Bitfufu has entered into a letter of intent to acquire a controlling interest in a 51-megawatt (MW) bitcoin mining facility based in Oklahoma. Bitfufu’s Strategic $ 0.03 per kWh Power Play As outlined in Bitfufu‘s announcement, the facility, located in an unpopulated region, is equipped with fully operational power and mining infrastructure. Electricity is …
On Jan. 2, 2025, the publicly traded company Bitfufu announced its latest strategic move, securing a partnership with Bitmain to acquire a whopping 80,000 Antminer S units from the prominent ASIC bitcoin mining machine producer. Bitfufu’s Bold Move With Bitmain In a recent disclosure to the U.S. Securities and Exchange Commission (SEC), Nasdaq-listed Bitfufu shared […]
Singapore-based cloud mining service Bitfufu (NASDAQ: FUFU) has officially been included in the FTSE Global Micro Cap Index. This milestone not only highlights the company’s growth trajectory but also showcases the rising prominence of bitcoin miners in the global equity markets. Joining the ranks of notable bitcoin miners like Bitfarms, Core Scientific, Cipher Mining, and […]
Bitfufu Inc., a Nasdaq-listed cloud mining services company, announced a 69.7% revenue jump for the second quarter of 2024, bringing in $ 129.4 million. The Singapore-based firm, established in 2020 by CEO Leo Lu, credited this growth largely to a substantial increase in cloud mining revenue, which made up more than half of the …
PRESS RELEASE. In order to allow more users to experience cloud mining, BitFuFu has introduced the Trial Cash feature. During the initial launch, we’re giving away 10 Million Trial Cash, so invite your friends to share this bounty! There are additional referral rewards waiting for you too! What is Trial Cash? Trial Cash is a […]