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Bitcoin Mining Revenue Reaches a 2020 Yearly High of $21 Million per Day

Bitcoin Mining Revenue Reaches a 2020 Yearly High of $21 Million per Day

Bitcoin (BTC) mining revenue has hit a new 2020 record, with $21 million per day earned on November 18.

Bitcoin Miner Integrated Ventures Sees Decline in Annual Revenue Despite Higher BTC Production

Bitcoin Miner Integrated Ventures Sees Decline in Annual Revenue Despite Higher BTC Production

Integrated Ventures Inc. reported a yearly mining revenue of $3,862,849, despite an increase in Bitcoin production to 162.71 BTC in 2023 from 108.29 BTC in 2022. The dip in revenue is attributed to the declining cryptocurrency market with the average dollar value of mined Bitcoin dropping significantly.

Authorities Uncover Illegal Bitcoin Mining Farm In Kyrgyzstan

Authorities Uncover Illegal Bitcoin Mining Farm In Kyrgyzstan

Federal authorities have uncovered a large illegal Bitcoin mining site in Kyrgyzstan in the territory of the Bishkek Free Economic Zone.

UK’s Argo Crypto Mining Firm Begins Paying CEO in Bitcoin

UK’s Argo Crypto Mining Firm Begins Paying CEO in Bitcoin

Argo blockchain crypto mining firm has become the first publicly listed company to pay its CEO in Bitcoin.

Chinese Bitcoin Mining Giant Canaan Files for $400m US IPO

Chinese Bitcoin Mining Giant Canaan Files for $400m US IPO

One of China’s largest bitcoin mining hardware makers, Canaan Creative, publicly filed for a U.S. IPO on Monday, The Block Reports.

UK’s Argo Blockchain Buys 320 Acres in Texas to Build Bitcoin Mining Facility

UK’s Argo Blockchain Buys 320 Acres in Texas to Build Bitcoin Mining Facility

London-based Argo Blockchain has joined an increasing number of firms seeking to construct crypto mining facilities in Texas, US.

China's Bitmain shows Bitcoin Mining remains Profitable After Posting $300 Million in Revenues

China's Bitmain shows Bitcoin Mining remains Profitable After Posting $300 Million in Revenues

Bitmain, one of the largest mining equipment makers globally, has reported revenues of $300 million thus far in 2020. While its business has faced turmoil in recent times, the core strategy continues to reap benefits.

Square’s Cash App Q3 Report Attributes 80% of $2 Billion Revenue to Bitcoin

Square’s Cash App Q3 Report Attributes 80% of $2 Billion Revenue to Bitcoin

Square’s Cash App Q3 report shows that Bitcoin has overtaken all other revenue sources and accounts for 80% of its entire $2 billion third-quarter revenue.

Revenue from MicroStrategy’s $600M Private Offering Will Be Used to Buy Even More Bitcoin

Revenue from MicroStrategy’s $600M Private Offering Will Be Used to Buy Even More Bitcoin

MicroStrategy will host a $600M private offering and the revenue will be used to buy more Bitcoin.

Nigeria Expects to Generate a Revenue Stream of $6 Billion Through Blockchain Technology by 2030

Nigeria Expects to Generate a Revenue Stream of $6 Billion Through Blockchain Technology by 2030

Nigeria says that blockchain in the country could generate a revenue of between $6 and $10 billion in 10 years.

North America To Get Its First Bitcoin Mining Pool to Rival China’s Crypto Mining Dominance

North America To Get Its First Bitcoin Mining Pool to Rival China’s Crypto Mining Dominance

US-based Titan crypto mining software company sets to launch the first Enterprise-Grade Bitcoin Mining Pool in North America.

Iran to Pump Liquidity in Economy by Permitting Power Plants to Mine Bitcoin

Iran to Pump Liquidity in Economy by Permitting Power Plants to Mine Bitcoin

Iran has given power plants the green-light to undertake Bitcoin mining on a large scale as this will spur economic growth from the revenue generated. Nevertheless, interested parties must adhere to various regulations like not using subsidized fuel to extract Bitcoin and other cryptocurrencies.

Bitcoin 2019 Yearly Overview - Price Movements, Advancement and Adoption

Bitcoin 2019 Yearly Overview - Price Movements, Advancement and Adoption

The rise and fall of Bitcoin in 2019, with information on price. adoption and what 2020 could hold.

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