BitFuFu's third-quarter revenue increased 47.5% to US$90.3 million "
According to online reports, Bitcoin mining company BitFuFu reported that revenue in the third quarter of 2024 increased by 47.5% to US$90.3 million compared with last year. Growth in cloud mining solutions played a key role, with revenue rising 51.4% to $68.9 million. The number of registered users increased by 75.3% to a total of 455,764. Despite the decline in production, Bitcoin mining revenue increased 40.4% to US$20.5 million due to rising Bitcoin prices. The company also reported an 88.5% increase in its mining capacity.
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