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MMK
MMK
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MMK
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MMK
MMK
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MNT
MNT
MNT
MNT
MNT
MNT
MNT
MNT
MNT
MNT
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MUR
MUR
MUR
MUR
MUR
MUR
MUR
MVR
MVR
MVR
MVR
MVR
MVR
MVR
MVR
MVR
MVR
MVR
MVR
MVR
MWK
MWK
MWK
MWK
MWK
MWK
MWK
MWK
MWK
MWK
MWK
MWK
MWK
MXN
MXN
MXN
MXN
MXN
MXN
MXN
MXN
MXN
MXN
MXN
MXN
MXN
MYR
MYR
MYR
MYR
MYR
MYR
MYR
MYR
MYR
MYR
MYR
MYR
MZN
MZN
MZN
MZN
MZN
MZN
MZN
MZN
MZN
MZN
MZN
MZN
MZN
NAD
NAD
NAD
NAD
NAD
NAD
NAD
NAD
NAD
NAD
NAD
NAD
NAD
NGN
NGN
NGN
NGN
NGN
NGN
NGN
NGN
NGN
NGN
NGN
NGN
NGN
NIO
NIO
NIO
NIO
NIO
NIO
NIO
NIO
NIO
NIO
NIO
NIO
NIO
NOK
NOK
NOK
NOK
NOK
NOK
NOK
NOK
NOK
NOK
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NOK
NOK
NPR
NPR
NPR
NPR
NPR
NPR
NPR
NPR
NPR
NPR
NPR
NPR
NPR
NZD
NZD
NZD
NZD
NZD
NZD
NZD
NZD
NZD
NZD
NZD
NZD
NZD
OMR
OMR
OMR
OMR
OMR
OMR
OMR
OMR
OMR
OMR
OMR
OMR
OMR
PAB
PAB
PAB
PAB
PAB
PAB
PAB
PAB
PAB
PAB
PAB
PAB
PAB
PEN
PEN
PEN
PEN
PEN
PEN
PEN
PEN
PEN
PEN
PEN
PEN
PEN
PGK
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PGK
PGK
PGK
PGK
PGK
PGK
PGK
PGK
PGK
PGK
PGK
PHP
PHP
PHP
PHP
PHP
PHP
PHP
PHP
PHP
PHP
PHP
PHP
PHP
PKR
PKR
PKR
PKR
PKR
PKR
PKR
PKR
PKR
PKR
PKR
PKR
PKR
PLN
PLN
PLN
PLN
PLN
PLN
PLN
PLN
PLN
PLN
PLN
PLN
PLN
PYG
PYG
PYG
PYG
PYG
PYG
PYG
PYG
PYG
PYG
PYG
PYG
QAR
QAR
QAR
QAR
QAR
QAR
QAR
QAR
QAR
QAR
QAR
QAR
RON
RON
RON
RON
RON
RON
RON
RON
RON
RON
RON
RON
RSD
RSD
RSD
RSD
RSD
RSD
RSD
RSD
RSD
RSD
RSD
RSD
RUB
RUB
RUB
RUB
RUB
RUB
RUB
RUB
RUB
RUB
RUB
RUB
RUB
RWF
RWF
RWF
RWF
RWF
RWF
RWF
RWF
RWF
RWF
RWF
RWF
RWF
SAR
SAR
SAR
SAR
SAR
SAR
SAR
SAR
SAR
SAR
SAR
SAR
SAR
SBD
SBD
SBD
SBD
SBD
SBD
SBD
SBD
SBD
SBD
SBD
SBD
SBD
SBD
SCR
SCR
SCR
SCR
SCR
SCR
SCR
SCR
SCR
SCR
SCR
SCR
SCR
SDG
SDG
SDG
SDG
SDG
SDG
SDG
SDG
SDG
SDG
SDG
SDG
SDG
SEK
SEK
SEK
SEK
SEK
SEK
SEK
SEK
SEK
SEK
SEK
SEK
SEK
SGD
SGD
SGD
SGD
SGD
SGD
SGD
SGD
SGD
SGD
SGD
SGD
SGD
SHP
SHP
SHP
SHP
SHP
SHP
SHP
SHP
SHP
SHP
SHP
SHP
SHP
SLL
SLL
SLL
SLL
SLL
SLL
SLL
SLL
SLL
SLL
SLL
SLL
SLL
SRD
SRD
SRD
SRD
SRD
SRD
SRD
SRD
SRD
SRD
SRD
SRD
SRD
SSP
SSP
SSP
SSP
SSP
SSP
SSP
SSP
SSP
SSP
SSP
SSP
SSP
STD
STD
STD
STD
STD
STD
STD
STD
STD
STD
STD
STD
STD
STN
STN
STN
