Latest news with #BitFuFuOS
Hamilton Spectator
5 days ago
- Business
- Hamilton Spectator
BitFuFuPool Surpasses 20 EH/s, Ranks Among Top Global Bitcoin Mining Pools
SINGAPORE, July 23, 2025 (GLOBE NEWSWIRE) — BitFuFu Inc. ('BitFuFu' or the 'Company') (NASDAQ: FUFU), a world-leading Bitcoin miner and mining services innovator, today announced that its private-label Bitcoin mining pool, BitFuFuPool, has surpassed 20 exahashes per second (EH/s) in hashrate, just eight months after its public launch. This achievement places BitFuFuPool among the top 11 largest Bitcoin mining pools worldwide. BitFuFuPool's web interface With a hashrate of 20 EH/s, BitFuFuPool can theoretically produce an average of 10 BTC per day, worth approximately $1.18 million based on current market prices. This robust output delivers more stable and consistent block rewards to a growing base of miners, including BitFuFu's mining services users. 'BitFuFuPool surpassing 20 EH/s reflects both the scalability of our infrastructure and the growing trust we've earned across the mining ecosystem,' said Leo Lu, Chairman and CEO of BitFuFu. 'BitFuFuPool empowers our clients with greater control, transparency, and convenience, and also enhances our own mining efficiency.' BitFuFuPool is one of only two self-operated mining pools owned by U.S.-listed Bitcoin mining companies, and is a critical component of BitFuFu's vertically integrated mining ecosystem, complementing the Company's cloud mining, miner hosting, hardware sales, and software. The pool adopts a Full Pay-Per-Share (FPPS) reward model and offers a competitive commission rate, starting as low as 0%. Under the FPPS model, miners are guaranteed a fixed payout for their contributed hashrate, regardless of whether the pool successfully mines a block. It offers miners a seamless, high-performance experience built around three key advantages: transparent earnings, stable service, and convenient management. Miners benefit from real-time performance metrics and automatic daily Bitcoin payouts. BitFuFu's distributed infrastructure, built by an experienced technical team, can simultaneously connect millions of mining machines, while its global node provides around-the-clock operational stability. A three-tiered account system, accessible with just an email registration, simplifies account and machine management. The pool's rapid growth is also supported by cutting-edge technologies such as BitFuFuOS and the Aladdin management system. These tools help miners maximize the efficiency of their machines and automatically allocate hashrate based on real-time network conditions, improving overall mining performance. As BitFuFu continues to expand globally, the Company remains committed to building a sustainable, high-performance mining platform—with BitFuFuPool serving as a cornerstone of that ecosystem. As of June 30, 2025, BitFuFu managed a total hashrate of 36.2 EH/s, 728 MW of power capacity, and held 1,792 BTC. For more information, please visit . About BitFuFu Inc. BitFuFu Inc. is a world-leading Bitcoin miner and mining services innovator. BitFuFu is committed to empowering the global Bitcoin network through its industry-leading cloud mining platform, rapidly scaling infrastructure, and innovative mining services. For more information, visit or follow BitFuFu on X @ BitFuFuOfficial . Forward-Looking Statements This press release includes 'forward-looking statements' within the meaning of the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as 'estimate,' 'plan,' 'project,' 'forecast,' 'intend,' 'will,' 'expect,' 'anticipate,' 'believe,' 'seek,' 'target' or other similar expressions that predict or indicate future events or trends. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of BitFuFu's management and are not predictions of actual performance. These statements involve risks, uncertainties and other factors that may cause BitFuFu's actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements. Although the Company believes that it has a reasonable basis for each forward-looking statement contained in this press release, the Company cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. All information provided in this press release is as of the date of this press release and the Company does not undertake any duty to update such information, except as required under applicable law. Investor Contact: BitFuFu Investor Relations ir@ Charley Brady Vice President, Investor Relations: charley.b@ Media Contact: BitFuFu Media Relations pr@ A photo accompanying this announcement is available at
Yahoo
26-03-2025
- Business
- Yahoo
High Growth Tech Stocks To Watch In The US Market March 2025
