Bitcoin miners’ AI pivot loses Wall Street’s wow factor
New analysis finds AI infrastructure contracts are becoming larger and more profitable, but investors now demand stronger execution before rewarding bitcoin…
Bitcoin mining difficulty shrinks 14% from this year's high as plunging revenues force operators to pivot
Difficulty falls as weak mining economics reduce capacity, while forward markets signal little relief through yearend. Source:CoinDesk
Core Scientific lands AMD AI deal as bitcoin mining operation winds down
The agreement accelerates Core Scientific’s pivot from bitcoin mining toward AI data centers, following the termination of its ASIC agreement with Block.…
Bitcoin mining pool Poolin files for Chapter 11 bankruptcy
Bitcoin miner Poolin filed for Chapter 11 bankruptcy and initiated a $52 million sale of its two West Texas mining sites as part of its future creditor…
Bernstein says Bitcoin mining deals necessary for AI power crunch
Bernstein analysts remain bullish on the Bitcoin mining sector, as deals with thirdparty providers will be necessary to address the computing power limits of…
CoinShares debuts Bitcoin mining ETF in Europe entrance
The UCITS ETF, CoinShares’ first in Europe, began trading on Deutsche Börse Xetra, tracking a rulesbased index of publicly listed BTC miners.…
Hut 8, IREN deals lift AI-focused Bitcoin mining stocks
Bitcoin miners rallied as investors cheered multibilliondollar AI infrastructure contracts, underscoring the sector’s accelerating shift toward data centers…
Bitmine generated $46M from Ethereum staking last quarter
Ethereum staking generated 98% of Bitmine’s revenue last quarter as the company’s pivot from Bitcoin mining gained momentum following its March validator…
Solo bitcoin miner makes $200,000 using $150 equipment
Solo Bitcoin mining has surged, with 24 blocks found in the past 12 months, a 41% increase year over year. Source:CoinDesk
Bitdeer stock jumps 14% as company expands US mining hardware production
Bitdeer shares rallied after the company announced a $36 million Nevada manufacturing facility that will produce its SEALMINER Bitcoin mining machines and…
Dubai tops Asian crypto hubs, India isolates banks from crypto: Asia Express
Japan's SBI Crypto shuts down 12th largest Bitcoin mining pool in the world, Russia gears up to launch digital ruble despite EU sanctions, and more: Asia…
SBI Crypto shuts Bitcoin mining pool after five-year run
SBI Crypto will shut down its Bitcoin mining pool on July 31 after more than five years, ranking 12th globally with about 2.2% of hashrate share.…