Bitcoin Mining Firm Canaan Sees 74.8% Decline in Profit for Third Quarter as BTC Price Declines

2022-11-15 21:15

Chinese ASIC-maker Canaan Creative announced a 74.8% drop in gross profit for the third quarter as Bitcoin prices pressure profitability. The post Bitcoin Mining Firm Canaan Sees 74.8% Decline in Profit for Third Quarter as BTC Price Declines appeared first on BeInCrypto.

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Bitcoin (BTC) на Currencies.ru

$ 69638.52 (+1.30%)

Объем 24H $41.586b

Изменеия 24h: 1.97 %, 7d: -2.98 %

Cегодня L: $66916.68 - H: $69638.52

Капитализация $1377.315b Rank 1

Цена в час новости $ 16911.87 (311.77%)

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Источник: beincrypto.com

profit third → Результатов: 34

Nicehash vs Minergate: Cloud Mining Duel [2023]

Overall interest in mining Bitcoin and similar cryptocurrencies has taken a bit of a hit as of late, due to miner profitability falling through the floor along with the Bitcoin price. One area that seems to be most affected is cloud mining; profit margins here are lower by default (due to third party fees involved) […] The post Nicehash vs Minergate: Cloud Mining Duel [2023] appeared first on CaptainAltcoin.

2022-10-9 23:42	Mining
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Realized Losses Record Third Highest Yearly Value – Bitcoin (BTC) On-Chain Analysis

BeInCrypto takes a look at BTC on-chain indicators, more specifically the Net Realized Profit Loss (NRPL) indicator. The post Realized Losses Record Third Highest Yearly Value – Bitcoin (BTC) On-Chain Analysis appeared first on BeInCrypto.

2021-12-11 17:30
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Square Bitcoin revenue, profit 'may fluctuate' due to 'customer demand, market price'

Amid a flurry of companies reporting positive outcomes from their Bitcoin investments during the third quarter, digital payments giant Square has also reported $1.81 billion in Bitcoin-generated revenThe post Square Bitcoin revenue, profit 'may fluctuate' due to 'customer demand, market price' appeared first on AMBCrypto.

2021-11-5 17:30	BTC Trading View
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Is Bitcoin Mining Profitable in India? Things You Need to Know before You Start Mining

The cryptocurrency ecosystem in India has recently been booming with increased adoption. About a third of the population of youth in the country own a digital currency, make money with it and convert their profit in Bitcoin to INR.

2021-8-27 13:00	Sponsored
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How China Turning The Heat On Tesla May Drive Elon Musk To Discard BTC Worth $1.3 Billion

Back in 2018, when Elon Musk took a juicy risk to float Tesla’s third gigafactory in China amidst heated trade wars between the US and the communist nation, all the focus of the world’s largest electric motor manufacturer was set on raking in tons of profit from the world’s largest market. What could possibly go […]

2021-7-14 22:47	xbtusd
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Nicehash vs Minergate: Cloud Mining Duel [2021]

2021-4-20 15:40	Mining
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Square Reports Over $1B in Quarterly Bitcoin Revenue for First Time: Q3 Earnings

"Cash App generated $1.63 billion of bitcoin revenue and $32 million of bitcoin gross profit during the third quarter of 2020."

2020-11-7 00:21
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Yearn.finance (YFI) Holders Are Shockingly Unprofitable Despite Tremendous Rally

Despite a 65,867 percent rally, less than a third of Yearn.finance (YFI) holders are earning a profit

2020-9-22 19:03
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User Pays $2.6 Million to Transfer Just $130 Worth of ETH; By Far the Highest Fees Ever Paid

After climbing above $240, the second-largest cryptocurrency has slowed down and is keeping around this level. The percent of Ether supply in profit, which is the percentage of calculating ETH whose price at the last time it moved on-chain was lower than the current price, is currently hovering at 80%. It is the third attempt […]

2020-6-11 17:56	Ethereum (ETH)
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Bitcoin hash rate continues to fall; will miners return with "profit incentives"?

Bitcoin's third halving was one of the initial chapters in the ever-evolving crypto space. Despite being in its early stages, the halving event has shed more light on the evolution of the BTC network The post Bitcoin hash rate continues to fall; will miners return with "profit incentives"? appeared first on AMBCrypto.

2020-5-19 22:30	Trading View
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Tesla Stock Is Unstoppable, Will It Reach $420?

