Graphics card maker Nvidia has said the downturn in sales to crypto miners drove a drop in revenue in Q4, despite a record year overall.
Japanese IT giant GMO Internet has reported an operating loss of nearly $12 million for its crypto business in 2018, with mining worst hit.
Chip-making giant TSMC has reported a significant drop in revenue for its crypto mining segment in 2018.
Japanese IT giant GMO Internet plans to stop making and selling crypto mining machines, only months after launching its B3 miner.
Mike Novogratz’s crypto merchant bank, Galaxy Digital Holdings, has reported losses for the first nine months of 2018.
Japanese IT giant GMO has reported a loss from crypto mining in Q3, but there was more positive news for its exchange business.
South Korean cryptocurrency exchange Bithumb made net profits of about $35 million in the first half of this year, despite a rough June for the firm.
After a net loss reported in Q1, the Japanese IT giant says it made an 11 percent profit through its crypto business this last quarter.
Nearly half of the 26 publicly listed banks in China said they deployed blockchain applications in 2017.
Square made $34.1 million in Q1 revenue through bitcoin sales, according to an SEC filing.
Samsung has seen record growth in quarterly operating profits – an increase driven in part by strong demand for cryptocurrency mining chips.
Another official at the SEC is speaking out on initial coin offerings, this time seeking to caution the market on financial reporting expectations.
Technologies like blockchain are changing the face of auditing, according to a senior official of an oversight board created by the US Congress.