Bitcoin has often surged after sustained hashrate drops, a trend that would provide much-needed relief to many struggling Bitcoin miners at current prices. Bitcoin’s hashrate fell 4% over the month to ...
In June, WSJ’s Joanna Stern headed inside a data center to show just how much energy it takes to make an AI image and video. Photo: David Hall It’s harder than ever to mine bitcoin. And less ...
In a lawsuit, the SEC says some hosted Bitcoin mining services could trigger US securities laws, but an industry executive says most providers have nothing to worry about. The US Securities and ...
Crypto asset manager VanEck has recently released a report noting that the dip in Bitcoin mining activity suggests that the bottom is already here. Citing historical trends, they noted that miner ...
Bitcoin mining firm Hut 8 is the latest crypto infrastructure company to lock in large-scale, Google-backed financing, as miners increasingly pivot toward artificial intelligence data centers to ...
Recently, analyst Mark Palmer from Benchmark raised the price target for Bitcoin-miner-turned-AI company Hut 8. The change in price target was due to the company’s latest push into AI data center ...
CNBC’s MacKenzie Sigalos reports bitcoin miners with multibillion-dollar AI infrastructure deals — supplying scarce, energized power sites to hyperscalers like Microsoft and Amazon — were the breakout ...
Dec 17 (Reuters) - Hut 8 (HUT) has signed a deal valued at about $7 billion to lease a data center in Louisiana, it said on Wednesday, as former cryptocurrency miners pivot ‌to meet surging demand for ...
Hut 8 secured a Google-backed partnership with Anthropic and Fluidstack to build up to 2.3 gigawatts of AI data center capacity in the U.S., sending its shares sharply higher. Hut 8 Corp. announced a ...
Crypto opened the week exactly the way last week’s charts warned it might: failed bullish defenses, fresh breakdowns, and momentum indicators flipping firmly bearish. Both BTC and ETH have now ...
Whether you were tracking the global blockchain sector or India’s own drama-filled cryptocurrency ecosystem, it was certainly a year of unprecedented highs that were brought down to earth by world ...
The US Securities and Exchange Commission has flagged in a lawsuit that third-party Bitcoin mining hosting services can be a securities offering, a position strongly opposed by one industry executive.