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Global GPU price drops to compensate for falling Bitcoin mining revenue
9.7.2022
The meteoric drop in GPU prices opened up a small window of opportunity for small-time miners to procure a piece of more powerful and efficient mining equipment
Bitcoin mining stocks rebound sharply despite a 70% drop in BTC miners' revenue
6.7.2022
The rally across top Bitcoin mining stocks could trap bulls as BTC price sentiment remains gloomy
Report: Huobi to Start Layoffs That Could ‘Exceed 30%’ — Founder May Sell Stake in Company
3.7.2022
According to the Chinese journalist Colin Wu, otherwise known as “Wu Blockchain,” the cryptocurrency company Huobi may lay off 30% of the firm’s staff due to “a sharp drop in revenue.” Furthermore, the reporter claims that Huobi’s co-founder Leon Li...
Sleeping Bitcoins Wake Up, Kiyosaki Waits for $1,100 BTC, and Zuckerberg Eyes Metaverse Money — Bitcoin.com News Week in Review
2.7.2022
As July begins and markets remain bearish, there’s still no shortage of dynamic developments in the crypto space. In this week’s Bitcoin.com News Week in Review, ‘sleeping bitcoins’ from 2010 make moves, Rich Dad Poor Dad author Robert Kiyosaki says he is waiting...
Fire Emblem Heroes Becomes Nintendo’s First Billion-Dollar Mobile Game
1.7.2022
I’ll admit that, until yesterday, I had no idea Fire Emblem Heroes was still active and updated. But a lot of people are still playing the game and apparently spending money on it, too. New data shows that Fire Emblem Heroes has just reached $1 billion in revenue, becoming the first Nintendo mobile...
Can Crypto Launchpads Maximise Your Revenue? Earn With BoostX, Polkadot (DOT), & Tezos (XTZ)!
29.6.2022
Although cryptocurrency has made a lot of people rich and is constantly advertised as a way to make passive income, it is still risk-free to buy into the market due to its volatility. So what is the secret of successful buyers? Can You Really Replace Your Income? Cryptocurrency continues...
Huobi Global Could Cut Over 30% Workforce as China Crackdown Leads to Fall in Revenue
28.6.2022
Cryptocurrency exchange Huobi could cut more than 30% of its workforce after having to remove Chinese users from the platform
Bitcoin mining revenue mirrors 2021 lows, right before BTC breached $69K
28.6.2022
The key to survival for Bitcoin miners boils down to the delicate balance between the revenue and the operating cash flow
Mark Zuckerberg Expects Billions of People to Use the Metaverse Generating Massive Revenue for Meta
27.6.2022
Mark Zuckerberg, CEO of Meta, formerly Facebook, has shared how the metaverse will be a key part of his business and bring hundreds of billions of dollars in revenue. “Our playbook over time has been build services, try to serve as many people as possible,” said Zuckerberg. Mark...
Meme Token King Dogecoin Lost 91% in Value Since Last Year’s High, DOGE Mining Revenue Plummets
12.6.2022
After a prominent rise last year, 2022 has not been too kind to the top meme coin asset dogecoin. Currently, the father of the meme coin economy, dogecoin, has lost 91% in value since the crypto asset’s all-time high. Despite the drop, dogecoin is still a top ten contender among the largest...
Declare the Side Hustle — Americans Are Concerned About the 1099-K Tax Rule for Payments Over $600
10.6.2022
Americans are worried about a new tax reporting requirement that will force applications like Venmo, Cash App, Paypal, Airbnb, and Ebay to send 1099-K forms to users. The U.S. Internal Revenue Service (IRS) is specifically focusing on payments of $600 or more for goods and services received through...
Central Bank of Armenia Urged to Regulate Cryptocurrencies
3.6.2022
Calls have been issued in Armenia for the central bank to do its job and put the country’s crypto space in order. Both government regulators and representatives of the financial sector insist that the industry needs regulation to prevent the use of cryptocurrencies for illicit purposes....
Bitcoin daily mining revenue slumped in May to eleven-month low
2.6.2022
Bitcoin miners have had a tough month, with revenue and profitability tanking in May. Hash rates remain high, however
Tips to claim tax losses with the US Internal Revenue Service
29.5.2022
With the market falling off a cliff, there will be big losses to claim on your taxes, right? Well, let’s break it down in detail
Nvidia shares plunge after Q1 figures, crypto mining card revenue 'nominal'
26.5.2022
Graphics card giant Nvidia reported "nominal" sales of its crypto mining chips and expects overall revenues to be down in Q2, which drove down its share price
Nvidia’s Crypto Mining Chip Revenue Now 'Nominal' Following Months of Decline
25.5.2022
A drop in crypto mining chip sales dragged down the chipmaker’s OEM business unit year-over-year
Brazil's Federal Revenue now requires citizens to pay taxes on like-kind crypto trades
25.5.2022
The Federal Revenue of Brazil wants investors to pay taxes on cryptocurrency trading profits, even if there is no exchange for Brazil's national currency
Jack Dorsey’s Block hits $1.3B in Q1 profits, $43M in BTC trading revenue
19.5.2022
Despite that the Bitcoin price trended down over Q1, the Block ecosystem of payment solutions with Bitcoin in mind performed well
Mining-Rig Maker Canaan Q1 Revenue More Than Triples
19.5.2022
Bitcoin mining company Canaan said revenue surged 237% from the year-earlier quarter to $213.9 million
Plus500 Board Anticipates Higher FY22 Revenue Than Expectations
17.5.2022
Plus500 is expecting to beat the market expectations after its Board announced an estimated revenue of $628.4 million for FY22. Additionally, Plus500 is expecting to register its Earning Before Interest, Taxes, Depreciation, and Amortization at $290.5 million. Figures estimated by the Board...