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Bitcoin mining companies are turning to renewable energy to reduce costs amid record-low hash price, a critical metric for miner profitability, which is below the $40 level that marks the breakeven point for mining operators.Hash price, which measures expected miner profitability per unit of computi…
Texas is rapidly emerging as an epicenter of artificial intelligence-driven energy demand, with an unprecedented surge in large-load power requests, a wave now dominated by AI data centers rather than Bitcoin miners.The figures, highlighted in The Miner Mag’s latest newsletter and drawn from ERCOT’s…
Hut 8 Corp. shares fell as much as 13% on Tuesday after the company reported record third-quarter results but did not confirm a hyperscale AI tenant for its River Bend project in Louisiana.Benchmark Equity Research Analyst Mark Palmer described the selloff as "short-sighted and unwarranted" in a Wed…
HIVE Digital Technologies (ticker HIVE) is expanding its hydroelectric-powered data-center campus in Paraguay, according to an announcement on Tuesday.The move is part of HIVE's "Phase 3" expansion of its renewable capacity in the country, expanding its output to 400 megawatts. The buildout is expec…
Bitcoin miner TeraWulf is suddenly Wall Street’s hot topic. Its stock shot up more than 70% in a week after Google boosted its stake in the company, betting big on its shift from pure crypto mining into powering artificial intelligence (AI).CEO Paul Prager highlights strategic alignment with GoogleO…
A headline is making waves in the crypto world as Google reportedly acquires an 8% stake in Bitcoin miner TeraWulf in a $3.7 billion deal. Many in the crypto community are claiming that Google has officially entered the Bitcoin mining space.So, what’s the truth behind the news? Here’s a detailed, fa…
Bitcoin miner TeraWulf (ticker WULF) saw its shares jump by over 50% intraday after announcing two 10-year colocation agreements with AI high-performance computing provider Fluidstack. The deals are worth $3.7 billion in contracted revenue over the initial 10-year terms, with two five-year extension…
Pakistan’s demographics position the country as a major catalyst for Bitcoin adoption, allowing it to “leapfrog” developed nations, according to Bilal Bin Saqib, Pakistan’s state minister of crypto and blockchain.“A global policy shift has happened, not just in Pakistan, but all around the world,” …
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated October 3, 2024 to its short form base shelf prospectus dated September 11, 2024.San Antonio, Texas--(Newsfile Corp. - March 18, 2025) - HIVE Digital Technologies Ltd. (FSE: YO0)…
CoreWeave, an AI firm in close partnership with bitcoin miner Core Scientific (CORZ), filed for an initial public offering (IPO) today.The company is expected to raise $4 billion, with a valuation of more than $35 billion.Today's filing showed the company had seen $1.9 billion in revenue in 2024, re…
Genesis Digital Assets Limited (GDA) is expanding its bitcoin mining operations in West Texas with a 50-megawatt (MW) energization increase across its Pyote and Vernon sites.GDA is a private company with offices in the United Arab Emirates and the United States, with a total power capacity of over …
Genesis Digital Assets Limited (GDA) is expanding its bitcoin (BTC) mining operations in West Texas with a 50-megawatt (MW) energization increase across its Pyote and Vernon sites.GDA is a private company with offices in the United Arab Emirates and the United States, with a total power capacity of …