April 20, 2025
BIT Mining Revenue Drops 101 Million Dollars in Q2
Blockchain

BIT Mining Revenue Drops 101 Million Dollars in Q2

  • by Sandra
  • August 19, 2022

Mining company BIT Mining Limited, which owns the BTC.com pool, generated $195.5 million in revenue in the second quarter. That’s $101.2 million less than in the January-March period. BTC.com generated $178.5 million

BIT Mining Revenue Drops 101 Million Dollars in Q2
Blockchain

Stronghold reduced mining capacity and debt load

  • by Sandra
  • August 17, 2022

US-based Stronghold Digital Mining announced “significant steps” to restructure debt with a reduction in bitcoin mining capacity in the second quarter. The firm liquidated an outstanding hardware loan from NYDIG and brought

Riot Blockchain lost 6 million in the quarter
Blockchain

Riot Blockchain lost $366 million in the quarter

  • by Sandra
  • August 17, 2022

Mining company Riot Blockchain posted a net loss of $366.3 million on revenue of $72.9 million for the second quarter. Riot Reports Q2 2022 Financial Results, Current Operational and Financial Summaries. “We’re

Greenidge Generation lost 7.9 million in the second quarter
Blockchain

Bitfarms Reports $142 Million Loss in Q2

  • by Sandra
  • August 15, 2022

According to the second-quarter results, Bitfarms, traded on the Nasdaq and Toronto Stock Exchange, posted a net loss of $142 million. According to a press release, the mining company mined 1,257 BTC