Bitcoin mining company TeraWulf produced 699 BTC in Q2, with a revenue of 35.6 million US dollars
Bitcoin mining company TeraWulf announced its Q2 financial report, producing 699 BTC in the quarter, a year-on-year decrease of 21%. Q2 revenue was $35.6 million, slightly higher than the market's general expectation of $35.4 million. In addition, the company reported a quarterly loss of $0.03 per share, lower than the expected loss of $0.02 per share. The company also pointed out that the cost of Bitcoin mining increased by 243% year-on-year, and mining expenditure rose from $6688/BTC in Q2 2023 to $22954/BTC in Q2 2024.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A certain whale has bought another $7.1 million worth of AAVE in the past 5 days
In the past 7 days, only 11 public chains had fee revenues exceeding $100,000.
Chainlink reserves increased by approximately 89,000 LINK tokens, bringing total holdings to around 974,000 LINK.
The Bhutan government address has reportedly sold another 160.35 ETH through OTC trading.
Trending news
MoreCrypto prices
More
