profitability

Bitcoin mining profitability is more than ever tied to geographic location, with the cost of bitcoin mining drastically different across the globe. The most recent halving event, which occurred in April 2024, reduced the block reward from 6.25 to 3.125 BTC. This sudden shift has exacerbated the ongoing lack of...

SATO Technologies is celebrating a powerful fiscal performance, highlighted by a 51% increase in net profits, to $1.17 million. The company’s digital asset holdings doubled year-over-year to $4.56 million and digital assets revenue increased by 48% to $16.05 million. Maintaining profitability after the April 2024 Bitcoin halving, SATO is now...