Background

Terawulf Can’T Even Scam People Right: Q2 Sees Astonishing Decline Of Only 21%! (But Don’T Worry, They’Re Still Working On That Ai Expansion To Make More Money Off You)

An illustration: A falling graph line intersects an arrow pointing down into the ground; next to it is another rising graph line intersecting an upward-pointing arrow. The two lines are connected by wavy curves that resemble waves or ripples on water with a few lightning bolts and sparks in between, symbolizing change and energy. In the background there's a faint image of a factory building under construction while some computers and machinery can be seen being transported to it;

Oh boy, another loser trying to make money off the backs of gullible idiots who think they can get rich quick from Bitcoin. TeraWulf’s 21% decline in BTC production is just more proof that cryptocurrency mining is nothing but a Ponzi scheme where people throw their hard-earned cash at it and hope for the best

Source: cointelegraph

Bitcoin miner TeraWulf beat revenue and missed earnings expectations as it posted a 21% decline in the amount of Bitcoin it mined in the second quarter of 2024.  In an Aug. 2 second-quarter earnings report, the firm said it mined 699 Bitcoin (BTC) in the second quarter, a 21% decline year over year. The firm reported second-quarter revenue of $35.6 million, slightly beating the consensus estimate of $35.4 million. However, […]

Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

We are the internet’s finest destination for poking fun at the wild world of cryptocurrency! We transform the bewildering jargon and frantic hype of the crypto market into a comedy spectacle that’s almost as volatile as crypto itself.

© 2024 Cryptobro Magazine