Elon Musk’s SpaceX has turned one of the world’s largest artificial intelligence clusters into a commercial compute product, creating a new challenge …
Mining
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Mining
Bitcoin Mining Company Core Scientific Announces It Has Sold Bitcoin! Here Are the Details
by shayaanby shayaanCore Scientific announced its financial results for the first quarter of 2026. The company reported selling a total of 2,385 Bitcoin during …
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Mining
IREN revenue falls 22% to $145 million as bitcoin miner leans harder into AI
by shayaanby shayaanIREN Limited (NASDAQ: IREN) has announced revenue fell to $144.8 million in the quarter ended March 31, 2026, down from $184.7 million …
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Mining
ANTPOOL, Block Inc, F2Pool, Foundry, Spiderpool, MARA Foundation & DMND Join Stratum v2 Working Group
by shayaanby shayaanThe Stratum v2 Working Group announces today that ANTPOOL, Block Inc, F2Pool, Foundry, Spiderpool, MARA Foundation, and DMND have joined the working …
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Mining
Core Scientific Buys Polaris Bitcoin Mine for $421M Oklahoma AI Power Expansion
by shayaanby shayaanThis article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) …
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Mining
Core Scientific sold $208 million of bitcoin in Q1 as AI pivot continues
by shayaanby shayaanCore Scientific (CORZ) reported a $347.2 million first-quarter loss even as revenue rose to $115.2 million, as the former bitcoin mining heavyweight …
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Mining
Hut 8 Surges 30% After Landing Second AI Data Center Lease Worth $9.8 Billion – Bitcoin News
by shayaanby shayaanThis article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) …
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Mining
CleanSpark Sells More Bitcoin Than It Mined in April, Netting 108 BTC Sale
by shayaanby shayaanBitcoin mining firm CleanSpark reported a net sale of 108 Bitcoin during the month of April, as the company sold more coins …
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Mining
Core Scientific buys Polaris for $421M to pivot Bitcoin mining power toward AI data centers
by shayaanby shayaanCore Scientific (CORZ), a major player in Bitcoin mining and high-performance computing, has acquired Bitcoin mining firm Polaris for $421 million, according …
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Mining
Russia slides on crypto mining rankings over higher electricity costs, stronger ruble
by shayaanby shayaanRussia is on its way to losing its spot as the world’s second-largest Bitcoin mining destination, after the United States, to China, …