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Browsing Category
Mining
TeraWulf bets big on AI with $3.2 billion funding plan
TeraWulf wants to raise $3.2 billion for commencing the next phase of developing Lake Mariner, a hybrid data center designed to mine Bitcoin and power AI. The company will raise the funds through…
Canaan is Building Momentum, But is it a Smart Entry Now?
CAN is back above the $1 mark after trading below it for months. With a landmark 50,000-unit ASIC order and new partnerships with SLNH and Luxor, sentiment is shifting fast. So is this a smart entry…
Bitdeer Jumps 30% to All-Time High on AI Expansion
Crypto mining firm Bitdeer Technologies’ stock surged nearly 30% on Wednesday to an all-time high of $27, extending a two-day rally fueled by stronger mining output and ambitious AI data‑center plans.…
Are miners now net accumulators? Marathon adds 400 BTC after the crash
Bitcoin (BTC) miner MARA Holdings purchased 400 BTC for approximately $46 million on Oct. 13, capitalizing on the market collapse three days earlier while most miners remained defensive. The…
Canaan Launches Gas-to-Computing Pilot in Canada
Ekaterina Bogatyreva Canaan Inc. (NASDAQ: CAN), a crypto mining technology company, has launched a pilot mining project in Calgary,…
How $800 hardware can sniff Bitcoin miner traffic via satellite
UC San Diego and the University of Maryland researchers have reported findings showing that roughly half of GEO satellite downlinks carry data without encryption. Further, data interception can be…
A week-long 51% attack on the Bitcoin network would cost $6 billion, research reveals
Bitcoin is trusted by governments and financial institutions. Reputable investors call it “digital gold,” and some even claim it’s better than gold. Notwithstanding all these, Bitcoin is still facing…
Canaan rallies to a six-month high amid its new Bitcoin gas-to-compute data center
Canaan Inc. (CAN), one of the innovative mining and data center companies, rallied to a six-month high. The company announced a 2.5MW capacity for a new mining center in Canada, using excess gas…
Five Months of Pain: Bitcoin Miners Watch Earnings Crater 27%
Crypto investors might be nursing some serious portfolio bruises this week, but bitcoin miners have their own headache — earnings per petahash just hit a five-month low, and it’s not exactly the kind…
Bitcoin Miners Rally in Pre-Market as Sector Nears $90B Market Cap
Bitcoin BTC$121,677.25 miners are extending gains in pre-market trading as the artificial intelligence and high-performance computing (AI/HPC) boom accelerates, particularly benefiting those pivoting…