BTC $63,000.13 +0.03%
ETH $1,878.69 -0.02%
BNB $605.20 -0.82%
XRP $1.00 -0.12%
SOL $75.42 +0.45%
TRX $0.3308 -0.34%
DOGE $0.0698 -0.14%
ADA $0.1777 -0.51%
BCH $203.64 -1.07%
LINK $9.41 +1.14%
HYPE $57.40 +2.05%
AAVE $86.01 -0.70%
SUI $0.6765 -0.74%
XLM $0.1569 -0.78%
ZEC $487.18 -0.50%
BTC $63,000.13 +0.03%
ETH $1,878.69 -0.02%
BNB $605.20 -0.82%
XRP $1.00 -0.12%
SOL $75.42 +0.45%
TRX $0.3308 -0.34%
DOGE $0.0698 -0.14%
ADA $0.1777 -0.51%
BCH $203.64 -1.07%
LINK $9.41 +1.14%
HYPE $57.40 +2.05%
AAVE $86.01 -0.70%
SUI $0.6765 -0.74%
XLM $0.1569 -0.78%
ZEC $487.18 -0.50%

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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