Core Scientific strikes digital gold: Revenue up 800%, gross profit up 2500%

Core Scientific strikes digital gold: Revenue up 800%, gross profit up 2500%
фото показано с : cointelegraph.com

2022-3-30 05:21

The firm highlighted growth in hash rate, mining equipment sales, hosting revenue, digital asset mining income as key reasons for the improved performance.

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Blockchain World’s DCS 2021: Deep-Diving into the Most Pressing Industry Challenges

By 2022, worldwide spending on blockchain solutions will reach $11. 7 billion, with the global blockchain technology market estimated to $20 billion in revenue by 2024. 200 industry-leading experts in digital currencies, crypto, NFT and Blockchain technologies discussing the future of a rapidly growing global digital space.

2021-12-4 16:39


UK’s HMRC says Cryptocurrencies Not Exempt from Digital Services Tax

HM Revenue and Customs (HMRC) says cryptocurrencies do not qualify as money or commodities and are not exempt from the digital services tax. The tax office has also informed online crypto exchanges that they are subject to the tax, according to a report from The Telegraph, which says it is designed to ensure tech firms […] The post UK’s HMRC says Cryptocurrencies Not Exempt from Digital Services Tax first appeared on BitcoinExchangeGuide.

2021-11-30 23:57


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Grayscale: Metaverse is $1T annual revenue market

The metaverse can bring in over $1 trillion in annual revenue, stated crypto investment giant Grayscale in a report published on Thursday. The report, titled “The Metaverse, Web 3. 0 Virtual Cloud Economies”, looks into the opportunities created by the junction of trends in lifestyle and gaming with blockchain’s potential to provide digital worlds with infrastructure.

2021-11-25 14:47


Ethereum Miner Revenue Outpaces Bitcoin In 2021

Ethereum has so far put up a tremendous run in 2021. Its price has hit multiple all-time highs this year, cementing it as one of the best digital assets to be invested in for the year. Major upgrades to the network like the London hard fork have seen the project move towards a deflationary mechanism, creating scarcity in the asset by burning one-third of the fees issued on the network.

2021-11-3 20:00


Starbucks Card Is Now Reloadable with Cryptocurrencies, Coffee Giant Exploring Tokenizing Through Blockchain

The Seattle-based coffee giant Starbucks (SBUX) reported its fourth-quarter revenue of $8. 15 billion. During its earnings call, President and Chief Executive Officer Kevin Johnson said they are deepening its digital relationship and expanding the reach through payment partnerships with PayPal and Bakkt.

2021-10-29 16:22


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62% Of Financial Institutions Plan To Invest In Crypto In 2022: Survey

Cryptocurrency investments are becoming more and more attractive to institutional investors who are now looking to grow their revenue long-term by moving into crypto products. A new survey by European investment firm Nickel Digital Asset Management found that 62% of institutions with no exposure to crypto will make their first investments within one year. Nickel […]

2021-10-1 00:20


GoCrypto launches new crypto-enabled point of sale device: elly POS

CryptoNinjas » GoCrypto launches new crypto-enabled point of sale device: elly POS GoCrypto, a system enabling merchants and service providers to accept payments with crypto, has announced the launch of elly POS, a point-of-sale terminal that combines cards, crypto, and digital payments on one device, and enables merchants to generate extra revenue from integrated services.

2021-2-3 13:56


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Vaneck Files for Crypto ETF That Gives Investors Exposure to Equity in Digital Asset Companies

The exchange-traded fund provider, Vaneck has filed for a Digital Asset ETF, which aims to hold equity in companies that generate revenue from cryptocurrency services. The latest ETF filing is different from the fund Vaneck applied for in mid-December, as it aims to bring investors exposure to the cryptocurrency industry. Last December, the asset manager, […]

2021-1-23 01:30


Canada-Based Voyager Digital Announces Nearly 2000% Growth In Customers’ Assets Growth In 2020

Quick Read: – Voyager released its latest financial report for the year with impressive figures – Recording Increases in customer asset growth, brokerage accounts, and revenue In a press release, Canadian publicly listed cryptocurrency broker, Voyager announced an impressive 1,159 % surge in revenue, registering approx.

2020-10-30 21:58


South Korea to Implement 20% Income Tax on Crypto Gains After Finalizing on New Tax Code

South Korea's government has tabled its final proposed tax code on cryptocurrencies with the tax rule set to be implemented from October 2020. The new tax rule will see a 20% income tax on crypto gains take effect as South Korea's government scales its effort to capture digital asset revenue. The final documentation was agreed […]

2020-7-22 18:59


Internal Revenue Service Invites Crypto Firms To A Digital Asset Tax Summit In March

The Internal Revenue Service (IRS) sent out invites to an undisclosed number of cryptocurrency startups and firms in a bid to discuss digital asset tax-related issues in the field on March 3. The reports from Bloomberg Tax and Coindesk state the Washington based conference will have four-90 minute panel sessions to discuss taxes, tech, and […]

2020-2-19 17:31


Ceek VR: The Future Of Digital Content

The live music sector is hitting record sales, as fans flock to see big-name artists. Live performances are now a primary source of artist revenue and ticket prices are higher than ever.  But new technology is evolving to make attending live events possible from the comfort of your living room – at a fraction of […] The post Ceek VR: The Future Of Digital Content appeared first on NullTX.

2020-1-30 14:54