Coinspeaker Tesla Stock Is Unstoppable, Will It Reach $420?Tesla stock seems to be unstoppable as it soared past $400 on Thursday, which is the culmination of a late-year rally that started in October when the Silicon Valley car maker surprised investors by showing a profit for its third quarter.Tesla Stock Is Unstoppable, Will It Reach $420?

2019-12-20 20:15
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TransferWise Posts Continuous Profit for Third Consecutive Year

Coinspeaker TransferWise Posts Continuous Profit for Third Consecutive YearWith a $223 million revenue for its last fiscal year which ended in March, TransferWise has grown by more than 50%.

2019-9-19 13:15
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No More “Warning” from IRS to Crypto Taxpayers

Crypto investors receiving new letters from the IRS Anytime a mismatch is detected between the trading profit & losses reported by the taxpayer & info received from third party, letters are sent Internal Revenue Service (IRX) is not going to rest until it has wrung every single dollar that a crypto owner needs to pay […]

2019-8-16 20:22	Legal & Regulation
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Oil Field Alchemy: How Bitcoin Can Turn Waste, Emissions into Proof-of-Work

In a handful of oil fields in the Great White North, natural gas, an otherwise wasted drilling by-product, is being put to work. But it’s not being used to well more oil; it’s being used to mine bitcoin.

2019-5-8 20:07	Bitcoin
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In Plain English: SEC Publishes Guidance on Tokens as Securities

The U. S. Securities and Exchange Commission (SEC) has published an investment contract framework for digital assets, which is intended to give crypto companies guidance as to whether a cryptocurrency is a security.

2019-4-4 22:02	Regulation
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Tesla Worries Wall Street as Employees are Blindsided by Store Closures

Last week, Tesla CEO Elon Musk slashed the price of the Model 3 to $35,000 as a part of a larger strategy to compete against conventional car makers and increase profitability. In a letter sent to employees, Musk disclosed that the company generated its first profit in the third quarter of last year and will prioritize financial stability in the years ahead.

2019-3-5 16:41	Tesla
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Ebang Reveals Plans to Produce 400,000 Bitcoin Mining Units in 2019

Ebang, one of China’s top manufacturers of bitcoin miners, is planning to produce 400,000 mining machines in 2019. On February 22, 2019, Ebang reportedly announced this plan to expand dramatically throughout the fiscal year.

2019-2-26 22:09	Mining
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World Wide Meds ICO

World Wide Meds is an ecosystem that empowers people to manage their healthcare wherever they are in the world, 24/7. Built on blockchain technology, our ecosystem helps to make interactions between all participants transparent and simple.

2018-12-28 06:03
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Encrybit ICO

- ENCRYBIT THE RESEARCH BASED CRYPTOCURRENCY EXCHANGE Encrybit made history moments creating massive surveys in cryptocurrency market with 12k+ responses from traders among 167 countries. Encrybit exchange is thought of traders where we are merging their demands in reality developing the secured and featured enriched trading platform that does not want to compromise the emotions of traders.

2018-11-14 19:41
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Op Ed: Anatomy of the Tether Attack: Are Stablecoins Vulnerable?

“Go for the Jugular” is the advice George Soros gave to his team during his famous attack on the British pound for a profit of $1 billion on so-called Black Wednesday in 1992.

2018-11-15 18:50	Op-ed
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Japanese internet giant posts $5.5M loss for its cryptocurrency mining division

The latest in a string of companies posting cryptocurrency mining losses has come from Japanese internet giant, GMO. The internet infrastructure business posted a loss of over $5. 5 million dollars for its cryptocurrency mining division for the third quarter of this year, according to its recent financial report.

2018-11-13 19:09	hard fork
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GMO Internet Reports Cryptocurrency Exchange Profit Rose Over 34% in Q3 2018

GMO Internet, the Japanese technology and online finance conglomerate, presented its results for the third quarter of fiscal 2018 on Nov. 12. The presentation included new details about the performance of the Tokyo-listed group’s cryptocurrency-related businesses.

2018-11-12 21:45
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Japanese IT Gaint GMO Internet, Reveals a Boost in Profit From Cryptocurrency Business

The Japanese Technology Giant GMO Internet just published its report for the third quarter. According to the report, the IT company recorded continuous viable performance in its crypto-related businesses.

2018-11-12 20:54
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Canadian Bitcoin Miner Hut 8 Reports Q3 Loss of $8.7 Million

Hut 8 Mining Corp. , a Canadian bitcoin mining company, has released its third quarter earnings report, which shows a net loss of US $8. 7 million on higher depreciation costs. Depreciation spiked to $13.

