Bit Digital, Inc. Announces Second Quarter Financial Results

Bit Digital, Inc. (Nasdaq: BTBT) (the “Company”), a bitcoin mining company headquartered in New York, today announced its unaudited financial results for the second quarter ended June 30, 2021. Financial Highlights for the Second Quarter 2021 Revenue from bitcoin mining was $28.3 million. The number of bitcoins earned was 562.9. 70.8% of our miner fleet was deployed, in transit to, or awaiting installation in North America at June 30, 2021. We owned 32,500 miners, with 3,515 miners acquired in the second quarter...

Proactive Energy Saving Could be the Key to Cryptocurrencies Future

The cryptocurrency and blockchain market is becoming larger, more diverse in its applications, and more complex. Additionally, the largest cryptocurrency by market capitalization, Bitcoin, has had a rollercoaster year so far. It started with several major companies announcing a more open-minded approach to Bitcoin, by accepting payment for product and services, which pushed the price of the crypto to new all-time highs. Since then, however, the price of Bitcoin has significantly declined as concerns that...

MICROBITCOIN, New Network Launch with Massive Upgrade in October 2019

MicroBitCoin (MBC), first Bitcoin hard-forking cryptocurrency in Korea, is launching new network with massive upgrade in October 2019. MBC, successfully hard-forked at Bitcoin’s 525,000th block level as of May 2018, is a peer-to-peer payment protocol with a very low transaction fee of 0.0001% compared to Bitcoin and a significant increase in transaction rate per second. After said hard-fork, MBC has received positive reviews for its stable mining and fast network speed. MBC’s core dev teams announced...


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