News list for " Financial Reports"

CleanSpark's bitcoin mining costs fell by 25% in the fourth quarter, and mining efficiency increased to 19.2J/TH

According to TheMinerMag, bitcoin mining company CleanSpark released its fourth-quarter financial report, showing that due to the upgrade of mining machines and the optimization of operating expenses, the company's unit computing cost decreased by about 25%. During the reporting period, the company mined 1,945 bitcoins, and the mining revenue reached 162 million US dollars. The direct production cost of each bitcoin was 36,139 US dollars. According to the financial report, CleanSpark invested $1...

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2025-02-11 01:48:31
Crypto Security Startup PQShield Completes $37 million Series B Funding

Crypto-security startup PQShield announced the completion of a $37 million Series B funding round led by Addition, with participation from Braavos Capital, Legal & General, and Chevron Technology Ventures. PQShield's technology aims to make encryption systems safe from quantum-based computer hackers. Its well-known clients include Nvidia and AMD. It is reported that the new funds will be used to hire more employees and promote closer working relationships with partners and customers.

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2024-06-23 03:36:32
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