BTC $75,915.27 -0.22%
ETH $2,243.00 +0.04%
BNB $693.67 -0.35%
XRP $1.17 -2.09%
SOL $89.95 -0.51%
TRX $0.3192 +0.46%
DOGE $0.0719 -0.89%
ADA $0.1833 -1.77%
BCH $258.45 -3.33%
LINK $10.82 -0.41%
HYPE $78.40 +0.04%
AAVE $131.94 +1.86%
SUI $0.8616 -0.75%
XLM $0.1529 -1.08%
ZEC $1,294.48 +0.11%
AAPL $342.93 +0.62%
AMZN $259.85 -1.04%
GOOGL $285.57 +0.48%
MSFT $531.86 -0.21%
META $613.16 +0.91%
NVDA $188.24 -1.39%
TSLA $359.28 +1.95%
SNDK $833.74 -7.38%
INTC $56.24 +1.13%
SPCX $135.12 +4.09%
MU $691.52 -3.74%
AMD $447.67 +2.00%
BTC $75,915.27 -0.22%
ETH $2,243.00 +0.04%
BNB $693.67 -0.35%
XRP $1.17 -2.09%
SOL $89.95 -0.51%
TRX $0.3192 +0.46%
DOGE $0.0719 -0.89%
ADA $0.1833 -1.77%
BCH $258.45 -3.33%
LINK $10.82 -0.41%
HYPE $78.40 +0.04%
AAVE $131.94 +1.86%
SUI $0.8616 -0.75%
XLM $0.1529 -1.08%
ZEC $1,294.48 +0.11%
AAPL $342.93 +0.62%
AMZN $259.85 -1.04%
GOOGL $285.57 +0.48%
MSFT $531.86 -0.21%
META $613.16 +0.91%
NVDA $188.24 -1.39%
TSLA $359.28 +1.95%
SNDK $833.74 -7.38%
INTC $56.24 +1.13%
SPCX $135.12 +4.09%
MU $691.52 -3.74%
AMD $447.67 +2.00%

aw

All
Article
Flash

first_img TeraWulf's third-quarter Bitcoin mining revenue decreased by 69%, while HPC leasing revenue increased by 774%

TeraWulf, a Bitcoin mining company listed on NASDAQ, announced its third-quarter financial report, revealing that its Bitcoin mining revenue dropped from $43.4 million in the same period last year to $13.2 million, a decrease of approximately 69%. During the same period, high-performance computing (HPC) leasing revenue reached $63 million, an increase of 774% compared to $7.2 million in the same period last year. Total revenue was $76.2 million, a year-on-year increase of 51%, with HPC leasing contributing 83%, compared to only 14% in the same period last year.The company's net profit attributable to shareholders for the third quarter was $709.9 million, which included a non-cash gain of $728.4 million from the fair value changes of warrants and derivative liabilities; operating losses widened from $24.7 million in the same period last year to $88.2 million, with adjusted EBITDA at negative $12.8 million. As of the end of the quarter, the company held approximately $2.4 billion in cash, cash equivalents, and restricted cash.TeraWulf previously signed a 20-year lease with Anthropic to provide approximately 401 megawatts of critical IT capacity for its Justified campus in Kentucky, with contract revenue of about $19 billion during the initial term. This week, the company announced it received credit backing from Google for project financing and signed an engineering, procurement, and construction agreement with Fluor Enterprises covering three data center buildings, with the first phase expected to be delivered by the end of 2027. As of September 30, its Lake Mariner campus in New York had already generated revenue from 102 megawatts of critical IT capacity, with an additional 336 megawatts under construction; the contracted power capacity at the Muskie campus in Kentucky has been increased from 500 megawatts to 1 gigawatt, pending regulatory approval.

first_img Bull Bitcoin became the first exchange to support Payjoin privacy deposits and withdrawals as well as default transactions

Bull Bitcoin, a Bitcoin-exclusive exchange, announced a deep integration with Payjoin, claiming to be the world's first Bitcoin exchange to offer Payjoin as a deposit and withdrawal option, introducing two new concepts: "default Payjoin" and "Payjoin transaction." Founded in 2013 by Francis Pouliot in Canada, Bull Bitcoin is the longest-operating Bitcoin-exclusive exchange globally, with its non-custodial platform allowing users in Canada, Europe, and Latin America to buy Bitcoin directly into their wallets or sell Bitcoin to bank accounts. The company also developed the free and open-source Bitcoin self-custody wallet BULL Wallet, which has been self-funded since its inception.Payjoin is an on-chain privacy protocol for Bitcoin that breaks the fundamental assumptions made by on-chain analysis companies about user behavior, such as the assumption that one of the unspent transaction outputs (UTXO) generated by a transaction is change returned to the sender. The protocol adds a layer of off-chain coordination that obscures user intent by making the amounts sent and returned ambiguous, thus protecting on-chain privacy without requiring a hard or soft fork of the Bitcoin consensus. When BULL Wallet users buy and sell Bitcoin on-chain through the built-in exchange, transactions will default to using Payjoin, helping buyers passively aggregate UTXOs in their wallets, reducing future Bitcoin miner fees while shrinking the Bitcoin UTXO set size and alleviating fee pressure for all users.Payjoin transactions are used to protect users from malicious actors attempting to glean their financial habits through on-chain analysis. Since Bitcoin transaction amounts are public, outsiders may infer personal salaries or investment strategies, and as a non-custodial exchange, Bull Bitcoin leaves an on-chain trace for every transaction. In December 2024, BULL Wallet became the world's first wallet to integrate the Payjoin V2 protocol, a project advanced in collaboration with Dan Gould and the Payjoin Dev Kit team, with all related wallet and exchange software being completely free and open-source. Users only need to download BULL Wallet, create a Bull Bitcoin exchange account, and log in through the BULL mobile app, with the rest of the process being automated.
app_icon
ChainCatcher Building the Web3 world with innovations.