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Another Bitcoin Mining Company in Troubles: Earnings Plummet After Halving

Crypto Economy 03 May 2024
TL;DR Bitfarms Ltd., a leading Bitcoin mining company, reported a significant drop in earnings following the recent Bitcoin halving event, earning 269 BTC in April 2024, a decrease from 286 BTC in March and a stark contrast to the 379 BTC earned in April 2023. Despite the challenges, Bitfarms is actively expanding its hash rate capacity and improving energy efficiency across the corporation ... Improving Bitcoin Mining Energy Efficiency.

EOG earnings show markets’ continued ESG bullishness as EPS and revenues surge

Invezz 03 May 2024
Sustainable energy company EOG Resources has its Q1 2024 quarterly earnings, with better-than-expected results all round ... It also reflected the continued bullishness of investors and market sentiment at large for more sustainable energy solutions ... Net income and free cash flow rise ... Dividends and EPS ... ....

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# Name Price Volume (24h) % Change (24h)
1 Bitcoin (BTC) $ 9379.51121871 29291234397.1 -2.12 %
2 Litecoin (LTC) $ 68.6382381813 5720089694.18 -1.62 %
3 Ethereum (ETH) $ 181.975638826 11767008363.1 -0.48 %
4 Veritaseum (VERI) $ 18.45 0 0.00 %
5 EOS (EOS) $ 4.206085936 3774755482.59 -0.25 %
6 Centra (CTR) $ 0.01471 0 0.00 %
7 DigiByte (DGB) $ 0.0062005626 942236.540577 0.00 %
8 AdEx (ADX) $ 0.05420 88877.21 -1.21 %
9 Humaniq (HMQ) $ 0.004962 14208.2208233 0.00 %
10 Private Instant Verified Transaction (PIVX) $ 0.2293 734764.276735 -3.14 %
11 XRP (XRP) $ 0.2412959304 1903216173.21 0.88 %
12 Bitshares (BTS) $ 0.0211442821 3198719.09431 -1.80 %
13 BitSwift (SWIFT) $ 0.4051 0 0.00 %
14 OmiseGo (OMG) $ 0.9035012009 73564679.2141 2.52 %
15 Sphere Coin (SPHR) $ 0.06553 0 0.00 %
16 Ethereum Classic (ETC) $ 11.5038562535 2965506879.02 -0.61 %
17 NEM (XEM) $ 0.0454819175 29553422.0555 0.00 %
18 Rivetz (RVT) $ 0.007995 9993 -20.90 %
19 MaidSafe Coin (MAID) $ 0.1110 1367484.96476 -0.32 %
20 FunFair (FUN) $ 0.003110 659876.996354 -2.81 %
21 Paragon (PRG) $ 0.01592 362.34112 -12.81 %
22 Stratis (STRAT) $ 0.3037 985978.792886 -0.12 %
23 NavCoin (NAV) $ 0.1015 659640.563461 -1.83 %
24 Rise (RISE) $ 0.002627 44551.98061 3.45 %
25 Verge (XVG) $ 0.0037872163 759364.83599 5.08 %
26 Reddcoin (RDD) $ 0.0007190 40259681.7228 25.00 %
27 TenX (PAY) $ 0.05483 456707.500823 -0.13 %
28 Waves (WAVES) $ 0.8912100364 82970286.3014 1.84 %
29 Lisk (LSK) $ 1.0365054837 6082448.73385 6.17 %
30 KickCoin (KICK) $ 0.0000969519 57571.4577545 5.26 %
31 Monero (XMR) $ 72.1346716882 107010674.883 0.86 %
32 Komodo (KMD) $ 0.6368109417 2702396.03471 3.95 %
33 BitcoinDark (BTCD) $ 22.00 0 0.00 %
34 Dash (DASH) $ 129.41 44110.8016989 2.43 %
35 Gnosis (GNO) $ 15.82 542.73541475 -0.64 %
36 Populous (PPT) $ 0.5442 589469.581183 5.01 %
37 NEO (NEO) $ 11.5080200258 470747259.833 7.02 %
38 BitConnect Coin (BCCOIN) $ 1.00 0 0.00 %
39 Tether (USDT) $ 1.0003916102 40283398497.6 0.00 %

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Another Bitcoin Mining Company in Troubles: Earnings Plummet After Halving

Crypto Economy 03 May 2024
Despite the challenges, Bitfarms is actively expanding its hash rate capacity and improving energy efficiency across the corporation ... Improving Bitcoin Mining Energy Efficiency.
Edit

