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Report: Bungie Will Lose Independence Within Sony If Destiny 2 Fails Financial Goals
6.12.2023
While Sony acquired Destiny 2 maker Bungie for $3.6 billion in 2022, it repeatedly claimed the creator of Halo and other hits would remain an “independent subsidiary.” Now IGN reports that if Bungie’s sci-fi MMO keeps failing revenue targets, Sony could dissolve its existing board of directors...
PlayStation Stumbles With Half Its Live-Service Games Delayed
9.11.2023
Sony was betting big on turning PlayStation into a live-service juggernaut, but it sounds like the platforms shift into online multiplayer games hasn’t been anywhere near as quick or smooth as it once hoped. Unlike originally planned, Sony president Hiroki Totoki told investors six of the company’s...
U.S. Crypto Stocks Ride BTC Momentum in Pre-Market Trading
9.11.2023
COIN, MSTR, HOOD and mining stocks were all showing upward movement in pre-market trading after BTC rose to its highest level in 18 months
Marathon Digital Reports $97.5 Million Revenues in Q3 2023 With Massive Surge in Bitcoin Production
9.11.2023
Source: AdobeStock / Photocreo Bednarek Marathon Digital Holdings, a prominent Bitcoin mining company, has announced a remarkable financial performance in the third quarter of 2023. The company reported a substantial 670% year-on-year increase in profit, primarily driven by a nearly five-fold rise...
Marathon Digital sees 670% revenue gain in Q3 as Bitcoin production surges
9.11.2023
Marathon announced a 467% increase in Bitcoin production year-on-year in the third quarter, while hashrate rose over 400% in the same timeframe
Bitcoin Miner Marathon Digital Beats Q3 Earnings Estimates, but Misses on Revenue
8.11.2023
The miner sees yearly mining power guidance exceeding/TKTK 23 EH/s this year
Marathon, Riot among most overvalued Bitcoin mining stocks: Report
8.11.2023
Bitcoin mining analyst Jaran Mellerud said there are “better-priced opportunities” that could even out the valuation discrepancies between the mining stocks
Marathon Digital and Nodal Power Unveil Methane-Fueled Bitcoin Mining Pilot in Utah
3.11.2023
On Thursday, Marathon Digital, a publicly traded bitcoin mining company, announced its partnership with Nodal Power, revealing plans to initiate an innovative 280-kilowatt (kW) bitcoin mining pilot project in Utah. The project harnesses biogas, specifically methane from a landfill, to fuel...
Bungie To Destiny 2 Fans: 'We Have Lost A Lot Of Your Trust'
2.11.2023
Bungie called this week “one of the most difficult” in its history in its first address to Destiny 2 players since news broke of mass layoffs and delays at the studio. The statement went on to double-down on Bungie’s commitment to the upcoming The Final Shape expansion, but left many more questions...
Bitcoin Miner Marathon Tests BTC Mining With Methane Gas From Waste Landfill
2.11.2023
The 280 Kilowatt (kW) pilot project in Utah is already operational
Report: Bungie Blames 100 Layoffs On Players Leaving Destiny 2
31.10.2023
Bungie employees knew the Destiny 2 studio was struggling, but might not have expected a recent mass layoff of roughly 100 staff. That’s according to a new report by Bloomberg which details a meeting earlier this month in which studio leadership blamed poor player retention following 2023's...
Destiny 2 Fans Worry About The Future After Cuts And Delays
31.10.2023
“Deep Stone Lullaby is the most gorgeous piece of game music that you’ve never heard,” wrote PC Gamer’s Tim Clark back in 2021. The “melancholy slice of sci-fi magic” was tucked away inside the raid for Destiny 2’s Beyond Light expansion, one of the multiplayer shooter’s end-game activities that...
Quality Bitcoin Mining Stocks Offer a Good Way to Gain Exposure to the Next Bull Run: Bernstein
31.10.2023
Bernstein expects bitcoin to rise to a high of $150,000 in the 2024-2027 cycle, the report said
Report: Destiny 2's Climactic The Final Shape Expansion And Marathon Shooter Delayed
30.10.2023
In addition to an unspecified number of job cuts, Destiny 2 maker Bungie has also been racked by delays. Bloomberg reports that the sci-fi MMO shooter’s The Final Shape expansion has slipped from February to June, with upcoming extraction shooter Marathon getting delayed to 2025. Read more
Destiny 2 Maker Bungie Latest PlayStation Studio To Cut Staff
30.10.2023
Bungie is the latest PlayStation studio to face layoffs. While the scale of the cuts wasn’t immediately apparent, multiple, now-former staff members began posting on social media on October 30 that they’d been let go by the beloved Destiny 2 maker. Read more
Bitcoin Miner Marathon to Custody Some of Its BTC With Fidelity Digital
18.10.2023
The miner is adding Fidelity to diversify its bitcoin (BTC) custody
Just how bullish is the Bitcoin halving for BTC price? Experts debate
18.10.2023
Analysts recently debated whether or not the Bitcoin halving is still a meaningful catalyst for BTC’s price discovery
Bitcoin Mining Industry Is at a ‘Crucible Moment,’ JPMorgan Says
11.10.2023
The bank initiates research coverage of CleanSpark (top pick), Marathon Digital, Riot Platforms and Cipher Mining
Marathon Digital Boosts Production Capacity By 20%, Mines 1,242 BTC in September
5.10.2023
Bitcoin miner, Marathon Digital (MARA) increased its monthly production hash rate by 20%, recording an uptick in share prices amid an uncertain crypto market.
In its September Production Update, the miner produced 1,242 Bitcoin (BTC) marking a 16% growth from August and a 245% increase in the last...
Bitcoin miners Marathon, Riot, CleanSpark increase BTC output in September
5.10.2023
Marathon Digital, in particular, produced 1,232 Bitcoin in September, which accounted for a record 4.3% share of Bitcoin miner rewards