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Data: Cryptocurrency mining company Phoenix Group's mining revenue reached 107 million US dollars in 2024
Bitget2025/02/12 14:55
According to Cryptonews, Abu Dhabi cryptocurrency mining company Phoenix Group has released its 2024 annual financial report.
The data shows that the company's mining revenue increased by 236% year-on-year to $107 million, with total revenue reaching $206 million and net profit of $167 million. The company currently contributes a computing power of 15.0 EH/s in the Bitcoin network, accounting for 1.9% of the total network computing power.
The company plans to go public on NASDAQ this year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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