The United States market has shown robust performance, climbing 2.9% in the last 7 days and up 11% over the past year, with earnings projected to grow by 14% per annum in the coming years. In this dynamic environment, identifying high growth tech stocks involves looking for companies with strong innovation potential and solid financial health that can capitalize on these favorable conditions. Name Revenue Growth Earnings Growth Growth Rating Super Micro Computer 20.44% 29.79% ★★★★★★ TG Therapeutics 26.18% 37.61% ★★★★★★ Travere Therapeutics 28.43% 65.01% ★★★★★★ AVITA Medical 27.74% 55.36% ★★★★★★ TKO Group Holdings 22.48% 25.17% ★★★★★★ Alvotech 31.17% 100.18% ★★★★★★ Clene 60.86% 63.07% ★★★★★★ Alnylam Pharmaceuticals 22.76% 58.40% ★★★★★★ Lumentum Holdings 21.55% 119.67% ★★★★★★ Ascendis Pharma 32.36% 59.79% ★★★★★★ Click here to see the full list of 237 stocks from our US High Growth Tech and AI Stocks screener. Underneath we present a selection of stocks filtered out by our screen. Simply Wall St Growth Rating: ★★★★★☆ Overview: BitFuFu Inc. operates in Singapore, offering digital asset mining and cloud-mining services, with a market cap of $726.54 million. Operations: The company specializes in digital asset mining and cloud-mining services. Its operations are based in Singapore, focusing on leveraging technological infrastructure to facilitate these services. BitFuFu has demonstrated robust growth, with its earnings skyrocketing by 414.2% over the past year, significantly outpacing the software industry's growth of 35.8%. This performance is underpinned by strategic expansions such as the acquisition of a 51-megawatt Bitcoin mining data center in Oklahoma for $20.4 million, enhancing operational efficiency and capacity for future growth. Additionally, the launch of BitFuFuOS promises to optimize mining operations and potentially increase earnings by up to 20%, reflecting BitFuFu's commitment to innovation and efficiency in tech development. With revenue expected to climb at an annual rate of 23.6%, BitFuFu is positioning itself as a formidable player in high-growth tech sectors through aggressive R&D investments and strategic market expansions. Click here to discover the nuances of BitFuFu with our detailed analytical health report. Review our historical performance report to gain insights into BitFuFu's's past performance. Simply Wall St Growth Rating: ★★★★★★ Overview: Super Micro Computer, Inc. develops and sells high-performance server and storage solutions based on modular and open architecture across various regions worldwide, with a market cap of $24.76 billion. Operations: The company generates revenue primarily from developing and providing high-performance server solutions, amounting to $20.82 billion. Super Micro Computer has recently demonstrated significant advancements in edge computing and AI solutions, underscoring its strategic positioning within high-growth tech sectors. In a remarkable achievement, Supermicro collaborated with FusionLayer to set a new industry record for the fastest deployment of NGINX instances at remote sites, which was completed in under 30 seconds. This development highlights Supermicro's commitment to enhancing cloud application portability and automation at the network edge—a critical area as businesses increasingly adopt multi-cloud and hybrid cloud architectures. Additionally, the company's introduction of an optimized storage server designed specifically for high-performance software-defined storage workloads in AI and ML applications showcases its innovative approach to meeting complex data demands efficiently. These initiatives are part of Supermicro's broader strategy to leverage cutting-edge technology partnerships and robust R&D investments to solidify its presence in essential tech domains, driving forward its market position while responding dynamically to evolving technological landscapes. Unlock comprehensive insights into our analysis of Super Micro Computer stock in this health report. Examine Super Micro Computer's past performance report to understand how it has performed in the past. Simply Wall St Growth Rating: ★★★★★☆ Overview: Ltd. operates a cloud-based web development platform catering to registered users and creators globally, with a market capitalization of approximately $9.66 billion. Operations: The company generates revenue primarily from its Internet Software & Services segment, amounting to $1.76 billion. recent advancements, including the launch of Wix Functions and integration with Printful, underscore its strategic innovation in high-growth tech sectors. The company reported a notable increase in annual revenue to $1.76 billion, up from $1.56 billion the previous year, with net income soaring to $138.32 million from $33.14 million, reflecting robust operational efficiency and market adaptation. These initiatives not only enhance Wix's product offerings but also solidify its position by tapping into evolving e-commerce and digital business trends, setting a strong foundation for sustained growth amidst dynamic market demands. Take a closer look at potential here in our health report. Explore historical data to track performance over time in our Past section. Delve into our full catalog of 237 US High Growth Tech and AI Stocks here. Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive. Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqCM:FUFU NasdaqGS:SMCI and NasdaqGS:WIX. Have feedback on this article? Concerned about the content? with us directly. 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