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BitFuFuPool Surpasses 20 EH/s, Ranks Among Top Global Bitcoin Mining Pools
BitFuFuPool Surpasses 20 EH/s, Ranks Among Top Global Bitcoin Mining Pools

Hamilton Spectator

time18 hours 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

In the Red Square
In the Red Square

Yemenat

time3 days ago

  • Entertainment
  • Yemenat

In the Red Square

In the midst of the Red Square, at the heart of Moscow, you find yourself enveloped in a fantastical world, narrating wonders that surpass your modest imagination, despite its authenticity. Your imagination, which could not conceive the scene you now stand upon, witnessing with your own eyes, leaves you hesitant to believe, immersed in astonishment, even though it is real and certain. I appeared to myself as one who had lost their mind under the shock, unable to distinguish between the reality of the moment and the void. I ask myself, gaping in disbelief at what I see: Am I truly here, or not? Is this world before me, surrounding me in every direction, indeed a tangible reality as I perceive it, or merely an unfounded illusion with no basis in truth? It is a scene I had never envisioned before, and I remain reluctant to accept it. This is another world, shockingly different from the one I came from or had grown accustomed to. Imagine suddenly being transported from your remote village, still pleading for rain from the heavens while paying dearly for the precious money you earn through toil, to a civilization that causes rain to fall precisely when and where it desires. It is a vast contradiction between a country whose people pray for rain while, in reality, it imports wheat from lands where its inhabitants do not pray for it. This is the cultural shock, the immense disparity between your village, lost in the forgotten corners of the Earth, and the heart of Moscow, the capital of the mighty Soviet Union. It is a contrast that encompasses all wonder. As I wander through the Red Square, awestruck, my gaze shifting amidst the dazzling sights, I find myself thinking: I can envision Isra and Mi'raj, or a flying carpet, or the tales of One Thousand and One Nights, or the jinn who have transported me from my simple, familiar world to this realm brimming with magic, beauty, and marvel. I can imagine that I rubbed a ring or Aladdin's lamp and summoned that giant, who emerged colossal, adorned with amulets and necklaces upon his powerful neck and muscular arms. I can also picture him bald, save for a thick tuft of hair atop his head, tied and cascading down his broad back. I can envision the giant spreading his vast arms, lowering his head, and saying to me like an obedient servant: 'Your wish is my command… We are at your service… Ask and wish.' So I wish to be taken to this enchanting world where I stand now, gazing wide-eyed. Thus, I began to imagine what transpired and what I have become now. From the overwhelming shock, reality appeared as a dream. Such is how things can sometimes flip when we cannot believe them, overwhelmed by astonishment. Here, the grandeur and magnificence make you feel as though you are living a legendary life filled with wonder. Everything here captivates your eyes, snatches your memory, then returns it to you, now holding all your observations and amazement, what you have seen that you do not know, and will not forget, remaining in your memory until you perish. The colorful domes, the architecture, the towering and imposing walls, the towers in all their forms, the church with its nine domes, the Kremlin, Lenin's mausoleum, the tomb of the unknown soldier, the eternal flame, the main store of the city, the cobblestone streets, the ancient fortresses, the royal palaces, the state museum, and everything that whispers: 'History passed through here.' The Red Square, the pulsating heart of the capital, the most famous gathering of cultures from around the world, filled with carnivals, parades, love, weddings, and special festive atmospheres. Pilgrims come to Lenin's mausoleum from every nation and corner of the globe. Here lies the Kremlin, the official seat of the Soviet government. Here is the capital of a superpower that holds the world's fate in its hands, sharing its influence with several great nations, possessing the means to destroy the world ten times over. Here, one can understand what the Sudanese student who jumped from the tenth floor in Moscow said before his suicide, inscribing on the famous vodka bottle: 'Clear as tears… Strong as Soviet power.' The only thing that diminished the strength and majesty of that power was the black market and the ailing economy, as revealed by the fluctuation of the dollar. Where the dollar is priced at 75 kopecks at the state bank, we exchanged it on the black market, through a friend, for three rubles, if my memory serves me right. That day, I felt that this power was not as strong as it seemed, that its economy was suffering greatly, and its health was far from well. * * * We arrived at the Red Square in our ceremonial green military uniforms, adorned with bright stars on our shoulders, attracting attention. Many gazes from passersby and those standing in the square were directed at us. At first, we thought our magnificent attire was the reason for their stares, believing its distinctiveness caught their attention. We noticed some looking at us, whispering to each other, leaving us uncertain about what they were saying! Yet their smiles suggested that something about us sparked amusement, perhaps even laughter at times! Confusion draped over us as curiosity was piqued. We took our position in the long queue leading to Lenin's mausoleum. A number of girls nearby were whispering and glancing at us, then giggling, while we were absorbed in our bewilderment. One of them asked us, a smile gracing her lips: 'Which country are you from?' We replied, 'From Yemen.' Another said, 'You are quite young, yet you hold high ranks.' We were even more surprised and explained, 'This star on our uniforms signifies the rank of second lieutenant, awarded upon graduation from the military academy.' Before our translator could relay our answer, a third girl, her curiosity evident, inquired: 'Are you the sons of princes?' Our bewilderment deepened, astonished by the question! While they all laughed, the translator clarified, revealing the reason. The star we wore, equivalent to theirs, indicated a major rank in their army. Their laughter faded, while our laughter erupted upon understanding the reason, dispelling the confusion that had nearly suffocated us. Now, as I write this, our laughter feels like tears. We mocked the reality that prevailed, even nicknamed Yemen 'the land of a million colonels,' deriding the rampant distribution of ranks as gifts, rewards, and bribes, outside the law and regulation. Today, military ranks are handed out like fruit. All the powers of the de facto authorities in Yemen compete to bestow these ranks upon their followers and supporters. You can find numerous individuals who have not completed middle or high school holding the rank of colonel or brigadier. You could also find an equal number of underage children bearing the rank of major or lieutenant colonel. 'Oh, what a mess!' And it is even worse to find some promoted within days, weeks, or months. In this age of chaos, dominated by warlords and de facto authorities, where what remains of our state is disintegrating, the world has every right to laugh at us for a thousand years, witnessing ignorance in Yemen wearing significant military ranks, observing our naïve children being granted heavy military titles and herded like cattle into the furnace of war. We stood by the eternal flame and the tomb of the unknown soldier, witnessing the meticulous changes in the guards occurring every hour. We concluded that everything here is executed with utmost precision. It is a symbolic representation reflecting the state, with its disciplined and highly accurate protocols. You see the soldier standing steadfast, as if made of wax, not even blinking or moving a muscle during his duty. Your curiosity urges you to touch him to verify whether he is a real soldier or crafted from another material, but your mind and surroundings hold you back from doing so. We visited the museum and saw various statues and figures, including a small bust of Lenin that his wife, Krupskaya, claimed in her lifetime was the most accurate depiction of him, as if he were truly there. Lenin, a man I admired, albeit with some reservations—there is no sanctity for anyone. We waited in a long line until we finally glimpsed Lenin lying in a glass coffin, dressed in his elegant clothes. As you pass by him, just a few meters away, you try to scrutinize his details, finding nothing amiss in his form or appearance.

