📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Bit Digital's revenue in the second quarter decreased by 11.7% year-on-year, and the staking scale of Ethereum increased to 105,000 coins.
Odaily News Nasdaq-listed company Bit Digital announced its Q2 2024 financial report, showing a total revenue of $25.7 million, a year-on-year decrease of 11.7%, mainly due to a reduction in Bitcoin mining revenue (down 58.8% year-on-year to $6.6 million) caused by rising network difficulty, the Halving in April 2024, and a decline in active Computing Power. The company is shifting its focus to Ethereum treasury and staking strategies, receiving approximately 166.8 ETH in staking rewards in Q2, with a staking scale of 21,568 ETH as of June 30, yielding an annualized effective return of 3.1%; as of August 11, the staking scale has increased to 105,015 ETH. CEO Sam Tabar stated that the company's goal is to establish one of the largest on-chain ETH balance sheets in the public market and generate stable staking income for shareholders. (TheBlock)