Excess | MAKE MONEY ONLINE

US Coal Miner Uses Excess Power to Mine BTC; Earns 61 Coins in Q1 2024

2024-05-02 by admin Leave a Comment

Alliance Resource Partners (ARLP), a coal mining company in the U.S., recently disclosed its use of underutilized electricity loads for bitcoin mining. Cary Marshall, the company’s CFO, revealed that ARLP concluded the first quarter of 2024 with an approximate total of 425 bitcoins. Marshall also stated that during the first quarter, ARLP mined 61 bitcoins […]

Tether Attestation Reveals Reserve Increase of $850 Million in Q2, Excess Reserves Reach $3.3 Billion

2023-08-01 by admin Leave a Comment

Tether, the company behind the USDT stablecoin, has published an attestation revealing the company’s financials during Q2 2023. The document, prepared by BDO, a network of accounting and consulting services, found Tether has increased its reserves by $ 850 million during this period, with its overall excess reserves reaching $ 3.3 billion. Tether …