Tag: Mining

Tether abandons Bitcoin mining sites in Uruguay after power dispute

Tether has walked away from its Bitcoin mining operation in Uruguay, abandoning…

4 Min Read

Poolin bankruptcy filing exposes $500M debt against just $10M in assets

A crypto mining pool that after ranked among the many {industry}’s largest…

12 Min Read

A $22.9 million capital deficit threatens to derail an energy firm’s pivot to off-grid Bitcoin mining

Olenox Industries is an vitality firm that acquired Bitcoin miner CS Digital…

5 Min Read

This Nasdaq-listed crypto firm is swapping fresh Ethereum buys for an AI pivot

Intchains Group is pulling again from recent Ethereum purchases after its first-half…

5 Min Read

Bitcoin miners are getting a new AI hedge, but it may protect them from the wrong risk

The US derivatives regulator is exploring a marketplace for futures tied to…

7 Min Read

Zcash miner buys 9.4% of merger target that warns failed deal could end in liquidation

Fortitude Mining, Digital Foreign money Group's Zcash-focused miner, purchased a 9.4% stake…

3 Min Read

This Bitcoin miner just signed a $350 million AI deal, but it needs $185 million to make it work

HIVE Digital Applied sciences’ $350 million AI cloud contract relies on a…

4 Min Read

Bitcoin miners pour billions into AI as capex outpaces revenue 15-to-1

Public Bitcoin miners are spending billions chasing synthetic intelligence and high-performance computing…

2 Min Read

Bitcoin miner Ionic gets 90% of revenue from AI lease as BTC drives $35M loss

Ionic Digital, a Bitcoin miner repositioning its energy websites for AI infrastructure,…

4 Min Read