Core Scientific Reports Yearly Revenue Decrease in Q4 2023, Net Losses Shrink

Core Scientific Reports Yearly Revenue Decrease in Q4 2023, Net Losses Shrink

Bitcoin mining firm Core Scientific announced that total revenue for fiscal year 2023 amounted to $502.4 million, reflecting a decrease of $137.9 million or 22% from the $640.3 million recorded in the previous…

AI Can Shrink ‘Time to Market’ for Web3 Startups: Google Cloud Executive

AI Can Shrink ‘Time to Market’ for Web3 Startups: Google Cloud Executive

The mainstream push for artificial intelligence has prompted many investors to shift their focus away from cryptocurrency and instead invest in generative AI startups, hoping to find the next Google Bard or OpenAI’s…

Bitcoin on-chain data shows miners offloading BTC as revenues shrink

Bitcoin on-chain data shows miners offloading BTC as revenues shrink

Bitcoin’s on-chain data provides evidence that Bitcoin miners are offloading their holdings. The factors influencing the selling pressure could be reduced earnings from a cooldown in Ordinals activity as well as mining difficulty and…

Please enter CoinGecko Free Api Key to get this plugin works.