STN
STN
STN
STN
STN
STN
STN
STN
STN
STN
SVC
SVC
SVC
SVC
SVC
SVC
SVC
SVC
SVC
SVC
SVC
SVC
SVC
SYP
SYP
SYP
SYP
SYP
SYP
SYP
SYP
SYP
SYP
SYP
SYP
SYP
SZL
SZL
SZL
SZL
SZL
SZL
SZL
SZL
SZL
SZL
SZL
SZL
SZL
THB
THB
THB
THB
THB
THB
THB
THB
THB
THB
THB
THB
THB
TJS
TJS
TJS
TJS
TJS
TJS
TJS
TJS
TJS
TJS
TJS
TJS
TJS
TMT
TMT
TMT
TMT
TMT
TMT
TMT
TMT
TMT
TMT
TMT
TMT
TMT
TND
TND
TND
TND
TND
TND
TND
TND
TND
TND
TND
TND
TND
TOP
TOP
TOP
TOP
TOP
TOP
TOP
TOP
TOP
TOP
TOP
TOP
TOP
TOP
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TTD
TTD
TTD
TTD
TTD
TTD
TTD
TTD
TTD
TTD
TTD
TTD
TTD
TTD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TZS
TZS
TZS
TZS
TZS
TZS
TZS
TZS
TZS
TZS
TZS
TZS
TZS
TZS
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UGX
UGX
UGX
UGX
UGX
UGX
UGX
UGX
UGX
UGX
UGX
UGX
UGX
UGX
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UZS
UZS
UZS
UZS
UZS
UZS
UZS
UZS
UZS
UZS
UZS
UZS
UZS
UZS
VES
VES
VES
VES
VES
VES
VES
VES
VES
VES
VES
VES
VES
VES
VND
VND
VND
VND
VND
VND
VND
VND
VND
VND
VND
VND
VND
VND
VUV
VUV
VUV
VUV
VUV
VUV
VUV
VUV
VUV
VUV
VUV
VUV
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$2,503,279,586,852
Market Cap$217,501,270,772
24h Vol5739
Cryptocurrencies62.7%
Bitcoin Share
Seeking Alpha
2022-06-22 12:52:09
Bit Digital Q1 crypto mining revenue drops 80% Y/Y migrated miners await installation
Bit Digital's (NASDAQ:BTBT) cryptocurrency mining revenue took a big hit in Q1 vs. Q1 2021, as its migrated miners (from China to North America) are waiting to get installed as part of its redeployment program. Revenue from crypto mining of $8.6M in Q1 missed the average analyst estimate of $8.9M and dropped from $43.9M in Q1 2021. Bit Digital (BTBT) said it's expecting to keep investing in miners to boost the hash rate capacity of both bitcoin (BTC-USD) miners and ethereum (ETH-USD) miners. In turn, "we expect an increase in revenue during fiscal year 2022, subject to the price of bitcoin and ETH, network difficulty and other factors," it said. The company also sees an increase in the cost of revenues as it continues to focus on expansion as well as an upgrade to its miner fleet. However, if Bit Digital (BTBT) cannot come up with "sufficient revenue from our bitcoin (BTC-USD)
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