Barcelona, Spain, 26th July, 2022, Chainwire A journalist has spent a month tracking his movements via a popular move-to-earn app to answer the question “Can you make money walking with NFTs?”. Ashton...
Tag: Profitability
Factors affecting BTC miner profitability
The ongoing cryptocurrency bear market has triggered a massive decline in Bitcoin (BTC) mining profitability as BTC mining expenses outpace the price of Bitcoin. Closely tied to the drop in the BTC pr...
Crypto mining profitability varies wildly based on location
Cryptocurrency miners are considered one of the main drivers of the crypto industry but the latest market downturn has put the profitability of the once-lucrative business into question. Falling crypt...
Sports Podcasting Company Blue Wire Raises $2.5 Million, Eyes Profitability In 2023
Chris Long, a former NFL player, hosts a podcast that’s licensed exclusively and co-produced by Blue … [+] Wire, a podcasting company that recently raised $2.5 million. Blue Wire has raise...
Bitcoin Again Surpasses Ethereum In Terms Of Mining Profitability: But There’s A Bigger Concern
Over the recent months, the profitability of Bitcoin mining has reduced in comparison to that of Ethereum. For almost a year, the top altcoin was consistently able to outperform Bitcoin. However, now ...
Well Health Technologies stock is set to rebound as profitability nears
Well Health Technologies (TSX: WELL) has outperformed other telehealth companies in the telehealth industry in 2020. While competitors like Doximity, Hims & Hers, and Teladoc have been hit badly, ...
Bitcoin Miners Bail out as Energy Prices Soar and Profitability Plunges
More and more Bitcoin miners are throwing in the towel amid soaring energy prices and plunging profitability. This has had a knock-on effect on hash rates and difficulty, which are also starting to fa...
Bitcoin Mining Facility Shut Down Following Sharp Decline In Miner Profitability
Bitcoin mining has been seeing a decline in profitability in recent times. This comes as no surprise given the drop in the value of the token and since profitability largely depends on what price BTC ...
Ethereum Energy Consumption Sees Sharp Decline As Mining Profitability Drops
Ethereum energy consumption had been on the rise through 2021. Most of it had been triggered by the bull market which had brought renewed interest to the market. However, with the market now finally h...
Ethereum Hashrate Plunges Over 10% As Mining Profitability Drops
Data shows the Ethereum mining hashrate has declined over 10% in the last month as miner profitability has dropped. Ethereum Mining Hashrate Takes A Dip, Now Only Around 862 TH/s As pointed out by an ...
Bitcoin Miners Dump Their BTC Holdings En Masse As Mining Profitability Hits ‘Critical Low’ ⋆ ZyCrypto
Advertisement     According to on-chain crypto-data firm Arcane Research, a huge number of bitcoin miners have been forced to liquidate their holdings in the $20,000 r...
The Crypto Crash is Sinking GPU Prices as Mining Profitability Plummets
Gamers rejoice! While crypto investors look for the bottom to the ongoing meltdown, the cost of graphics cards has steadily decreased amid the ongoing crypto market crash. “GPU prices dropped 15...
Bitcoin miners forced to liquidate holdings by over 100% in May as profitability declines
Bitcoin miners are feeling the impact of the crypto market correction by resolving to sell their haul, moving away from the previous approach of ‘HODLing’ the asset. Due to the dropping profitability...
Citi upgrades Boeing to a buy citing BA’s ability to meet production and profitability targets
On June 16, Boeing (NYSE: BA) was upgraded from a Hold to a Buy/High Risk with a price target of $209. This upgrade hinges on the aerospace giant’s ability to resolve its medium-term risks, while the ...
Shiba Inu (SHIB) Profitability Plunges To Hell As Bloodbath Continues
The market crash has been especially brutal for meme coins such as Shiba Inu and Dogecoin. These coins had recorded impressive numbers in the bull runs of 2021 but the real test had come once the mark...
Survey Shows NFT Buyers Flipping Out Due To Profitability Issues
The place of non-fungible tokens has suddenly risen with the digital space over the past year. As a result, more people and brands embrace NFTs on different occasions with different purposes. Some bus...
