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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
Hive Digital expands focus from crypto mining to AI data centers
30.9.2024
Hive’s strategy targets meeting the rising demand for AI computing while boosting its balance sheet with green-mined Bitcoin
Core Scientific, on Cusp of Becoming a Major Force in AI Hosting, Initiated at Buy: Canaccord
23.9.2024
The broker started coverage of the bitcoin miner with a buy rating and a $16 price target
Bitcoin miner revenues dwindle as halving erodes mining volumes: Bitbo
2.9.2024
Mining revenues hit 12-month lows in August, according to Bitbo
Bet more on the Bitcoin miners cashing in on AI
27.8.2024
Supplying AI apps with computing power is a multibillion-dollar opportunity for Bitcoin miners
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
Bitcoin Mining Is So Back (Except It's AI Now)
18.7.2024
Hurting for revenue and profit, bitcoin miners are looking to activities outside mining bitcoin, such as hosting AI computers, to make up the difference. It's paying off, at least in their stock prices
CoreWeave expands Core Scientific computing deal by $1.225B
25.6.2024
Core Scientific is well-positioned to take advantage of new opportunities at its mining facilities
Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners
24.6.2024
The funding came from Coatue Management, which is also an investor in CoreWeave, a cloud-computing firm looking to take over miner Core Scientific
AI's energy consumption concerns echo Bitcoin mining criticisms, says Heatbit founder
17.11.2023
While artificial intelligence continues to grab headlines, small and large-scale Bitcoin miners might not necessarily jump ship to the AI and machine learning hype train
Bitcoin Miner Bit Digital Diversifies Into AI for 'Substantially Higher Margin' Than Mining
23.10.2023
The firm is looking for a "reliable income stream ... that is uncorrelated to bitcoin prices."
Crypto miner Hive Digital drops 'blockchain' from name amid pivot to AI
13.7.2023
Hive made the rebrand to reflect its “evolving focus” on revenue opportunities in AI, cloud commuting and GPUs