A look into realized hashrate, liquidation, shipment records, mining stock performance and more.
Shipment for the Teraflux AT2880 and AI3680 miners will start in Q2, Auradine said.
Total revenue declined 7% quarter-over-quarter to $87.3 million across all business segments
But they are yet to reach 52-week highs, underperforming bitcoin over the past few months.
Meanwhile, OpEx slightly increased to over $86.7 million in Q3 but were still significantly lower than in 2022.
Restructuring plan includes $410 million in new notes and new convertible notes
The arrival of large shipments preceded bitcoin’s hashrate surge