Crypto.com to lay off 260 employees to “optimise profitability”
Crypto.com has announced it will be laying off 5% of its workforce, as they focus on their roadmap and growth. The tweet by CEO Kris Marszalek, comes during the worst crypto slump for 13 months. Durin...
BlockFi cutting 20% of staff to prioritize profitability goal
? Want to work with us? CryptoSlate is hiring for a handful of positions! Cryptocurrency lending platform BlockFi became the fourth crypto company to downsize in order to survive the current market by...
Here’s The Profitability Of Investors Amidst Bear Market
The crypto market has been facing a bumpy ride of late, as most of the top-notch cryptocurrencies have lost as much as 40 percent of their value in the past couple of weeks. Two of the largest cryptoc...
Bitcoin, Ethereum Profitability For Investors
The battle for higher profitability between Bitcoin and Ethereum has been a long-running one. These two cryptocurrencies command the most market share in the market, and by extension, have the most su...
Fintechs delay IPO plans, focus on profitability amid recession fears
Investment in fintech is slowing as worries around rising inflation and the prospect of higher interest rates have dented economic sentiment. Elena Noviello | Moment | Getty Images AMSTERDAM — Financi...
How did Tron [TRX] manage to outdo BTC, ETH & SHIB in profitability since June 2021
Tron [TRX] has a lot to its credit. The token, after suddenly being in the news for the last couple of weeks, has not managed to mark its presence by making some other significant moves in the ongoing...
Bear Market Outlook: Public Bitcoin Mining Companies And Their Profitability
As the market inches towards what looks to be a bear market, bitcoin investors are looking towards other blockchain avenues to weather what is expected to be a long winter. Public bitcoin miners are o...
Bitcoin Profitability Touches Two-Year Lows Following Market Struggles
The crypto market has been struggling for a while now and has taken the likes of Bitcoin down with it. The result of this extended trend of low prices has been that profitability has dropped across bo...
Aurora Cannabis Slashing Weed Capacity in Profitability Push
Aurora Cannabis (ACB) – Get Aurora Cannabis Inc. Report needs to cut costs after going on a spending spree, and the company is willing to seriously reduce capacity to do so. Two weeks after an...
Ethereum Profitability Dumps To 2-Year Low As Price Corrects Below $2,000
Ethereum has been on a downtrend along with the rest of the crypto market. This has seen the value of the cryptocurrency plunged below $2,000 and efforts to recover above this major resistance level h...
Canopy Growth tanks on Q4 results: ‘achieving profitability is critical’
Shares of Canopy Growth Corp (NASDAQ: CGC) are down nearly 20% on Friday after the cannabis company reported its fourth-quarter results that came in shy of Wall Street expectations. Notable figures in...
The Biggest Companies Making The Least Money [Infographic]
Major companies with billions of dollars in revenue are moneymakers earning their investors and stakeholders fortunes. Unless—the opposite happens and they become money pits devouring unfathomable amo...
Dogecoin Profitability Increases to 53%, On-Chain Signals Hint at Bullish Indications
Tomiwabold Olajide On-chain signals are showing bullish indications for the largest meme cryptocurrency According to IntoTheBlock data, the profitability of the largest meme cryptocurrency, Dogecoin (...
Bitcoin Miners Face Shrinking Profitability Amid Crypto Crash
Bitcoin gold crash getty As bitcoin enters a new bear market, the mining sector is feeling the pain. Specifically, miners are seeing their profit margins dwindle as Bitcoin’s price falls and Bitcoin’s...
Bitcoin’s Profitability at Lowest Point in 2 Years
Arman Shirinyan Bitcoin’s profitability is no longer extremely high compared to other assets The profitability of almost any cryptocurrency in 2021 was at the top as currencies like Shiba Inu, E...
DraftKings Lands New Bull as Profitability Nears. This Analyst Also Likes Penn.
Text size Casinos are traditionally unaffected even in a recession scenario. Ethan Miller/Getty Images DraftKings and Penn National Gaming stocks will outperform the market by selling additional produ...