Block reward mining Q2: Losses rising faster than revenue
Block reward miners faced mounting pressure in the second quarter as weak BTC prices squeezed profitability and AI…
Browsing Tag
Data Center
42 posts
Crypto Biz: Is AI the exit strategy for miners?
Bitcoin miners double down on AI, tokenized RWAs top $43 billion, Ripple strengthens its African payments network and…
HIVE Lands $220 Million AI Cloud Deal With Bell Canada and Cohere
HIVE Digital’s BUZZ HPC unit has signed a three-year GPU cloud contract worth about $220 million as part…
Bitcoin miners need billions to fund AI ambitions, led by IREN’s $21B gap
IREN leads public Bitcoin miners with a projected $21.1 billion AI infrastructure funding gap, underscoring the capital-intensive nature…
50-Person Nostrum Team Gives IREN Europe Foothold as AI Cloud Demand Fuels Stock
IREN Limited completed its acquisition of Spain-based Nostrum Group on Monday, adding 490 megawatts of secured, grid-connected power…
From $255M to $13.7B in 6 Quarters: Leopold Aschenbrenner’s Massive Bet on AI Infrastructure
Leopold Aschenbrenner just took Situational Awareness LP from $255M to $13.7B in only six quarters. His Q1 2026…
Terawulf Expands AI Strategy With 1GW Data Campus and $3B Backing
Terawulf has acquired a major AI-focused data center site in Kentucky as it accelerates its shift from bitcoin…
Applied Digital Tops 1 GW as AI Factory Campus Locks $7.5B Hyperscaler Lease
Applied Digital has signed a 15-year, take-or-pay lease at its fourth artificial intelligence (AI) Factory campus, Polaris Forge…
The AI data center boom
AI data centers are booming with $350B in capex, but as GPUs age quickly, the risk of bankruptcy…
Galaxy Digital Posts $216M Q1 Loss as 20% Crypto Drop Cuts Portfolio Value
Galaxy Digital reported a $216 million first-quarter loss amid a broad crypto market decline, while pushing ahead with…