Bitcoin Mining Is an Oligopoly, and Proof-of-Stake Isn’t Any Better
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Bitcoin Mining
Bitcoin Mining Is a Game of Survival, Consolidation and Potential AI Diversification: Bernstein
Mining stocks have been resurgent this year due to improving sentiment from institutional ETF filings and potential revenue diversification into high-performance computing and AI, the report said.
Crypto Miner Hive Blockchain Touts Privacy of AI Models Running on Its GPUs
Hive wants to provide enterprise AI training in its fleet of GPUs.
Bitcoin Miner Hut 8 Secures Up to $50M in Loans From Coinbase
The first $15 million will be drawn shortly after closing the deal, while another $15 million is conditional on closing a merger with peer USBTC.
APLD Signs Artificial Intelligence Hosting Deal Worth Up to $460M
Shares of miner Applied Digital surged on Nasdaq as the firm announced a second AI cloud hosting deal.
Bitcoin Miner Iris Energy Revives High-Performance Computing Strategy Amid Booming Interest in AI
Miners are increasingly looking to fill data center space with AI and cloud computing.
El Salvador’s Volcano Energy Secures $1B in Commitments for 241 MW Bitcoin Mine
The 241 MW site will be powered by wind and solar energy.
Marathon Digital Mined 77% More Bitcoin in May With the Help of Its Software
The miner’s bitcoin production per unit of computing power was low in April.
Bitcoin Miner CleanSpark Buys 12,500 Bitmain Machines for $40.5M
CleanSpark has been buying up assets during the bear market to reach its 2023-end of 16 EH/s, but discounts are getting smaller.
Stablecoin Issuer Tether Invests in Sustainable Bitcoin Mining in Uruguay
Tether announced this month to invest a part of its net realized profits in BTC purchases and infrastructure.