Tag Archives: Singapore-based cloud Bitcoin

BitFuFu Q3 revenue doubles as rising Bitcoin prices boost miner demand

BitFuFu Q3 revenue doubles as rising Bitcoin prices boost miner demand

BitFuFu, the Singaporean cloud-based Bitcoin miner, struck gold in Q3, doubling its revenue year-over-year. Fueled by surging demand for both its cloud mining services and mining equipment, BitFuFu helped miners ride the Bitcoin wave as prices surged. BitFuFu’s Q3 earnings exploded, doubling revenue to a staggering $180.7 million! Cloud mining reigned supreme, fueling the surge with a whopping $122 million …

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