Bitcoin miners gambled on AI last year, and it paid off
When mining got tough, these firms chased AI dreams. Here’s how it panned out.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
When mining got tough, these firms chased AI dreams. Here’s how it panned out.
Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin miners are no longer pure crypto proxies and are morphing into high-performance computing hubs
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...
Bitcoin Knots is trying to fork Bitcoin again after its last chain died in two blocks
Bitcoin Knots is preparing a Sunday rehearsal for a BLAKE2b fork after its previous breakaway BIP-110 chain stalled. On Aug. 29, B...
US Bitcoin Mining Grip Slips From Q1 to Q3 as Rival Nations Gain
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...
KuCoin can block your crypto transactions even if you never sent it to these 17 sanctioned platforms
KuCoin has expanded sanctions screening to indirect crypto transfers across 17 crypto platforms, including Justin Sun-linked HTX....
12 Years Later, Bitcoin Remembers the Man Who Got There First
Twelve years ago today, cryptographer Hal Finney died after a five-year fight with ALS, six years after he became the first person...
Ethena is targeting the $120 trillion Wall Street stock market to hunt yields 5x higher than Bitcoin
Ethena is expanding USDe into equity perpetual-basis trades, targeting funding yields more than five times higher than Bitcoin’s a...