Cryptocurrency mining firm Hut 8 increased its hashrate by 79% during the first quarter of the year. According to Hut8’s latest quarterly report released on May 8, the firm saw a net loss of $134.3 […]
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Authorities in Paraguay deported three individuals and arrested another in connection with a May 15 attempted robbery at a crypto mining operation in Coronel Bogado, a town and district in Paraguay. According to statements by […]
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Bitdeer Technologies Group reported a 41% year-over-year drop in revenue to $70.1 million for the first quarter of 2025, the Bitcoin miner said on May 15. The Singaporean company clocked an operating loss of $3.2 […]
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Bitfarms reported $2.1 million in net financial income for the first quarter of 2025, a sharp decline from $11.4 million in the same period a year earlier, due to reduced gains on derivatives and warrant […]
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Bitfarms clocked a first-quarter net loss of $36 million, widening from a $6 million loss in the same period a year earlier, as the Bitcoin miner pivots from mining to high-performance computing for artificial intelligence […]
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