BlackRock's 'Bumpier' Quarter Fuels Poor Earnings
BlackRock's 'Bumpier' Quarter Fuels Poor Earnings

Yahoo

time7 days ago

  • Business
  • Yahoo

BlackRock's 'Bumpier' Quarter Fuels Poor Earnings

As Larry Fink reshapes BlackRock Inc. beyond public markets, its latest results show one thing: Expectations for the world's largest asset manager are going up. BlackRock shares fell as much as 7% Tuesday and were on track for the worst earnings-day drop in more than a decade, wiping out the bulk of the stock's 2025 gains. That came after the asset manager reported earnings surpassing the average estimate, in a quarterly performance that most analysts deemed somewhere between solid and strong. BlackRock "is entering into a new chapter in its growth story," said Kyle Sanders, an analyst at Edward Jones. "While the past two decades have been marked by the explosive growth in ETFs, the next phase of the firm's evolution will depend on private markets and technology via Aladdin." Cathy Seifert, CFRA Research Vice President, says she thinks investors are reacting to the "execution risk" inherent to Blackrock's strategy.

Mena Massoud Talks His First Egyptian Film, Challenges of Crossing over from Hollywood to the Middle East
Mena Massoud Talks His First Egyptian Film, Challenges of Crossing over from Hollywood to the Middle East

See - Sada Elbalad

time16-07-2025

  • Entertainment
  • See - Sada Elbalad

Mena Massoud Talks His First Egyptian Film, Challenges of Crossing over from Hollywood to the Middle East

