Hyperscale Data shares hit all-time low as company flips Michigan site from bitcoin mining into AI
The Michigan AI agreement could generate more than $1.2 billion, with expansion options potentially lifting that above $3 billion.
Desk focus
The Michigan AI agreement could generate more than $1.2 billion, with expansion options potentially lifting that above $3 billion.
Hyperscale Data's shift from bitcoin mining to AI infrastructure highlights a strategic pivot towards higher-margin opportunities...
The Australian Securities and Investments Commission (ASIC) recorded more than 45 applications tied to digital-asset services, it...
Bitcoin’s hashrate has spent 316 days below its record as miners redirect power toward AI. The seven-day network average stood nea...
Burnett's dual role at OCEAN Mining could challenge its decentralization ethos, potentially reshaping Bitcoin mining's competitive...
IREN's strategic shift to AI could redefine its market position, leveraging substantial investments to capitalize on emerging tech...
Chile's economic contraction highlights vulnerabilities in its mining-dependent economy, impacting global copper supply and econom...
Dan Loeb’s Third Point has disclosed an equity position in Core Scientific, adding another institutional name to the growing trade...
The split was mutual, with both parties citing differing views on the future of Bitcoin mining and recent protocol developments.
Aschenbrenner's strategy highlights a shift in AI infrastructure investment, emphasizing energy assets over semiconductors, impact...
Swedish tax authorities are challenging hundreds of millions of kronor in VAT deductions claimed by data center operators in the c...
Bitcoin gained 21.5% from the Aug. 17 close through Aug. 21, yet six of seven large US-listed miners finished the same trading str...
AI cloud revenue topped Bitcoin mining for the first time as IREN accelerated its data center conversion.
Bitcoin miners' shift to AI and HPC highlights a strategic pivot, reshaping industry dynamics and investor confidence in crypto ma...
From the start of the year and 57 days into the third quarter, the United States has seen its share of Bitcoin’s hashrate slide ne...
Key Takeaways: BitGo has purchased NYDIG’s institutional trading arm and introduced derivatives, financing and structured products...
During the “Accelerating Bitcoin” conference, experts debated how current bitcoin mining operations would affect the Paraguayan gr...
IREN's shift from Bitcoin mining to AI highlights the tech sector's evolving focus, but financial stability hinges on AI revenue g...
HIVE's reliance on low-cost hydroelectric power enhances profitability, positioning it favorably amid Bitcoin price fluctuations a...