BTC $62,889.20 -0.84%
ETH $1,878.84 -0.33%
BNB $606.50 -0.65%
XRP $0.9958 -1.18%
SOL $75.22 -1.29%
TRX $0.3325 -0.48%
DOGE $0.0699 -0.16%
ADA $0.1795 -1.44%
BCH $204.15 -1.12%
LINK $8.99 +1.52%
HYPE $56.26 -1.89%
AAVE $85.95 -2.88%
SUI $0.6788 -1.33%
XLM $0.1577 -1.01%
ZEC $489.96 -0.01%
BTC $62,889.20 -0.84%
ETH $1,878.84 -0.33%
BNB $606.50 -0.65%
XRP $0.9958 -1.18%
SOL $75.22 -1.29%
TRX $0.3325 -0.48%
DOGE $0.0699 -0.16%
ADA $0.1795 -1.44%
BCH $204.15 -1.12%
LINK $8.99 +1.52%
HYPE $56.26 -1.89%
AAVE $85.95 -2.88%
SUI $0.6788 -1.33%
XLM $0.1577 -1.01%
ZEC $489.96 -0.01%

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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