its mining capacity.
Cloud bitcoin miner BitFuFu has acquired its first physical mining facility. The company described the acquisition of a 80 trillion watt (MW) facility in Ethiopia as the start of its infrastructure diversification. The value of the deal was not disclosed.
Bitcoin mining company BitFuFu has announced its unaudited financial results for the second quarter ended June 30, 2024. Total revenue was $129.40 million, up 69.7% from the same period in 2023. Cloud mining solutions revenue was $77 million, up 66.8% from the same period in 2023. Bitcoin self-mining business revenue was $51.10 million, up 81% from the same period in 2023. Net income was $1.30 million, compared to $5.10 million for the same period in 2023. As of June 30, 2024, the combined balan...
比特币挖矿公司比特富富(BitFuFu)公布截至 2024 年 6 月 30 日的第二季度未经审计的财务业绩。总收入为 1.294 亿美元,较 2023 年同期增长 69.7%。云挖矿解决方案收入为 7700 万美元,同比增长 66.8%。比特币自挖矿业务收入为 5110 万美元,同比增长 81%。净收入为 130 万美元,而 2023 年同期为 510 万美元。截至 2024 年 6 月 30 日,现金、现金等价物及数字资产的综合余额为 1.55 亿美元,而截至 ...