Bitcoin network hits record level of power, but falling profits push miners to AI
A bitcoin sign is seen in the main hall during the Bitcoin 2024 conference at Music City Center July 26, ...
Tag: Miners
Market Volatility? No Problem—Bitcoin Miners Still Earn $3.40 Million This Week
For many operators, high market volatility has turned Bitcoin mining into a real rollercoaster. But, some operators enjoy a smooth ...
Goldman Sachs jumps into bitcoin ETFs and one hedge fund gets bullish on miners
When the SEC opened the door in January for bitcoin exchange-traded funds to hit the mainstream, many traditional financial institutions ...
Bye-bye bitcoin, hello AI: Texas miners leave crypto for next new wave
Cattle graze at the Buffalo Gap Wind Power project in Taylor and Nolan counties just south of Abilene, Texas.Robert Daemmrich ...
Crypto catches M&A frenzy as bitcoin miners chase AI boom
Whinstone CEO Chad Harris takes CNBC on a tour of the largest bitcoin mine in North America.Crypto companies are suddenly ...
Bitcoin miners at Donald Trump’s closed-door event say he thinks bitcoin can help win AI arms race
Former U.S. President Donald Trump speaks at a dinner at Mar-a-Lago on June 5, 2024 in West Palm Beach, Florida. ...
Bitcoin Miners With Attractive Power Contracts Are Potential M&A Targets, JPMorgan Says
Mergers and acquisitions are heating up in the mining sector, after the halving. On Tuesday, shares of Core Scientific (CORZ) ...
U.S. Blocks China-Tied Crypto Miners as ‘National Security Risk’ Near Nuke Base
President Joe Biden ordered a cryptocurrency mining facility near Warren Air Force Base in Wyoming to halt operations on Monday, ...
Were Bitcoin Miners Behind The BTC Price Crash Below $60,000?
The price of Bitcoin fell drastically towards the $60,000 mark in the days leading up to the just concluded halving. ...
Bitcoin miners upgrade power centers and get into AI to brace for slashed revenue post halving
AUSTIN, TEXAS — Adam Sullivan left investment banking to mine bitcoin at an awkward time. It was May 2023, bitcoin ...
