Nasdaq-listed Bitcoin (BTC) mining firm Bit Digital has announced earnings of $44.9 million for 2023 — up 39% from 2022. Bit Digital said it earned 1,507.3 BTC in 2023, which represents a 21% increase ...
Sam Tabar, the CEO of sustainability-focused bitcoin mining firm Bit Digital (BTBT), has a $12 trillion outlook on the value that the original cryptocurrency presents our increasingly-digital world.
Bit Digital Inc. is an institutional crypto miner with over 45,000 specialized computers mining Bitcoin. Despite a strong rally in Bitcoin prices, Bit Digital delivered disappointing financial results ...
Shares of Bitcoin (CRYPTO: BTC) miner Bit Digital Inc (NASDAQ:BTBT) are moving higher in Wednesday’s after-hours session after the company reported better-than-expected financial results for the first ...
High-end ASIC hardware is now a must for any serious Bitcoin miner. Mining pools offer a more stable income for newcomers, distributing rewards more frequently. Optimizing energy usage and ensuring ...
This is an opinion editorial by Mitch Klee, an analyst at the mining management platform Foreman. After China banned bitcoin mining in May 2021, nearly 75% of global hash rate was dispersed and ...
Stablecoin issuer Tether plans to open-source its Bitcoin mining software, a move the company said would allow new miners to enter the market without relying on expensive third-party vendors. By ...
Cryptocurrency mining company BIT Mining BTCM has announced the launch of an advanced more recent version of its Dogecoin DOGE/USD and Litecoin LTC/USD mining machine dubbed LD4. BIT Mining already ...
The company began building its ether position and Ethereum staking infrastructure in 2022. As of March 31, Bit Digital held 24,434.2 ETH, valued at $44.6 million, and 417.6 BTC worth $34.5 million. It ...
On this week’s roundup, we touch on the CoreWeave and Core Scientific acquisition, IREN’s new AI GPUs, and more. Listen or watch all the new CoinDesk podcast episodes wherever you want. Welcome back ...
CEO Sam Tabar reported that first quarter 2025 revenue declined 64% year-over-year and 26% sequentially in the Mining segment, primarily due to the 2024 halving event and the company’s exit from ...