Diversification into AI and HPC infrastructure drove sharp outperformance for miners, while pure-play bitcoin miners lagged.
One afternoon in June 2024, I stood up against the fence of a sprawling industrial facility a few miles outside of Corsicana, Texas. Over a metal gate, I watched a bright yellow excavator claw at the ...
Traditionally, thieves usually targeted some form of tangible good — whether it’s physical or digital currency, jewelry, or a car. But when it comes to mining cryptocurrencies, things get a little ...
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American Bitcoin has expanded its hashrate to 25 EH/s and delivered stronger mining output with improved operational efficiency. Revenue and adjusted EBITDA rose sharply as upgraded S21+ miners ...
Shares of American Bitcoin, a bitcoin mining and treasury company backed by Eric Trump and Donald Trump Jr., tumbled Tuesday despite bitcoin’s rebound from Monday’s steep decline. The stock fell as ...
When Tether Holdings chose Uruguay for its Bitcoin (BTC) mining activity, the reason was simple: cheap energy costs. But once a lucrative affair, Bitcoin mining is no longer drawing the same kind of ...
China's bitcoin mining market share rebounds to 3rd globally, Hashrate Index shows Beijing’s softening stance, cheap electricity attract crypto miners Bitcoin seen as strategic asset amid Sino-US ...
Forbes contributors publish independent expert analyses and insights. Becca Bratcher is an author and journalist specializing in crypto. Over the past few years, the United States, specifically Texas, ...
Many bitcoin miners are converting their data centers to handle AI computing. The value of bitcoin mining drops by 50% every four years due to “halving” events. Bitcoin data centers offer consistent ...
Bitcoin mining stocks and treasury companies often hold significant amounts of the cryptocurrency. This leaves them exposed if the price crashes. Some of these companies even end up outperforming ...
When Core Scientific signed a $3.5 billion deal to host artificial intelligence (AI) data centers earlier this year, it wasn’t chasing the next crypto token — it was chasing a steadier paycheck. Once ...
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