2018-11-10 23:10
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Ravencoin Price Surges Again as Market Cap Surpasses $100m

Today is shaping up to be another day where cryptocurrency speculators need to look well outside the top 25 to make any real profit. Ravencoin is, once again, firing on all cylinders. It is the third major push in as many weeks, which seems to indicate there is a lot of genuine interest surrounding this particular altcoin […] The post Ravencoin Price Surges Again as Market Cap Surpasses $100m appeared first on NullTX.

2018-11-2 13:36
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Third Largest Online Retailer to Venture Into Blockchain Technology

Founded in 1998, the third largest internet company JD. com has announced it will be launching a blockchain research lab. The retailer is China’s largest internet company and ranked only behind Amazon and Google on the global scale.

2018-11-1 15:59	China
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XRP Is A Currency, NOT A Security

A former employee of the US Securities and Exchange Commission (SEC), Michael Didiuk has spoken about XRP and stated that the digital currency is a currency, not a security. He has also justified why he said this.

2018-10-5 15:30	XRP
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Monero Releases Malware Response Group and Successfully Patches Burn Bug

Monero has officially released its Malware Response Workgroup website yesterday. In an effort to help protect Monero’s community, the website aims to provide resources to educate about the types of malware that may take advantage of users.

2018-9-29 23:18	Digital assets
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Innosilicon’s Impending ASIC Miner Could Challenge Bitmain’s Dominance

As controversies surrounding Bitmain’s looming IPO spell uncertainty for the future well-being of the mining goliath, competitors are fast to move in on the manufacturer’s territory.

2018-9-21 01:04	Mining
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UPbit Exchange Clears $100 Million in Q3 Despite Crypto Bear Market Conditions

Korean Crypto Exchange UPbit Profits in Bear Market UPbit, a South Korean crypto exchange, profited in a bear market by $100 million. The Repository of Korea’s Corporate Filings (DART) released data indicating that in addition to UPbit’s profits, Bithumb, the country’s second-largest trading platform, also made a profit of $35 Million. The third quarter has […]

2018-8-24 21:28	News
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A Nuanced Look At Crypto Assets as Securities In Light of SEC Comments

On June 14, 2018, the Securities and Exchange Commission (SEC) director of corporate finance made waves in the cryptocurrency space when he commented at Yahoo Finance’s All Market Summit: Crypto that ether is not a security.

2018-7-3 23:16	Regulation
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Core Scientific Is Uniquely Placed to Deliver AI Data Center Scale in the Near Term: Bernstein

The bitcoin miner benefits from readily available sites and power, less competition and the ability to hire strong data center talent, the report said.

Bitcoin Miner Core Scientific Surges After AI Deal, Report of Over $1B Buyout Offer From CoreWeave

Cloud computing provider CoreWeave made an offer to buy the bitcoin miner for $5.75 per share, according to Bloomberg.

Bitcoin miner Core Scientific signs major deal with Nvidia-backed firm CoreWeave, targets $3.5B in revenue

Core Scientific signs a 12-year contract with AI company CoreWeave, expected to yield over $3. 5 billion in revenue. The post Bitcoin miner Core Scientific signs major deal with Nvidia-backed firm CoreWeave, targets $3.

Bitcoin Miners Reap Windfall as 'Runes' Debut Sends Transaction Fees to Record Highs

The Bitcoin "halving" was supposed to dramatically chop revenue of bitcoin mining companies. Instead, the simultaneous launch of Casey Rodarmor's Runes protocol has ignited a flurry activity on the oldest and largest blockchain, driving up fees.

Celsius and Core Scientific propose $45M settlement for litigation

Though subject to court approval, the two firms have agreed on a settlement in which Celsius will purchase a $45-million mining data center from Core Scientific for $14 million.

Marathon Digital Solidifies Position as World's Largest Publicly Traded Bitcoin Miner

Marathon continues to pull away from the former leader, Core Scientific.

Bitcoin Miner Core Scientific Files for Chapter 11, Seeks Restructuring Amid Crypto Winter

Core Scientific, a prominent Bitcoin mining company, has recently made headlines as it filed for Chapter 11 bankruptcy protection. The move comes as the crypto industry grapples with the enduring effects of the ongoing crypto winter, impacting various firms in the sector.

2022-11-15 21:15

profit third → Результатов: 34

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