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Cryptocurrency mining produced increasing revenue over the last several years, leading to 63 million U.S. dollars on a single day in 2021. Bitcoin mining is an investment, weighing the cost of energy and hardware against the expected returns. Mining pools, or groups of miners, tend to be located in regions where electricity is inexpensive. These miners also follow different virtual currencies, mining the cryptocurrency that they expect will have the highest return.  Cryptocurrencies are virtual commodities designed...

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Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, today announced its financial and operational results for the second quarter ended June 30, 2021. Second Quarter Financial Highlights (All comparisons are relative to the three-month period ended June 30, 2020 unless otherwise stated) Revenue increased 29% to $13.7 million. Subscription and services revenue growth accelerated, up 81% year over year to a record $8.2 million (60% of total revenue). Record...

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