Higher Average Bitcoin Prices TARAWULFES Q3 Earnings

The United States-based Bitcoin mining company's revenue from the third quarter of the year has grown significantly due to the expanded mining capacity and new revenue with the AI ​​business.

For the third quarter of the year, 87% of the revenue was up to $50.6 million, up from $50.6 million in 2018. According to Monday's RE2 earnings reports.

In Q1, the company reported a net loss, and in Q2, mining revenue rose more than 34% year-over-year – from $47.6 million to $47.6 million.

“On the other hand, Bitcoin's decrease in total, in part, is mainly due to the fact that they are mainly increasing,” Miner said.

In Q3 2024, it will establish 377 sexes in the three months, compared to 555, compared to $ 61,023.

They also mentioned the revenue that will be generated from the expansion of the mining capacity and the high performance of the lease agreement.

Miners have moved away from Bitcoin concentration

Bitcoin miners are switching to AI and high-powered computing hosts in their environment. In April 2024, when the capacity of miner reward services changed, the results show that it is still on small mechas.

from From the time of the focus on minerals, Paul said that “in the fourth quarter” in the fourth square, “in the fourth square” was baptized as a thresh, and “according to the fourth quarter raised” in the fourth square, he said, “it was replaced in the traffic.”

He added, “We entered the joint coverage of Abutatati with the Gool Lake and the Gool Lake and the Gool Lake and the Gunisha Lake and the Gulway Power Pool.

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Taralufu is financing the expansion of a data center at its Auto Central campus in New York with $200 billion in highly secure, highly secure storage. Thank you thank you thank you thank you thank you thank you thank you thank you thank you thank you thank you thank you thank you thank you thank you thank you thank you thank you thank you thank you thank you thank you thank you thank you thank you thank you thank you thank you thank you thank you thank you thank you In addition, the vehicle was placed with three ten-year lease agreements with the AI ​​infrastructure provider, which is worth $6.7 billion.

Stock price on the process

During the Monday trading session, TARAWULFF stock (Wulf) represents a 6% increase in relation to the previous price of $13.94.

However, at the end of the session, the miner gained 0.49% at $14.30 after the bell.

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