BTC $62,991.92 -0.04%
ETH $1,879.45 +0.01%
BNB $604.80 -0.96%
XRP $1.00 -0.18%
SOL $75.38 +0.17%
TRX $0.3309 -0.51%
DOGE $0.0697 -0.36%
ADA $0.1768 -1.41%
BCH $203.35 -1.20%
LINK $9.35 -0.31%
HYPE $57.21 +1.73%
AAVE $85.95 -1.01%
SUI $0.6761 -0.92%
XLM $0.1567 -1.05%
ZEC $486.79 -0.67%
BTC $62,991.92 -0.04%
ETH $1,879.45 +0.01%
BNB $604.80 -0.96%
XRP $1.00 -0.18%
SOL $75.38 +0.17%
TRX $0.3309 -0.51%
DOGE $0.0697 -0.36%
ADA $0.1768 -1.41%
BCH $203.35 -1.20%
LINK $9.35 -0.31%
HYPE $57.21 +1.73%
AAVE $85.95 -1.01%
SUI $0.6761 -0.92%
XLM $0.1567 -1.05%
ZEC $486.79 -0.67%

BitFuFu's total revenue in the third quarter grew by 47.5% to $90.3 million, with self-mining revenue accounting for 22.7%

2024-11-06 15:29:42

ChainCatcher news, Bitcoin mining company BitFuFu reported that total revenue for the third quarter of 2024 increased by 47.5% compared to last year, reaching $90.3 million. Among this, revenue from cloud mining solutions was $68.9 million, accounting for 76.3% of total revenue, a 51.4% increase from $45.5 million in the same period of 2023; revenue from Bitcoin self-mining operations was $20.5 million, accounting for 22.7% of total revenue, a 40.4% increase from $14.6 million in the same period of 2023. As of September 30, 2024, the total balance of cash, cash equivalents, and digital assets was $142.7 million.

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