2020-5-21 10:42 |
The drop-off in Bitcoin mining revenue to 2019 levels show a macro bottom for BTC is near as the impact of the halving is starting to be felt.
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Bitcoin miner revenues have been a hot topic of discussion in the last three months. It mainly follows the decline in cash flow of mining machines due to the drop in the price of BTC, and that has adversely affected the revenues of bitcoin miners, seeing them drop to yearly lows.
2022-8-3 20:00 | |
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Bitcoin sell-offs have been the order of the day since the weekend. This has translated to ever-decreasing prices for the digital asset. Another avenue where this has had an effect has been the miner fee revenues.
2022-5-11 20:00 | |
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Bitcoin is powering a Fintech giant’s revenues for this quarter, data released on Thursday showed. The post $1.63B in Bitcoin purchases is powering the majority of Square’s Q3 revenues appeared first on CryptoSlate.
2020-11-7 14:32 | |
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Bitcoin Hash Rate Stagnates And Miner Revenues Fall Revenues for Bitcoin miners seem to be falling to their lowest intake since August 2017. In a recent report released by Diar, miners that were able to improve their equipment and that secured low electricity prices have seen their margins reduced. Thus, they had to deploy a […]
2019-3-5 19:27 | |
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The world’s largest maker of cryptocurrency mining equipment Bitmain made a $0. 5 billion loss in 2018’s Q3, CoinDesk reports. Citing a source who viewed an update that was filed with the Hong Kong Stock Exchange the publication also reported that Bitmain generated revenues of more than $3 billion during the first three quarters of 2018 with only $200 million being generated in Q3.
2019-2-19 16:53 | |
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In Monday’s edition of The Daily we cover a recent interview with Jack Dorsey where the Twitter CEO again publicly shares his views on the future of cryptocurrency. Additionally covered are a new mobile app from Bitstamp and a report about Nvidia’s revenues from the mining market.
2019-2-4 13:52 | |
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Two “prominent professional hacking groups” are responsible for the majority of publicly reported hacks of cryptocurrency exchanges and other cryptocurrency organizations, concludes a report published by blockchain data analytics firm Chainalysis this week.
2019-2-2 01:45 | |
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In The Daily this Saturday, Sapphire has designed a new graphics card suitable for mining the recently launched Mimblewimble cryptocurrency Grin. In other news related to the minting of digital coins, Taiwan Semiconductor Manufacturing Company has reported a significant decrease in its revenues from the mining segment, and some Ethereum miners have switched to Constantinople […] The post The Daily: Sapphire Develops GPU for Grin, TSMC Sees Drop in Mining Revenue appeared first on Bitcoin News.
2019-1-19 16:05 | |
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Despite cryptocurrency prices steadily declining throughout 2018 caught in a bear market, BitPay was able to generate record revenues during the year. The company secured Series B funding, added more customers and supported new cryptocurrencies in 2018.
2019-1-17 21:34 | |
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A combination of cheap electricity and cold weather has started to draw a growing number of Japanese bitcoin miners to Mongolia, a country sandwiched between China to the south and Russia to the north.
2019-1-12 08:05 | |
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Crypto lending businesses are prospering from bitcoin’s collapse, as both borrowers and investors aided in bringing in higher revenues. There has been a reportedly lower risk for lenders due to collateral and margin calls.
2019-1-4 08:00 | |
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The third-quarter financial report from Bitmain is expected to reveal a drop in revenues on lower ASIC sales but also losses on a portfolio of Bitcoin Cash (BCH). According to leaked information, the situation is far worse than anticipated.
2018-12-5 14:31 | |
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Cryptocurrency exchanges are catching up to their traditional counterparts, a new study suggests. According to a report released by global professional services company Accenture, revenue from cryptocurrency exchanges is now matching that of traditional exchanges.
2018-11-29 20:08 | |
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The year of 2018 was very successful in the history of the gaming market, whose revenues exceeded the $100 billion mark, amounting to $109 billion. Global revenues reached around $70 billion. Increased income of 56% over six years illustrates not just how gaming companies attract consumers for the first time, but also how they have become leaders […] How to Use GameCredits (GAME) Coin on Bittrex: Review was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
2018-11-15 16:07 | |
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Square’s mobile payments application, Cash App, posts impressive growth for Bitcoin transactions despite the bearish cryptocurrency market. In Square’s Q3 shareholder letter the company reports $43 million in Bitcoin revenues, contributing $560 thousand to quarterly net profit.
