Power markets are starting to price Bitcoin mining that can switch on and off as a grid service. Curtailment remains elevated in regions with high renewable penetration, and short scarcity bursts continue to set value […]
Bitfarms’ stock has plunged after the company announced it would be shuttering its Bitcoin mining operations over the next two years and converting them to artificial intelligence and high-compute data centers. The company said on […]
Bitcoin price slid to fresh six-month lows on Friday, breaking decisively below the psychological $100,000 mark and intensifying a sell-off that has wiped out nearly a quarter of its value in just over a month. […]
Microsoft’s $9.7 billion contract with a Texas miner reveals the new math pushing crypto infrastructure toward AI, and what it means for the networks left behind. IREN’s November 3 announcement collapses two transactions into a […]
Singapore-based cloud Bitcoin miner BitFuFu doubled its third-quarter revenue from the previous year, driven by demand for cloud mining and equipment as miners sought to capitalize on the rising price of Bitcoin. Total revenue increased […]
CleanSpark just sold $1.15 billion of zero-coupon convertible notes to buy more power and machines in the most brutal mining environment yet. The deal is a 144A private placement due in 2032, with an initial […]
Nasdaq-listed Bitcoin mining company CleanSpark is raising capital to expand its mining and data center operations, as major miners pivot toward artificial intelligence (AI) infrastructure. CleanSpark announced a $1.15 billion senior convertible note offering on […]
In crypto, MEV typically refers to bots and searchers on chains like Ethereum reordering, inserting, or censoring transactions around DEX trades and liquidations to extract value from users in the form of worse prices, failed […]
Residents living in a small area of Hood County, Texas, have failed in their bid to become a new municipality in an attempt to regulate noise from a nearby Bitcoin mining facility. According to a […]
Seven of the top ten miners by hashrate report AI or high-performance computing initiatives already generating revenue, with the other three planning to follow suit. The shift pairs miners’ energized land and interconnections with contracted […]
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