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From Bitcoin to AI: Core Scientific’s $6.1 Billion Denton Transformation
21.11.2024
Core Scientific is converting its cryptocurrency mining campus in Denton, Texas, into a $6.1 billion data center hub for artificial intelligence (AI) workloads, signaling a shift in its business strategy amid increasing demand for AI-driven computing. Core Scientific’s Denton Campus to Host...
The Subtle Way AI Data Centers Boost Bitcoin Mining Economics
20.11.2024
The competition for cheap electrons could establish a floor for hashprice, or at least slow down hashrate growth
Canaan Expands North American Bitcoin Mining Operations, Secures Order From Hive
20.11.2024
Canaan Inc., a publicly listed manufacturer of bitcoin (BTC) mining hardware and blockchain infrastructure provider, has shared plans to broaden its self-mining footprint in North America. Publicly Listed Bitcoin Miner Canaan Bolsters U.S. Presence The announcement published on Wednesday says...
Russia to restrict crypto mining in 13 regions to save electricity
20.11.2024
If approved, the restrictions would seriously affect Russia’s crypto mining operations, as some key local industry firms have a heavy presence in regions like Irkutsk
Bitcoin Mining Firm Compass Establishes 30 MW Site in Iowa
19.11.2024
Compass Mining is constructing a new Bitcoin mining facility in Iowa, aiming to expand its self-owned infrastructure portfolio in the United States. Compass Mining’s Iowa Expansion Highlights Growing U.S. Presence Compass Mining has announced the development of a bitcoin mining facility on...
Bitcoin Mining Economics Improved in the First Half of November: JPMorgan
19.11.2024
The total market cap of the miners the bank tracks grew 33% since the end October, the report said
Hive Announces Paraguayan Mining Site Construction Update, Hardware Revamp
16.11.2024
Hive Mining, a data center and crypto mining company, gave an update on the construction of a Paraguayan bitcoin mega mining site that will host 100MW of mining hardware. The company also revealed a purchase of nearly $20 million in mining ASICs to revamp its current equipment. Hive Doubles Down...
NY Supreme Court allows Greenidge to keep mining, but challenges remain
15.11.2024
The state Department of Environmental Conservation botched the permitting process, but it still gets a do-over
Bitcoin Mining Company Mara Holdings Now Holds 26,747 Bitcoin: Q3 Earnings Report Reveals
14.11.2024
Mara Holdings continues to grow its bitcoin bag despite lower than projected Q3 earnings. Digital Assets Remain Key for Mara Holdings Mara Holdings’ earnings report revealed the company added 8,280 bitcoin to its already existing portfolio of 18,467 bitcoin in Q3. This raised its total...
Bitfufu Secures $100 Million Credit Line From Antpool Technologies
12.11.2024
Singapore-based cloud mining service Bitfufu has obtained a $100 million credit line from Antpool Technologies, intended to reinforce its bitcoin holdings. Antpool Backs Bitfufu With $100 Million Credit Agreement In a move reflecting Bitfufu‘s ambitious growth goals, the cryptocurrency...
El Salvador's Bitcoin Stash Rises Above $500M, but Bhutan Story Might Be Even Bigger
12.11.2024
Monday’s bitcoin rally propelled El Salvador and Bhutan’s crypto stashes to $500 million and $1.1 billion respectively
El Salvador and Bhutan see Bitcoin holdings surge amid market rally
12.11.2024
El Salvador and Bhutan see major gains in Bitcoin holdings as BTC nears $90,000, raising the value of their crypto assets by millions amid the latest market rally
El Salvador and Bhutan see Bitcoin holdings surge amid market rally
12.11.2024
El Salvador and Bhutan see major gains in Bitcoin holdings as BTC nears $90,000, increasing the value of their crypto assets by millions amid the latest market rally
'Volmageddon' — Bitcoin ETFs, Coinbase, MicroStrategy trading vol hits $38B
12.11.2024
The combined daily trading volume of shares in MicroStrategy, Coinbase and Bitcoin ETFs hit $38 billion as Bitcoin breached $89,000.
Hive Digital buys 6,500 ASICs, starts Paraguay construction
11.11.2024
Hive Digital converted some of its capacity to AI after the Ethereum Merger, and now it is upgrading its Bitcoin mining capacity
Hive Digital Reports Slight Rise in Bitcoin Output Amidst Capacity Goals
8.11.2024
Bitcoin miner Hive Digital reported modest growth in bitcoin production for October, while advancing its mining capacity and infrastructure. Hive Digital Discloses Modest Bitcoin Output Gains Vancouver-based Hive Digital (Nasdaq: HIVE) reported incremental growth in its bitcoin production...
Jack Dorsey’s Block Bets Big on Bitcoin Mining
8.11.2024
Block, Inc. has outlined a strategic pivot to expand its presence in bitcoin mining, signaling a commitment to the cryptocurrency sector and its infrastructure needs, according to its recent third-quarter shareholder letter. Block’s New Investment Focus on Bitcoin Mining Infrastructure In...
Jack Dorsey's Square to Invest More in Bitcoin Mining and Shut Decentralized 'Web5' Venture
8.11.2024
The company's shares fell after reporting third quarter sales that missed estimates by 4%
Load variability is key to AI energy infrastructure — TeraWulf CTO
7.11.2024
United States lawmakers believe Building energy infrastructure for Bitcoin mining, AI, and high-performance computing is a major priority
Michael Novogratz's Galaxy Looks to Turn Bitcoin Mining Into AI Computing as Revenue Falls
7.11.2024
The firm signed a non-binding deal with a hyperscaler firm to potentially allocate all of its 800 megawatts power to hosting high-performance computers