Pivot

Compound, one of the first protocols to make crypto lending work without a bank, has approved a record $52 million development budget …

Key Takeaways Keel shut all U.S. bitcoin mining as Q2 revenue fell 50% to $30.4M during its AI pivot. Keel sold 1,085 …

Bernstein has reiterated its outperform rating on TeraWulf (NASDAQ: WULF) and maintained a $36 price target, following the company’s second-quarter earnings report. …

Bitcoin miners’ pivot into artificial intelligence and high-performance computing (HPC) is reshaping their business models, but investors are no longer rewarding new …

Difficulty falls as weak mining economics reduce capacity, while forward markets signal little relief through year-end. www.coindesk.com

Texas broke its all-time electricity demand record twice in two days last week. ERCOT served a preliminary 91,308 megawatts around 5 p.m. …

Bitcoin mining difficulty has dropped 19.9% from its peak in the third deepest ASIC era decline on record, as miners sell bitcoin …

Bitcoin’s network hashrate has been on a downward trend for approximately 287 days, with mining difficulty now 19.9% below its all-time high, …

Bitcoin miners are redirecting billions of dollars and scarce power capacity toward artificial intelligence as $BTC’s downturn pushes mining profitability close to …

More than a dozen digital asset treasury companies have moved into artificial intelligence and data centres as falling crypto prices weaken demand …