Bitfufu Reports 70% Revenue Growth in Q2 2024, Cloud Mining Clients Pay $77 Million

by CryptoExpert

August 21, 2024

in Mining

Bitfufu Reports 70% Revenue Growth in Q2 2024, Cloud Mining Clients Pay $77 Million

Bitfufu Inc., a Nasdaq-listed cloud mining services company, announced a 69.7% revenue jump for the second quarter of 2024, bringing in $129.4 million. The Singapore-based firm, established in 2020 by CEO Leo Lu, credited this growth largely to a substantial increase in cloud mining revenue, which made up more than half of the quarter’s earnings. […]

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Bitdeer Cranks up Bitcoin Mining Power While Rivals Stampede Into AI

Tether’s $120 million Uruguay mining failure now shadows its next Bitcoin bet in Brazil

Treasury ‘Not-QE’ Fuels Bitcoin Rally

Tags: Bitcoin

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