IREN takes a high-stakes approach from Bitcoin’s roots and bets on AI cloud
IREN Ltd., once known for mining Bitcoin, has undergone a dramatic reinvention…
4 Min Read
Buddha County, Sichuan Province Bans All Cryptocurrency Mining
Local authorities in Buddha County, located in China's Sichuan province, have taken…
4 Min Read
Miners capitulate again as Bitcoin’s $70,000 price cannot cover $87,000 production cost
Bitcoin $BTC$71,091.27 Currently around 20% below estimated average production costs, increasing financial…
1 Min Read
Mining of 229 BTC proves the resilience of cloud mining
In a significant demonstration of operational scale, Bitfufu, a prominent cloud mining…
9 Min Read
TeraWulf rises 11% after acquiring sites in power-rich Kentucky and Maryland
TerraWolf (WULF) rose 11% in premarket Tuesday on news that the company…
2 Min Read
Cipher Mining subsidiary launches $2 billion in funding to fund high-performance computing (HPC) expansion
Cipher Mining announced a $2 billion offer from its subsidiary Black Pearl…
5 Min Read
Bitcoin miners are caught between plummeting prices and the lure of AI
The euphoria of October's record highs has faded, and the industrial backbone…
11 Min Read
Russia’s largest Bitcoin miner BitRiver begins bankruptcy proceedings: Report
BitRiver, Russia's largest Bitcoin miner, is on the brink of collapse amid…
3 Min Read