Yara Sameh 'Aladdin' star Mena Massoud, who is a Canadian actor of Egyptian heritage, recently starred in — and produced — his first Arabic-language film 'Fi Ez El Dohr' (In Broad Daylight). In the action movie, he plays an Egyptian expatriate Hamza El Kashef who returns to his country as the enigmatic leader of an international crime syndicate. Directed by Morcous Adel, 'In Broad Daylight' recently went on release in Egypt and other territories in the region, marking a rare attempt by a Hollywood actor to break out in the Arab film industry — a process Massoud describes as 'doing Omar Sharif in reverse,' referencing the 'Lawrence of Arabia' star who was the first Egyptian actor to cross over to Hollywood. Below, Massoud – whose credits also include Prime Video's 'Hotel for the Holidays,' Netflix's 'The Royal Treatment' and the Hulu series 'Reprisal' – opened up to Variety about the challenges of going from Hollywood to Cairo where 'Fi Ez El Dohr' performed below expectations. This film has a special significance since it brought you back to Egypt, where you were born. How did it come together and what has it meant to you? I immigrated to Canada when I was 3, and pretty quickly when you're an immigrant, you try to find ways to stay close to your roots. For my parents, a big part of that meant continuing to watch Egyptian cinema and theater and TV. I grew up on Egyptian cinema before I ever watched anything from Hollywood; I fell in love with the arts through Egyptian cinema. So being able to go back and do something in Egypt was just a dream come true. What was it like for you to act in Arabic? I know you are fluent, but I heard you had to tweak your accent. I had to turn on my brain in a completely different way and tune my muscles in a completely different way, which is an incredible feeling. I don't know a lot of people who get to experience that. But it really rocks your world, because you've got to really just depend on your talent. A big part of your brain is focusing so much on the words coming out in a different language and in a different accent. So you've got to kind of rely on everything that you've learned from an acting perspective to to come through. What it was like to promote the film in Egypt, starting with the launch in Cairo? Regarding the premiere, it was very similar to what I've done anywhere else. I kind of went through the same process as an actor. I got my styling done for it and media prep for it and all that kind of stuff. We did a press junket day. The premiere was fantastic. We did it at the Mall of Egypt, which is one of the most iconic malls there. So it went really, really well. I really loved the process. In a way, there was even more media coverage than I'm used to. So that was fantastic. And it's been doing well, I think, for my first film in Egypt. I can't complain. How has the film been doing in the region? What I'm trying to do is like what someone like Steven Yeun ('Minari') is trying to do — it's very difficult to go back to your home country and try to break into the industry there. It's difficult, because you're going to have a lot of the country that are following Hollywood and know you and are proud of you and what you represent. But Egypt is a country with 120 million people. So you're going to get tens of millions of people that you still haven't tapped into, that are hearing your name for the first time. They are seeing you on billboards for the first time. And so it's kind of a marketing puzzle in that sense, because they've probably heard of 'Aladdin,' but maybe they haven't seen it. So how do you navigate that? I think it's a great first building block for me if I want to continue to work there, which I do. It's just the first step. And how do you build on that? One way I've been approaching that, for example, is my TikTok. I mean, if you go on my TikTok it's basically just Arabic content. I've kind of designated my TikTok just for Egypt. I don't know if it's the right thing to do, but it's what I've decided to do, and this approach seems like it's been helping. So, it's difficult. I tell people, I'm kind of doing Omar Sharif in reverse, you know? read more New Tourism Route To Launch in Old Cairo Ahmed El Sakka-Led Play 'Sayidati Al Jamila' to Be Staged in KSA on Dec. 6 Mandy Moore Joins Season 2 of "Dr. Death" Anthology Series Don't Miss These Movies at 44th Cairo Int'l Film Festival Today Amr Diab to Headline KSA's MDLBEAST Soundstorm 2022 Festival Arts & Culture Mai Omar Stuns in Latest Instagram Photos Arts & Culture "The Flash" to End with Season 9 Arts & Culture Ministry of Culture Organizes four day Children's Film Festival Arts & Culture Canadian PM wishes Muslims Eid-al-Adha News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" News Flights suspended at Port Sudan Airport after Drone Attacks Arts & Culture Hawass Foundation Launches 1st Course to Teach Ancient Egyptian Language Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream

BlackRock's ‘Bumpier' Quarter Fuels Poor Earnings
BlackRock's ‘Bumpier' Quarter Fuels Poor Earnings

Bloomberg

time15-07-2025

  • Business
  • Bloomberg

BlackRock's ‘Bumpier' Quarter Fuels Poor Earnings

As Larry Fink reshapes BlackRock Inc. beyond public markets, its latest results show one thing: Expectations for the world's largest asset manager are going up. BlackRock shares fell as much as 7% Tuesday and were on track for the worst earnings-day drop in more than a decade, wiping out the bulk of the stock's 2025 gains. That came after the asset manager reported earnings surpassing the average estimate, in a quarterly performance that most analysts deemed somewhere between solid and strong. BlackRock 'is entering into a new chapter in its growth story,' said Kyle Sanders, an analyst at Edward Jones. 'While the past two decades have been marked by the explosive growth in ETFs, the next phase of the firm's evolution will depend on private markets and technology via Aladdin.' Cathy Seifert, CFRA Research Vice President, says she thinks investors are reacting to the "execution risk" inherent to Blackrock's strategy. (Source: Bloomberg)

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