Browsing Tag
Mining
531 posts
Bitcoin miners pour billions into AI – but the pivot could leave them regretting it within a year
Bitcoin miners are redirecting billions of dollars and scarce power capacity toward artificial intelligence as BTC’s downturn pushes…
Schwab rebrands $232M crypto ETF with NLP buzzword without changing a single investment
Schwab Asset Management put “natural language processing” front and center in the name of its $232 million crypto-equity…
Inside the $87 million BTC sell-off driving a Bitcoin treasury pivot into AI data centers
Nasdaq-listed Bitcoin treasury company Empery Digital has added a completed AI-infrastructure investment to its strategy, closing a $20…
The brutal $346M math behind Galaxy’s high-stakes race to build CoreWeave’s Texas AI mega-center
Galaxy Digital’s $3.507 billion financing for its CoreWeave data-center build in Texas comes with a steep price: about…
Hydropower overtakes gas as Bitcoin mining power use jumps 38%
Cambridge data shows Bitcoin mining power use rose 38% to 190 TWh as hydropower led the mix and…
Galaxy puts $5 million behind Bitcoin’s race to migrate before quantum risk arrives
Galaxy Digital pledged up to $5 million on July 21 to help Bitcoin prepare for the quantum era.…
Malaysia seized 75,000 mining rigs. The grid wars are real
75,578 rigs, $1.1B in stolen power, one arrest per 120 machines. Inside the global fight over cheap electrons,…
BitMine Stock Slides Despite $73M Ethereum Treasury Purchase
BitMine Immersion Technologies has added a major Ethereum position to its balance sheet, but the market reaction shows…
DOJ moves to drop $722M BitClub case before trial as victims wait to learn what they will recover
The Justice Department plans to end its criminal case against Matthew Goettsche, who prosecutors accuse of helping run…
TeraWulf seeks $3.5B debt for Anthropic AI data center
TeraWulf reportedly seeks $3.5B in debt financing to build its Kentucky AI campus under a 20-year, $19B lease…