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Bitfarms clocks $36M net loss amid shift from Bitcoin mining to AI
14.5.2025
Bitfarms clocked a first-quarter net loss of $36 million, widening from a $6 million loss in the same period a year earlier, as the Bitcoin miner pivots from mining to high-performance computing for artificial intelligence applications. The miner posted $67 million in sales for the quarter...
Bitcoin Miners With HPC Exposure Underperformed in First Two Weeks of April: JPMorgan
16.4.2025
MARA Holdings and CleanSpark outperformed BTC, while miners with exposure to high-performance computing, such as Bitdeer, TeraWulf, IREN and Riot Platforms underperformed
Applied Digital Tumbles 30% on Revenue Miss; Plans Selling Cloud Computing Unit
15.4.2025
The Texas company, which pivoted from crypto mining to high-performance computing, said it will sell its cloud computing business to struggling cloud computing business
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
How Bitcoin Miners Are Tapping Into the AI Gold Rush – Part 2
13.10.2024
The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Sept. 3, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng. In the piece, Feng follows up on her first...
How Bitcoin Miners Are Tapping Into the AI Gold Rush – Part 1
13.10.2024
The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Aug. 29, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng. In the piece, Feng explores how bitcoin miners...
TeraWulf sells its 25% stake in Nautilus Cryptomine for $92M
4.10.2024
TeraWulf said it will use the proceeds to buy cheaper Bitcoin miners and expand its AI and high-performance computing streams
Hut 8 Launches GPU-as-a-Service Vertical, Deploys 1,000 Nvidia GPUs
26.9.2024
Hut 8 Corp. has officially launched its GPU-as-a-service vertical, marking a significant step in the company’s diversification efforts. The deployment includes 1,000 Nvidia H100 graphics processing units (GPUs), hosted in a Chicago-based tier-three data center, for an artificial intelligence...
Why crypto miners are ditching debt for equity
30.8.2024
Crypto miners are moving away from debt and embracing stock dilution to fuel their AI and HPC ambitions, but the payoff is still uncertain
Cipher Mining Boosts Bitcoin Data Center Portfolio With 300 MW Texas Site Purchase
29.8.2024
This week, Cipher Mining Inc. revealed that it has acquired a sprawling 250-acre property in West Texas, which includes a 300-megawatt (MW) data center. The company also highlighted that this location is ideal for high-performance computing (HPC) services. Cipher Mining Grows to 2.5 GW Portfolio...
President Trump and New York governor propose shift to nuclear energy
27.8.2024
According to data from SMR Nuclear, nuclear energy plants produce 441,398,880 megawatt-hours of energy throughout their lifetimes
Trump and New York governor propose shift to nuclear energy
27.8.2024
According to data from SMR Nuclear, nuclear energy plants produce 441,398,880 megawatt-hours of energy throughout their lifetimes
Bit Digital Expands AI and HPC Footprint, Signs $700 Million Agreement With Boosteroid
20.8.2024
Bit Digital, Inc. has shared an update on its journey into artificial intelligence (AI) services by securing a binding term sheet with Boosteroid Inc., a major player in the cloud gaming industry. This partnership highlights Bit Digital’s strategic direction, which focuses on enhancing...
Bitcoin Miner Bitdeer Unveils $150M Convertible Notes Offering With 8.5% Yield
17.8.2024
Bitdeer Technologies Group has set the stage for a $150 million convertible notes offering, featuring an annual interest rate of 8.5%. The deal is scheduled to wrap up on Aug. 20, 2024. This move aligns with a broader trend in the bitcoin mining sector, where firms have collectively secured $2.1...
SingularityNET to invest $53M in AI infrastructure, modular supercomputer
23.7.2024
The investment includes modular data centers and high-performance AI infrastructure for advancements in deep neural networks and large language models
IREN tumbles after short seller calls miner ‘Prius at the Grand Prix’
12.7.2024
Crypto miner IREN, formerly known as Iris Energy, fell 24% on the Nasdaq following a short-seller report
IREN tumbles after short seller calls miner ‘Prius at the Grand Prix’
12.7.2024
Crypto miner IREN, formerly known as Iris Energy, fell 24% on the Nasdaq following a short-seller report
Bitcoin miner TeraWulf is open to merger but not for ‘empire building’
8.7.2024
Expanding the number of Bitcoin machines or facilities “makes no sense” if profitability margins don’t increase, TeraWulf’s Kerri Langlais stressed
Bitcoin miner TeraWulf is open to merger but not for ‘empire building’
8.7.2024
Expanding the number of Bitcoin machines or facilities “makes no sense” if profitability margins don’t increase, TeraWulf’s Kerri Langlais stressed
Bitcoin Mining Firm Bitdeer Partners With Ohio Port Authority for 570 MW Expansion
28.6.2024
Bitdeer Technologies Group has signed a lease agreement with the Monroe County Port Authority to secure an additional 570 megawatts (MW) of power capacity. This expansion brings Bitdeer’s total global capacity to 2.5 gigawatts (GW). Bitdeer Expands Power Capacity With New Partnership in Ohio...