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Browsing Category
Mining
Bitcoin Miner IREN Shifts Focus From Mining to AI Data Centers
Bitcoin miner IREN has made a huge shift in its strategy. Over the past year, the company invested $800 million in artificial intelligence (AI) data center infrastructure. This amount exceeds what…
Bitcoin difficulty just plunged 11% but a projected rebound next week may decide miners’ fate
Bitcoin's mining difficulty decreased by 11.16% to approximately 125.86 trillion at the most recent retarget boundary around block 935,424. That marks the largest negative adjustment since the 2021…
How is Bitcoin mined?
Bitcoin mining captivates many people, including those inexperienced in the field who wish to enter the crypto world without having to invest heavily. The problem, however, is that mining Bitcoin…
Luxxfolio Litecoin Mining Operations: How Is the Company Building LTC Through Scrypt Mining?
Table of Contents When Did Luxxfolio Launch Its Litecoin Mining Operations?What Hardware and Infrastructure Power Luxxfolio’s Mining?How Does Mining Support Luxxfolio’s Litecoin Treasury Strategy?Why…
CEO of the World’s Largest Bitcoin Mining Company Discussed the Future of BTC
Fred Thiel, CEO of Marathon Digital, one of the world’s largest Bitcoin (BTC) mining companies, made critical statements about the future of the industry, the energy war between Bitcoin and Artificial…
Bitcoin mining outflows surged to 49K, valued at approximately $3 billion
Bitcoin miner outflows skyrocketed to 48k $BTC worth more than $3 billion between February 5 and 6. However, the massive outflows do not represent miner capitulation according to January disclosures…
Bitdeer Q4 Revenue Skyrockets to $225M in Stunning Bitcoin Mining Turnaround
SINGAPORE, March 2025 – Bitcoin cloud mining giant Bitdeer Technologies Group has delivered a spectacular financial performance, with fourth-quarter revenue tripling to $225 million according to…
Bitcoin miner Cango sold $305 million of BTC during market slump to fund AI shift
Bitcoin miner Cango (CANG) completed the sale 4,451 $BTC over the weekend, raising roughly $305 million in USDT as it looks to reduce leverage and reposition its business around artificial…
Cipher Mining and TeraWulf are buys, MARA a sell, as Morgan Stanley begins bitcoin miner coverag
Morgan Stanley initiated coverage of three publicly traded bitcoin BTC$70,151.59 mining companies on Monday, backing two names tied to data center leasing while taking a more cautious stance on a…
Is the Future of Bitcoin Mining in the US at Risk? What Happens if US Companies Stop Mining? Here’s…
According to Financial Times writer Bryce Elder, the Bitcoin mining sector, which has long been under pressure, may be shifting towards artificial intelligence (AI) infrastructure due to economic…