Also, Marathon Digital has disclosed the nature of its exposure to the cryptocurrency-focused institution Silvergate Bank, which is no longer in business. The troubled Bitcoin (BTC) mining company Marathon Digital Holdings Inc (NASDAQ: MARA) has issued its performance evaluation for the fourth quarter (Q4) of 2022, in which it revealed a revenue that was lower … Read more
Miners of cryptocurrencies are currently the focus of scrutiny from lawmakers in the United States. The efforts of U.S. Sen. Edward Markey and U.S. Rep. Jared Huffman have resulted in the reversal of a crypto mining bill that would have required greater disclosure of information regarding emissions of greenhouse gases. A session on the ecological … Read more
Riot Platforms, a firm that mines Bitcoin (BTC), has recently published a report on its business’s financial and operational success for the entire year 2022. But at the same time, tripling its hashrate capability, the company brought in a total of $259.2 million in revenue for the fiscal year that concluded in December 2022. Riot … Read more
Reports indicate (1) that Marathon Digital Holdings, Inc. anticipates recording revenue of $38.4 million for the quarter ending in December 2022. Even though this amount is three times higher than what the cryptocurrency miner made in the previous quarter, it is still lower than the $60.3 million that it made in the same time period … Read more
The United States of America has emerged as one of the most important countries for mining cryptocurrencies worldwide. The United States of America is now home to several cryptocurrency mining companies that rank among the most successful in the world. As a result of China’s ongoing crackdown on cryptocurrency mining activities over the past few … Read more