Bitfarms' stock dropped nearly 18% after the company announced plans to completely shut down its Bitcoin (BTC) mining operations over the next two years and convert them into high-compute data centers for Artificial Intelligence (AI).
Read MoreBitfarms' stock dropped nearly 18% after the company announced plans to completely shut down its Bitcoin (BTC) mining operations over the next two years and convert them into high-compute data centers for Artificial Intelligence (AI).
Read MoreCleanSpark, a Nasdaq-listed Bitcoin mining firm, has announced a significant $1.15 billion convertible note offering to fund a strategic expansion into AI infrastructure and bolster its balance sheet.
Read MoreIREN (originally Iris Energy), co-founded by former Macquarie Group bankers Daniel Roberts (41) and Will Roberts (35), experienced a dramatic turnaround after a near-collapse following the 2022 Bitcoin market crash.
Read MoreCipher Mining Inc. has successfully raised $1.4 billion through a high-yield debt offering to pivot its focus from Bitcoin mining to building a major AI data center in Barber Lake, Texas.
Read MoreThopen, a solar energy company and subsidiary of Pontal Energy, has announced a new strategy to address the growing problem of energy surplus in Brazil: entering the Bitcoin mining market.
Read MoreUS Energy Secretary Chris Wright has formally requested that the Federal Energy Regulatory Commission (FERC), the agency overseeing the interstate electricity grid
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