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Bitcoin mining
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Artificial Intelligence (AI)Bitcoin miners signed $100 billion in AI deals and almost none of it is paying yet
Four gigawatts of AI and high-performance computing capacity sit under contract across publicly traded Bitcoin miners. About 550 megawatts of it is actually sending invoices. That’s the whole…
George Tsagkarakis5 min read
Artificial Intelligence (AI)IREN still books 82% of revenue from Bitcoin after clearing space for Microsoft’s AI cloud
IREN wrote off $638.8 million in mining hardware to make room for AI customers. It still made 82% of its money mining Bitcoin. That’s the tension sitting in…
Blockchain NewsWhy Russia, Bitcoin mining’s No. 2 power, is pulling the plug in Moscow
Moscow just told its Bitcoin miners to shut off the machines, and not for a season. The ban on crypto mining in Moscow, the surrounding Moscow Region and…
Blockchain NewsHIVE’s $79M quarter collides with an $80M Swedish tax bill
Three numbers now define HIVE Digital Technologies’ June quarter, and only one of them is close to final. There’s roughly $79 million in preliminary revenue. There’s SEK 765.6…
Blockchain NewsAn idle Bitcoin miner with $0 revenue and 35 boxed machines printed 1.65 billion shares to stay alive
MGT’s cash balance is $232,000. The company added about 1.65 billion common shares to its count in a little over seven months. Both numbers come from the same…
Blockchain NewsMARA sold nearly all the Bitcoin it mined, then pledged 18,750 BTC on an AI bet with no disclosed safety net
MARA Holdings mined 2,422 Bitcoin in the second quarter and sold 2,213 of them. That’s 91.37% of everything it dug out of the ground, gone. Then it turned…
Blockchain News