In brief Trump Media earned $409.7 million in the third quarter, but revenue totaled just $3 million. Bitcoin and securities gains supplied …
posts
-
-
Mining
TeraWulf posts $76.2 million Q3 revenue as AI leases outgrow Bitcoin mining
by shayaanby shayaanThe quarter’s bottom line looked dramatic. Net income reached approximately $709.9 million, which is far larger than the revenue that generated it. …
-
Mining
Core Scientific posts $1.2B profit as colocation revenue jumps 60% in Q3
by shayaanby shayaanColocation is easiest to picture as a hotel for computers. Customers bring their own servers and chips. Core Scientific supplies the building, …
-
Profit tells a very different story. Of the $189.5 million in net income, $131.1 million was attributable to Hut 8 itself. A …
-
Bitcoin BTC$76,407.76 miner-turned-data-center developer Cipher Digital reported a $31.6 million quarterly profit despite a 63% revenue decline, helped by a $127 million …
-
Scams
Chip Maker SK Hynix Posts Record Quarter as AI Memory Demand Overwhelms Supply
by shayaanby shayaanIn brief SK Hynix reported third-quarter revenue of 104.6 trillion won, up 328% from a year earlier, and operating profit of 83.3 …
-
Markets
MEXC Posts Deepest BTC and ETH Futures Depth at $21.03M, Lowest Silver Slippage at 0.002%
by shayaanby shayaanReason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest …
-
Finance
Arbitrum takes 10% as Robinhood Chain posts a record $3.75 million fee day
by shayaanby shayaanRobinhood Chain users paid a record $3.75 million in transaction fees on September 1. That pushed the two-month-old network ahead of Ethereum …
-
Mining
DCG’s Fortitude Mined 33,646 ZEC in Q2, Posts $20.9M Revenue Amid Equipment Impairment
by shayaanby shayaanDigital Currency Group’s Zcash mining subsidiary, Fortitude, mined 33,646 $ZEC during the second quarter of the year, generating $20.9 million in revenue, …
-
Imagine paying a six-figure monthly bill just to read what the President of the United States posts on social media a few …