2018-11-10 17:00 | |
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Square’s mobile payments application, Cash App, posts impressive growth for Bitcoin transactions despite the bearish cryptocurrency market. In Square’s Q3 shareholder letter the company reports $43 million in Bitcoin revenues, contributing $560 thousand to quarterly net profit.
2018-11-9 17:00 | |
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Weekly crypto outlet Diar’s new report is proving to be disappointing for the crypto community. The Oct. 8 report suggests that Bitcoin miners are now seeing fewer profits. It contradicts the fact that Bitcoin miners’ revenues for the first half of 2018 have already gone past the 2017 numbers.
2018-10-11 17:49 | |
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The famed Bitcoin mining industry boasted of record revenues in the first half of 2018, surpassing all of 2017. However, research from Diar shows the network’s increased hashing rate meant mining firms paying retail electricity prices faced a net loss for the first time in September 2018.
2018-10-10 01:03 | |
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A new report from Diar reveals that Bitcoin miner revenues are already up to nearly $5 billion this year, and total miner earnings from 2017 were surpassed just in the first 6-months of 2018.
2018-10-10 22:56 | |
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A recent analysis of Bitcoin's mining ecosystem reveals that its profitability has diminished.
2018-10-9 11:50 | |
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Bitmain, the biggest company in bitcoin mining, has filed for its IPO in Hong Kong. As part of the approval process, the company submitted a prospectus to the Hong Kong stock exchange at the end of August 2018.
2018-9-28 23:08 | |
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Despite falling prices of cryptocurrencies like Bitcoin and Ether, a few market analysts believe 2018’s extended bear market is a mere price correction, and so-called Bitcoin “obituary” reports are “greatly exaggerated.
2018-8-19 07:28 | |
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Mobile payment service Square reveals $37 mln Bitcoin revenues for last quarter, up $3 mln from the previous quarter
2018-8-2 14:32 | |
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As part of their corporate responsibility, private firms take steps of supporting policies in high-income countries that will make it easier for poor people and poor countries to share in the benefits of globalization—policies such as easing barriers to market access for poor countries and increasing foreign aid.
2018-7-24 20:30 | |
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Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way.
2018-7-21 23:03 | |
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Hashflare, one of the largest bitcoin mining companies, said on Friday it is disabling its SHA-256 hardware and also discontinuing support for mining services on the active SHA-256 contracts. The move comes as Hashflare continues to struggle with generating revenues, the company said, putting the blame on market fluctuations. In an email to active customers,
2018-7-20 21:49 | |
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As a rapidly growing business sector, e-commerce continues to open up new avenues for exploring, comparing and purchasing products worldwide. Spl. yt, a smart contract protocol, aims improve the e-commerce system for buyers and sellers by automating functions currently performed by “middlemen” marketplaces like Amazon, eBay and Alibaba.
2018-7-16 19:45 | |
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The high growth rates seen in the crypto space over the first half of 2018 have been exceeded in June, a month that saw a spike and tremendous rise in investor interest towards ICO that could offer real potential value to investors.
2018-7-10 20:30 | |
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The travel industry is considered as the fastest-growing economic sector in the world. According to the report of the UNWTO (World Tourism Organization), it provides about 10% of the global GDP and 30% of total export of services.
2018-6-26 20:30 | |
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Canada’s Quebec province has announced that it will be suspending all approvals for new digital currency-mining projects so officials can consider deeper restrictions and potential energy price hikes.
2018-6-11 03:08 | |
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Ether's sell-off has stalled at an upward-sloping trendline, characterizing the rally from October lows.
CME plans to launch spot Bitcoin trading, challenging Binance's dominance and highlighting Wall Street's crypto interest. The post CME prepares to launch spot Bitcoin trading — FT appeared first on Crypto Briefing.
One trading desk has seen an uptick in call buying activity with targets of as high as $120,000 for December 2024.
State of Wisconsin Investment Board (SWIB) has disclosed it bought almost $100 million of BlackRock’s Bitcoin ETF $IBIT. The state pension disclosed the holdings in a 13F on Tuesday. Senior ETF analyst Eric Balchunas says these filings suggest more firms are set to buy spot Bitcoin ETFs.
“Roaring Kitty is living proof that retail can mog (outperform) institutions at the highest level,” one meme coin developer said.
Coinbase faces a system-wide outage but ensures users that funds remain secure as its team investigates the issue. The post Coinbase claims full recovery after system-wide outage appeared first on Crypto Briefing.
Previous outflows hovered around the $6 million mark, signaling a significant uptick in negative flows on Monday.