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Bitcoin miners face challenges with halved mining rewards, increased difficulty, and competition from ETFs. Marathon Digital and Riot Platforms have seen stock drops amid bitcoin's price surge.
May 28 - With mining rewards halved, mining difficulty elevated and the shiny new bitcoin exchange-traded funds stealing investor capital, it's been a tough year for...
BIT Mining (NYSE:BTCM – Get Free Report) and IBEX (NASDAQ:IBEX – Get Free Report) are both small-cap business services companies, but which is the better business? We will compare the two businesses based on the strength of their earnings, analyst recommendations, dividends, risk, valuation, profitability and institutional ownership. Insider & Institutional Ownership 5.3% of BIT […]
BIT Mining (NYSE:BTCM – Get Free Report) released its quarterly earnings data on Friday. The company reported ($0.39) EPS for the quarter, Zacks reports. BIT Mining had a negative return on equity of 60.94% and a negative net margin of 46.87%. The company had revenue of $10.41 million for the quarter, compared to the consensus […]
BIT Mining (NYSE:BTCM – Get Free Report) issued its quarterly earnings data on Friday. The company reported ($0.39) earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $10.41 million for the quarter, compared to analysts’ expectations of $77.30 million. BIT Mining had a negative return on equity of 60.94% and […]