Bitcoin mining company BitFuFu reported a 47.5% increase in revenue for the third quarter of 2024, reaching $90.30 million compared to last year. Growth in cloud mining solutions played a key role, with revenue rising 51.4% to $68.90 million. The number of registered users increased by 75.3% to a total of 455,764.
Despite the drop in production, bitcoin mining revenue rose 40.4% to $20.50 million due to higher bitcoin prices. The company also reported an 88.5% increase in its mining capacity.
BitFuFu third quarter revenue up 47.5% to $90.30 million
2024-11-06 07:27:34
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