• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

BitRiver Reports Significant Revenue Growth

user avatar

by Giorgi Kostiuk

a year ago


The Russian company BitRiver announced a revenue growth of almost 60% last year, which reflects the successful development of the cryptocurrency mining industry in the country.

BitRiver Revenue Growth

Last year, BitRiver reported a revenue growth of nearly 60%. The company's success is linked to increased demand for data center services and the attraction of major clients from various countries.

Infrastructure Development

BitRiver operates 15 data centers with a total capacity of over 500 MW, providing hosting and maintenance services for mining equipment. The company is actively expanding its infrastructure, investing in new projects and technologies.

Market Prospects

Analysts note that such a significant increase in revenue confirms BitRiver's leading market position and the overall prospects of Russian mining.

BitRiver's revenue growth demonstrates the dynamic development of the cryptocurrency industry in Russia and highlights the importance of investing in new technologies and infrastructure.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Risk Management in Forex Options Trading

chest

Effective risk management frameworks are crucial for sustaining profitability in forex options trading.

user avatarLi Weicheng

BNB Chain and Other Networks Face Declines in Activity and Fees

chest

In December 2023, BNB Chain and several other networks reported significant declines in transaction volumes and fee revenues, reflecting a quieter on-chain environment amid broader market conditions.

user avatarLeo van der Veen

China Proposes New AI Regulations to Protect Users

chest

China's CAC proposed new regulations on December 27th targeting AI chatbots to ban harmful content and enhance user emotional safety.

user avatarMaya Lundqvist

Magic Pages Website Launching Soon

chest

Magic Pages, a brand new site by Jannis Fedoruk-Betschki, is currently unavailable but will be up and running shortly. In the meantime, users can subscribe to stay updated and receive emails when new content is published.

user avatarKaterina Papadopoulou

CRV Price Action Enters Key Demand Zone

chest

Curve's CRV is approaching a critical price zone where market dynamics may shift.

user avatarTomas Novak

Hedera HBAR Price Struggles Amid Market Uncertainty

chest

Hedera HBAR price remains near recent lows as market conditions remain challenging despite some positive developments.

user avatarLeo van der Veen

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.