Keel Infrastructure has decided to halt all Bitcoin mining activities in the United States and convert its facilities into artificial intelligence (AI) and high-performance computing data centers.
A massive strategic shift…
As the critical process for the controversial BIP-110 update on the Bitcoin network officially began at block 961,632, the risk of the network splitting into two different paths has become…
Former Bitcoin mining giant Firmus has taken a massive step into AI infrastructure by raising $2 billion in an investment round featuring giants like Nvidia and Blackstone.
Evolving from cryptocurrency mining…
In a report evaluating Bitcoin mining giants' transition to AI infrastructure, Bernstein placed CleanSpark (CLSK), which has taken concrete steps, ahead of MARA Holdings (MARA), which has yet to sign…
As profitability ratios in the Bitcoin mining sector decline rapidly, the $46,787 level—the critical threshold for the industry's most efficient machines—stands out as a technical floor for miner capitulation.
According to…
Bitcoin mining giants MARA and CleanSpark have pivoted to artificial intelligence (AI) infrastructure investments following declining revenues and massive net losses.
Leading names in the cryptocurrency mining industry, MARA Holdings and…
As Bitcoin miners shift their computing power to the more profitable artificial intelligence sector, the network's hash rate has dropped 20 percent since its peak in October.
The cryptocurrency mining ecosystem…
Bernstein noted that 71% of TeraWulf’s second-quarter revenue came from AI infrastructure, confirming the company’s transition from Bitcoin mining to technology hosting.
As the cryptocurrency mining industry undergoes a major transformation,…
TeraWulf took a giant step in its transition from Bitcoin mining to AI infrastructure provider by increasing its high-performance computing (HPC) revenues by 52% in the second quarter.
One of the…
MARA, one of the world's largest Bitcoin mining companies, has transferred 6,000 BTC worth approximately $384.6 million to the digital asset management platform Two Prime.
MARA, a major player in the…
The new energy audit launched for data centers in Texas will create a "scarcity advantage" by making approved capacity more valuable for existing Bitcoin miners and AI operators, according to…
The Russian government has issued a new decree banning cryptocurrency mining in Moscow and its surrounding areas until 2032 to prevent an energy crisis.
Restrictions on the cryptocurrency mining sector in…