EOG earnings show markets’ continued ESG bullishness as EPS and revenues surge

Invezz 03 May 2024
Sustainable energy company EOG Resources has its Q1 2024 quarterly earnings, with better-than-expected results all round ... It also reflected the continued bullishness of investors and market sentiment at large for more sustainable energy solutions ... ....
Edit

Unveiling Bitgert coin: The next big thing in crypto

CryptoNewsZ 03 May 2024
The first major attention to the problems of cryptocurrency was with Bitcoin’s proof of work mechanism, which is known for its high energy consumption. High energy consumption is not the only problem with the PoW ... Check the for more information.
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4 reasons to buy Celsius Holdings (CELH) stock ahead of earnings

Invezz 03 May 2024
Celsius Holding’s (NASDAQ ... The case for Celsius Holdings ... First, there are signs that the energy drink industry is doing well ... That is a positive catalyst for Celsius Holdings, which has become the fastest-growing energy drink globally ... ....
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MoonPay Expands Crypto Purchasing Options For US Users With PayPal Integration

Bitcoinist 03 May 2024
MoonPay And PayPal Join Forces ... This partnership reportedly injected “renewed energy” into Binance.US’s operations ... The BRG aims to incentivize environmentally responsible mining by identifying miners that use low-emission energy sources.
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Michael Saylor Delivers Bitcoin Masterclass To Fortune 1000 Companies

Bitcoin Magazine 03 May 2024
On the point of Bitcoin’s energy use, Saylor invoked the idea of a “physical linkage to the real world” in Bitcon’s consensus ... end of the grid in the quest of stranded energy.”It’s Going Up, Forever.
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Mining firm Stronghold considering sale of company in latest financial report

Cryptoslate 03 May 2024
However, the plan is not definite, and there is no deadline or timetable ... Rising revenue ... The vast majority of revenue, $26.7 million, came from crypto operations, while the remainder came from energy sales and other activities ... Low valuation ... ....
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Chainlink Collaborates With Rapid Addition To Develop Adapter for Institutional Digital Asset Trading

Bitcoin World 03 May 2024
See Also ... Chainlink envisions that the FIX-native adapter will have significant use cases in renewable energy products, carbon credits, and real-world assets (RWAs) such as real estate, infrastructure, and collectibles ... Disclaimer.
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US Senators Sound Alarm Over Iran’s Crypto Mining

Cryptopolitan 03 May 2024
U. S ... U.S ... “Cryptomining has become such a big industry in Iran that it has strained the country’s energy grid, leading the Iranian government to temporarily suspend crypto mining several times after it was blamed for massive blackouts.”.
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Here’s why the TLT ETF and DXY index diverged after US NFP data

Invezz 03 May 2024
US equities soared, with the Dow Jones and S&P 500 spiked by over 1.30%. Weak US NFP data. The US published a weak jobs report on Friday ... There are signs that inflation held steady in April as energy prices and industrial metal prices soared ... ....
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BlockDAG X1 Mining App Sale Vs TON Price: Can Ethereum Overtake Bitcoin?

NULLTX 03 May 2024
Overview ... Ethereum vs. Bitcoin. Clash of the Crypto Titans ... Toncoin ... BlockDAG ... This application allows users to mine BDAG coins on smartphones efficiently, promoting accessibility and energy-efficient mining that integrates seamlessly into everyday life.
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Digital Transformation Summit announces DT50 winners list! Physical conference on May 8 & 9, 2024

CryptoNewsZ 03 May 2024
The DT50 winners list celebrates visionaries, innovators, and disruptors who are driving significant advancements in technology, business, and society ... Isha Aljasmi, Director of IT, Ministry of Energy & Infrastructure ... Linoy Kidd, CIO, HSBC ... ....
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Beyond the cultural value ―how useful are Bitcoin NFTs?

LB News 03 May 2024
Bitcoin started its journey on the market as a store-of-value asset whose main features included decentralization and trustless models ... So, how could they bring any value to the industry?. Image source ... one of the most energy-intensive on the market ... .
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Top 5 Most Eco-Friendly Cryptocurrencies: BlockDAG Stands Out Amidst SOL, ADA, ALGO & Nano With ...

LB News 02 May 2024
Alongside BlockDAG, other notable cryptos like Solana, Cardano, Algorand, and Nano each contribute uniquely to the sustainable blockchain ecosystem with their energy-efficient solutions ... Energy-Efficient Innovation.
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Market Turns Red as Cardano Volume Dips & Chainlink Price Challenges While BlockDAG Mobile Mining ...

LB News 02 May 2024
This app leverages the device’s existing capabilities without excessive battery drain, thanks to its energy-efficient consensus algorithm ... to more traditional, energy-demanding mining methods.
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