Tag: Mining News

Bitcoin miner uses AI as plan to escape bear market Elon Musk has a new rival

Elon Musk's SpaceX has turned one of the world's largest artificial intelligence…

8 Min Read

TeraWulf’s first quarter HPC revenue reached $21 million, surpassing Bitcoin mining for the first time

Bitcoin mining company TeraWulf reported a significant milestone in its first quarter…

4 Min Read

TeraWulf generates $21M in HPC lease revenue as AI infrastructure pivot accelerates

TeraWulf reported first-quarter results earlier today, showing early signs that its transition…

2 Min Read

Cango mines 230BTC in April, Treasury reaches 1,057 Bitcoins

Nasdaq-listed Bitcoin mining company CANG reported that it mined 230.04 Bitcoins through…

4 Min Read

Venezuela’s crypto mining ban could solve power crisis

The Venezuelan government issued an emergency bulletin announcing that electricity demand has…

7 Min Read

U.S. Central Command finds battleships Truxtan, Rafael Peralta and Mason in Arabian Sea after attack on Iran

U.S. Central Command has confirmed that three missile destroyers, USS Truxtan, USS…

3 Min Read

Hut8 shares soar more than 30% on news of $9.8 billion AI data center lease

Shares of Hut8 (HUT) soared nearly 30% on Wednesday as the company…

3 Min Read

Russia’s virtual currency mining ranking drops due to rising electricity costs and strong ruble

Russia is about to lose its position as the world's second-largest Bitcoin…

5 Min Read

Core Scientific acquires Polaris for $421 million, directing Bitcoin mining power to AI data centers

Core Scientific (CORZ), a leading Bitcoin mining and high-performance computing company, has…

4 Min Read
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