Bitcoin Miners Drawing Power From Grids Will Face 'Reckoning' Post Next Halving, MARA Says - hpc, CoinDesk, one, bitcoin, Crypto, ai

Bitcoin Miners Drawing Power From Grids Will Face 'Reckoning' Post Next Halving, MARA Says

Bitcoin miners that are still drawing electricity from grid-attached power sources will struggle after the next halving event in 2028, MARA Holdings said in a shareholder letter. "For those miners still relying on grid-attached power, the writing is

Core Scientific Stock Surges After $1.2B Expansion of Data Center With CoreWeave - hpc, core, CoinDesk, mw, data, six, gpu, Crypto, ai

Core Scientific Stock Surges After $1.2B Expansion of Data Center With CoreWeave

Core Scientific (CORZ) stock surged more than 11% after-market on Wednesday after the data center and bitcoin mining company said it was planning a $1.2 billion expansion of a data center in Denton, Texas, with CoreWeave, to support artificial intell

Bitcoin Miners Drawing Power From Grids Will Face 'Reckoning' Post Next Halving, MARA Says - hpc, one, Reuters, bitcoin, Crypto, Americas, ai

Bitcoin Miners Drawing Power From Grids Will Face 'Reckoning' Post Next Halving, MARA Says

Bitcoin miners that are still drawing electricity from grid-attached power sources will struggle after the next halving event in 2028, MARA Holdings (MARA) said in a shareholder letter."For those miners still relying on grid-attached power, the writi

AI Is Here, but That Doesn’t Mean Bitcoin Miners Are Finished: Blockspace - hpc, helios, Crypto, cipher, hive, ai, riot, bitcoin, CoinDesk, one, dede

AI Is Here, but That Doesn’t Mean Bitcoin Miners Are Finished: Blockspace

Anyone paying attention to public bitcoin miner markets will know that artificial intelligence and business pivots to high performance compute (HPC) are all the rage among bitcoin miners. What started as a gradual trend last year has suddenly become

Bitcoin miner Riot appoints former Hut 8 CEO to its board amid AI exploration - hpc, three, The Block, Crypto, ai, data, riot, one, bitcoin, doug, board, 2024, six

Bitcoin miner Riot appoints former Hut 8 CEO to its board amid AI exploration

Riot Platforms has appointed former Hut 8 CEO Jaime Leverton to its board of directors to help oversee the evaluation of its Bitcoin mining infrastructure for potential artificial intelligence and high-performance computing use cases.Leverton has pre

Wall Street Bitcoin Miner Bitfarms Hires Consultants to Evaluate AI and HPC - hpc, Finance Magnates, bitcoin, sustainable energy, ai, Crypto

Wall Street Bitcoin Miner Bitfarms Hires Consultants to Evaluate AI and HPC

Publicly listed Wall Street Bitcoin (BTC) miner Bitfarms Ltd. (NASDAQ: BITF) has appointed two consulting firms, Appleby Strategy Group (ASG) and World Wide Technology (WWT), to assess the feasibility of integrating high-performance computing (HPC) a

Cipher Mining Shares Rise After News of SoftBank Group Investment - hpc, cipher, Crypto, Asia, Americas, Dow Jones Newswires

Cipher Mining Shares Rise After News of SoftBank Group Investment

By Stephen NakrosisShares of Cipher Mining were trading higher in the after-hours market following news of a $50 million private investment in public equity deal from SoftBank Group.After the bell Thursday, shares of Cipher Mining rose 19% to trade a

Bitcoin miners see 3x profit margins despite higher network difficulty - hpc, april, bitcoin, Crypto, second, 2024, Cointelegraph, ai

Bitcoin miners see 3x profit margins despite higher network difficulty

Bitcoin miners are seeing a threefold profitability margin despite rising network difficulty, according to data from Glassnode. New results from the Bitcoin (BTC) Difficulty Regression Model estimate the cost to mine a single BTC at approximately $33

Riot Platforms’ pivot from bitcoin mining to AI data centers is ‘encouraging,’ analysts say - hpc, The Block, riot, one, mw, 2024, Crypto, ai, bitcoin

Riot Platforms’ pivot from bitcoin mining to AI data centers is ‘encouraging,’ analysts say

Riot Platforms (ticker RIOT), one of the largest publicly traded bitcoin miners, is launching a formal process to evaluate the feasibility of directing the approximately 600 megawatts (MW) of remaining power capacity at its Corsicana, Texas facility

Strategic Diversification in Bitcoin Mining and HPC – Bit Digital (BTBT) Analysis - hpc, bit, bitcoin

Strategic Diversification in Bitcoin Mining and HPC – Bit Digital (BTBT) Analysis

Bit Digital is strategically navigating the post-halving era, opting for HPC opportunities instead of expanding hash rate at any cost. With a focus on generating predictable revenue, could BTBT emerge as the next dark horse among Bitcoin mining stock

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Bitcoin miners may gain $13.9B yearly from 20% shift to AI and HPC: VanEck - hpc, bitcoin, ai

Bitcoin miners may gain $13.9B yearly from 20% shift to AI and HPC: VanEck

Bitcoin miners could increase profitability and improve "bad balance sheets" by allocating some of their energy capacity to the AI and HPC sectors, according to VanEck.