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Low-Cost Energy Meets High Hashrates: Bitfufu Eyes Major Oklahoma Mining Stake
17.1.2025
Bitfufu has entered into a letter of intent to acquire a controlling interest in a 51-megawatt (MW) bitcoin mining facility based in Oklahoma. Bitfufu’s Strategic $0.03 per kWh Power Play As outlined in Bitfufu‘s announcement, the facility, located in an unpopulated region, is equipped with...
BitFuFu shares rise 13% after inking 80,000 miner agreement with Bitmain
3.1.2025
The cloud mining firm will be buying the latest Bitmain S-series miners, including the higher hashrate S21 XP and S21 Pro models
BitFuFu shares rise 13% after inking 80,000 miner agreement with Bitmain
3.1.2025
The cloud mining firm will be buying the latest Bitmain S-series miners, including the higher hashrate S21 XP and S21 Pro models
BitFuFu shares rise 13% after inking 80,000 miner agreement with Bitmain
3.1.2025
The cloud mining firm will be buying the latest Bitmain S-series miners, including the higher hashrate S21 XP and S21 Pro models
BitFuFu shares rise 13% after inking 80,000 miner agreement with Bitmain
3.1.2025
The cloud mining firm will be buying the latest Bitmain S-series miners, including the higher hashrate S21 XP and S21 Pro models
BitFuFu shares rise 13% after inking 80,000 miner agreement with Bitmain
3.1.2025
The cloud mining firm will be buying the latest Bitmain S-series miners, including the higher hashrate S21 XP and S21 Pro models
BitFuFu shares rise 13% after inking 80,000 miner agreement with Bitmain
3.1.2025
The cloud mining firm will be buying the latest Bitmain S-series miners, including the higher hashrate S21 XP and S21 Pro models
BitFuFu shares rise 13% after inking 80,000 miner agreement with Bitmain
3.1.2025
The cloud mining firm will be buying the latest Bitmain S-series miners, including the higher hashrate S21 XP and S21 Pro models
BitFuFu shares rise 13% after inking 80,000 miner agreement with Bitmain
3.1.2025
The cloud mining firm will be buying the latest Bitmain S-series miners, including the higher hashrate S21 XP and S21 Pro models
BitFuFu shares rise 13% after inking 80,000 miner agreement with Bitmain
3.1.2025
The cloud mining firm will be buying the latest Bitmain S-series miners, including the higher hashrate S21 XP and S21 Pro models
BitFuFu shares rise 13% after inking 80,000 miner agreement with Bitmain
3.1.2025
The cloud mining firm will be buying the latest Bitmain S-series miners, including the higher hashrate S21 XP and S21 Pro models
Publicly Listed Miner Bitfufu Ramps Up: Secures a Fleet of 80,000 Miners From Bitmain
2.1.2025
On Jan. 2, 2025, the publicly traded company Bitfufu announced its latest strategic move, securing a partnership with Bitmain to acquire a whopping 80,000 Antminer S units from the prominent ASIC bitcoin mining machine producer. Bitfufu’s Bold Move With Bitmain In a recent disclosure to...
Bitfufu Launches Private-Label Mining Pool With Competitive Commission Rates
5.12.2024
Bitfufu, a cryptocurrency mining service provider, announced the launch of Bitfufu Pool, a private-label mining pool offering commission rates starting at 0.4%. Bitfufu Expands Services With Low-Commission Bitcoin Mining Pool The service, set to roll out next week, will be accessible via...
Cloud Mining Company Bitfufu Joins the FTSE Global Micro Cap Index
25.11.2024
Singapore-based cloud mining service Bitfufu (NASDAQ: FUFU) has officially been included in the FTSE Global Micro Cap Index. This milestone not only highlights the company’s growth trajectory but also showcases the rising prominence of bitcoin miners in the global equity markets. Joining...
Bitfufu Secures $100 Million Credit Line From Antpool Technologies
12.11.2024
Singapore-based cloud mining service Bitfufu has obtained a $100 million credit line from Antpool Technologies, intended to reinforce its bitcoin holdings. Antpool Backs Bitfufu With $100 Million Credit Agreement In a move reflecting Bitfufu‘s ambitious growth goals, the cryptocurrency...
Bitfufu Reports Q3 Revenue Increase of 47.5% Year Over Year
6.11.2024
Nasdaq-listed cloud mining services company Bitfufu has announced its unaudited financial results for the third quarter of 2024, revealing a total revenue of $90.3 million, a 47.5% increase from $61.2 million in the same period last year. The company’s cloud-mining solutions saw even more...
Bitfufu Expands to Africa: Acquires 80MW Bitcoin Mining Facility in Ethiopia
23.10.2024
Nasdaq-listed cloud mining services company Bitfufu has announced an agreement to acquire a majority stake in an 80-megawatt (MW) Bitcoin mining facility in Ethiopia. This strategic move marks a significant shift for the company as it transitions from an asset-light strategy to managing a diverse...
BitFuFu boosts Bitcoin mining with first physical facility in Ethiopia
22.10.2024
BitFuFu is no longer exclusively a cloud miner as it transitions to a more resilient portfolio.
Bitfufu Reports 70% Revenue Growth in Q2 2024, Cloud Mining Clients Pay $77 Million
21.8.2024
Bitfufu Inc., a Nasdaq-listed cloud mining services company, announced a 69.7% revenue jump for the second quarter of 2024, bringing in $129.4 million. The Singapore-based firm, established in 2020 by CEO Leo Lu, credited this growth largely to a substantial increase in cloud mining revenue, which...
Bitcoin mining expenses surge 168% amid capacity growth
20.8.2024
BitFuFu expands its mining capacity by over 60% despite a dramatic rise in Bitcoin mining costs post-halving