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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
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- 📢 ETH Heading for $4800? Have Your Say! Show Off on Gate Square & Win 0.1 ETH!
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- 🧠 #GateGiveaway# - Crypto Math Challenge！
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- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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Jinse Finance reported that LM Funding America, a professional financial company based on encryption mining and technology, released its quarterly financial report as of March 31, 2023. According to the report, as of March 31, 2023, there were approximately 3,700 Bitcoin mining machines in operation. After adding 1,300 machines in April 2023, there are currently about 5,000 Bitcoin mining machines in operation, providing a mining capacity of about 520PH/s.
LM Funding America signed an agreement with GIGA Energy on May 8, 2023 to add another 1,080 machines by May 31, 2023, for a total of approximately 627PH/s. Total revenue for the quarter ended March 31, 2023 was approximately $2.3 million, an increase of $2.1 million, or more than 1,100%, from $0.2 million in the first quarter of 2022.