The Bitcoin mining industry is becoming increasingly competitive, with so-called tier-2 operators closing the gap on established leaders in realized hashrate — a sign of a more level playing field…
Core Scientific has reported a decline in third-quarter revenue as the US-based digital infrastructure provider transitions away from Bitcoin mining and toward high-density colocation (HDC) services,…
The Bank of England is investigating the rise of financiers lending to data centers as a way to speculate on the future of AI, Bloomberg said. The UK’s top bank has already been examining market risks…
Debt among Bitcoin miners has increased from $2.1 billion to $12.7 billion in just 12 months as they race to meet demands for artificial intelligence and Bitcoin production, according to investment…
Bitcoin mining stocks rose after Jane Street said it owns small stakes in Cipher Mining, Bitfarms, and Hut 8. The news on Thursday increased investors’ confidence in crypto mining. Jane Street shared…
Artificial Intelligence (AI) and High Performance Computer (HPC) mining stocks are rallying pre-market following news of the largest AI infrastructure financing on record, according to Bloomberg.…
The US Secretary of Energy has urged the Federal Energy Regulatory Commission (FERC) to write new rules that will make it faster for large electricity consumers, such as AI data centers and Bitcoin…
The Russian state seems intent to bring most cryptocurrency miners out of the shadows, with the ultimate goal to tap into their profits through proper taxation. The finance ministry in Moscow has…
A solo Bitcoin miner has become the latest lucky person to win the “Bitcoin mining lottery,” pocketing a $347,455 block reward. Bitcoin node infrastructure company Umbrel said the solo miner won the…
Crypto exchange KuCoin is rolling out a new mining pool service called KuPool, with support for assets like Dogecoin (DOGE), Litecoin (LTC) and eventually Bitcoin (BTC), the firm announced on…